The Most Affordable Neighborhoods in Sioux City, IA by Home Value

 

Sioux City, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sioux City area can be challenging. Home prices in Sioux City are now at a median cost of $158,422, lower than the Iowa average of $182,666.

The average cost of rent is $926/mo in Sioux City, primarily driven by the current value of real estate in the Sioux City area. While nearly 41.14% of residents own their homes outright in Sioux City, 31.74% rent.

Housing affordability isn’t just about home prices, though. The average household income in Sioux City is $6,006 per month. Households that rent pay about 15.41% of their income on rent here. Sioux City's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.


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