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These days, finding an affordable place to live in the Stanhope area can be challenging. Home prices in Stanhope are now at a median cost of $183,093, lower than the Iowa average of $226,062.
The average cost of rent is $601/mo in Stanhope, primarily driven by the current value of real estate in the Stanhope area. In Stanhope, 21.53% of households rent, and 57.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stanhope is $6,611 per month. Households that rent pay about 9.09% of their income on rent here. Stanhope’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jewell, IA: higher priced homes
- Stratford, IA: less expensive homes
- Jewell Junction, IA: less expensive homes
- Kamrar, IA: higher priced homes
- Mackey, IA: higher priced homes
- Ridgeport, IA: higher priced homes
- Randall, IA: higher priced homes
- Ellsworth, IA: higher priced homes
- Webster City, IA: less expensive homes
- Story City, IA: higher priced homes
Cities with Similar Populations
- Warnock, KY: less expensive homes
- Homestead, IA: higher priced homes
- Homewood, CA: higher priced homes
- Honeytown, OH: higher priced homes
- Horse Branch, KY: less expensive homes
- Hortonville, NY: higher priced homes
- Hotwells, LA: higher priced homes
- Hydetown, PA: less expensive homes
- Westbrookville, NY: higher priced homes
- West Hatfield, MA: higher priced homes
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