Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Russell area can be challenging. Home prices in Russell are now at a median cost of $88,513, lower than the Iowa average of $182,666.
The average cost of rent is $731/mo in Russell, primarily driven by the current value of real estate in the Russell area. While nearly 56.46% of residents own their homes outright in Russell, 8.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Russell is $4,940 per month. Households that rent pay about 14.80% of their income on rent here. Russell's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Chariton, IA: equally priced homes
- Melrose, IA: higher priced homes
- Millerton, IA: higher priced homes
- Williamson, IA: higher priced homes
- Derby, IA: higher priced homes
- Oakley, IA: higher priced homes
- Weller, IA: higher priced homes
- Promise City, IA: higher priced homes
- Georgetown, IA: higher priced homes
- Lucas, IA: higher priced homes
Cities with Similar Populations
- Farmington, KY: higher priced homes
- Triana, AL: higher priced homes
- Tiltonsville, OH: equally priced homes
- Hill Top, MO: higher priced homes
- Henderson, GA: higher priced homes
- Gilbert, WV: less expensive homes
- Franklin, IL: higher priced homes
- Foxtown, SC: higher priced homes
- Fort Duchesne, UT: higher priced homes
- Flatwoods, TN: higher priced homes
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