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Affordable
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These days, finding an affordable place to live in the Runnells area can be challenging. Home prices in Runnells are now at a median cost of $344,819, higher than the Iowa average of $226,062.
The average cost of rent is $948/mo in Runnells, primarily driven by the current value of real estate in the Runnells area. In Runnells, 12.91% of households rent, and 37.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Runnells is $9,104 per month. Households that rent pay about 10.42% of their income on rent here. Runnells’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ivy, IA: equally priced homes
- Vandalia, IA: equally priced homes
- Carlisle, IA: less expensive homes
- Hartford, IA: less expensive homes
- Pleasant Hill, IA: less expensive homes
- Altoona, IA: less expensive homes
- Palmyra, IA: less expensive homes
- Swan, IA: less expensive homes
- Mitchellville, IA: less expensive homes
- Prairie City, IA: less expensive homes
Cities with Similar Populations
- Grapeland, TX: less expensive homes
- Wentworth, NC: less expensive homes
- Glenelg, MD: higher priced homes
- Brookfield, OH: less expensive homes
- Fall River, WI: less expensive homes
- Clayton, WA: higher priced homes
- Dexter, NY: less expensive homes
- Elizabethtown, IN: less expensive homes
- Oakville, WA: equally priced homes
- Rio Vista, TX: less expensive homes
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