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These days, finding an affordable place to live in the Spring Hill area can be challenging. Home prices in Spring Hill are now at a median cost of $378,849, higher than the Iowa average of $226,062.
The average cost of rent is $1,407/mo in Spring Hill, primarily driven by the current value of real estate in the Spring Hill area. In Spring Hill, 5.70% of households rent, and 38.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring Hill is $9,910 per month. Households that rent pay about 14.20% of their income on rent here. Spring Hill’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Prole, IA: less expensive homes
- Indianola, IA: less expensive homes
- Medora, IA: equally priced homes
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- Summerset, IA: less expensive homes
- Scotch Ridge, IA: equally priced homes
- Martensdale, IA: less expensive homes
- Bevington, IA: less expensive homes
- Ackworth, IA: less expensive homes
- Cumming, IA: higher priced homes
Cities with Similar Populations
- Monterey, PA: less expensive homes
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- Mount Hope, WI: less expensive homes
- Mount Carbon, IL: less expensive homes
- Mount Alto, WV: less expensive homes
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