The Most Affordable Neighborhoods in Scotch Grove, IA by Home Value

 

Scotch Grove, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Scotch Grove area can be challenging. Home prices in Scotch Grove are now at a median cost of $184,396, higher than the Iowa average of $182,666.

The average cost of rent is $865/mo in Scotch Grove, primarily driven by the current value of real estate in the Scotch Grove area. While nearly 46.18% of residents own their homes outright in Scotch Grove, 11.98% rent.

Housing affordability isn’t just about home prices, though. The average household income in Scotch Grove is $7,108 per month. Households that rent pay about 12.16% of their income on rent here. Scotch Grove's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.


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