The Most Affordable Neighborhoods in Shell Rock, IA by Home Value

 

Shell Rock, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Shell Rock area can be challenging. Home prices in Shell Rock are now at a median cost of $152,974, lower than the Iowa average of $182,666.

The average cost of rent is $662/mo in Shell Rock, primarily driven by the current value of real estate in the Shell Rock area. While nearly 37.20% of residents own their homes outright in Shell Rock, 18.09% rent.

Housing affordability isn’t just about home prices, though. The average household income in Shell Rock is $5,885 per month. Households that rent pay about 11.25% of their income on rent here. Shell Rock's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.


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