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These days, finding an affordable place to live in the Spring Grove area can be challenging. Home prices in Spring Grove are now at a median cost of $222,120, lower than the Iowa average of $226,062.
The average cost of rent is $713/mo in Spring Grove, primarily driven by the current value of real estate in the Spring Grove area. In Spring Grove, 4.16% of households rent, and 43.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring Grove is $8,666 per month. Households that rent pay about 8.22% of their income on rent here. Spring Grove’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Burlington, IA: less expensive homes
- Wever, IA: equally priced homes
- Shokokon, IL: less expensive homes
- West Burlington, IA: less expensive homes
- Carman, IL: less expensive homes
- Lomax, IL: less expensive homes
- Gulf Port, IL: less expensive homes
- Middletown, IA: less expensive homes
- Denmark, IA: less expensive homes
- Dallas City, IL: less expensive homes
Cities with Similar Populations
- Sandfordville, NY: less expensive homes
- Muse, OK: less expensive homes
- Routon, TN: less expensive homes
- Rucker, MO: equally priced homes
- Ruple, LA: less expensive homes
- Rye Beach, NH: higher priced homes
- Salem Corners, MN: higher priced homes
- Salem, FL: equally priced homes
- Salt Sulphur Springs, WV: less expensive homes
- San Jacinto, IN: less expensive homes
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