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These days, finding an affordable place to live in the Springville area can be challenging. Home prices in Springville are now at a median cost of $256,610, higher than the Iowa average of $226,062.
The average cost of rent is $1,071/mo in Springville, primarily driven by the current value of real estate in the Springville area. In Springville, 14.30% of households rent, and 35.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springville is $7,405 per month. Households that rent pay about 14.47% of their income on rent here. Springville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Whittier, IA: higher priced homes
- Viola, IA: higher priced homes
- Martelle, IA: higher priced homes
- Marion, IA: equally priced homes
- Fairview, IA: higher priced homes
- Bertram, IA: higher priced homes
- Troy Mills, IA: higher priced homes
- Waubeek, IA: equally priced homes
- Mount Vernon, IA: equally priced homes
- Stone City, IA: less expensive homes
Cities with Similar Populations
- Hegins, PA: less expensive homes
- Shoals, IN: less expensive homes
- Manson, NC: less expensive homes
- Sidman, PA: less expensive homes
- Stella, NC: higher priced homes
- Sharon, CT: higher priced homes
- Toadvine, AL: less expensive homes
- Leon, IA: less expensive homes
- Sattler, TX: higher priced homes
- Van Buren, ME: less expensive homes
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