Expensive
Affordable
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These days, finding an affordable place to live in the Rowan area can be challenging. Home prices in Rowan are now at a median cost of $84,259, lower than the Iowa average of $226,062.
The average cost of rent is $683/mo in Rowan, primarily driven by the current value of real estate in the Rowan area. In Rowan, 20.74% of households rent, and 55.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rowan is $6,205 per month. Households that rent pay about 11.01% of their income on rent here. Rowan’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dows, IA: equally priced homes
- Galt, IA: higher priced homes
- Alexander, IA: higher priced homes
- Belmond, IA: higher priced homes
- Coulter, IA: higher priced homes
- Cornelia, IA: higher priced homes
- Latimer, IA: higher priced homes
- Clarion, IA: higher priced homes
- Popejoy, IA: higher priced homes
- Meservey, IA: higher priced homes
Cities with Similar Populations
- Kymulga, AL: higher priced homes
- Kipling, NC: higher priced homes
- Kirk, CO: higher priced homes
- Kirschnerville, NY: higher priced homes
- Kitsap Lake, WA: higher priced homes
- Kitzmiller, MD: higher priced homes
- Kneeland, MI: higher priced homes
- Knox Dale, PA: higher priced homes
- Koyuk, AK: higher priced homes
- Kincheloe, WV: higher priced homes
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