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These days, finding an affordable place to live in the Stanwood area can be challenging. Home prices in Stanwood are now at a median cost of $157,706, lower than the Iowa average of $226,062.
The average cost of rent is $925/mo in Stanwood, primarily driven by the current value of real estate in the Stanwood area. In Stanwood, 16.81% of households rent, and 44.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stanwood is $5,273 per month. Households that rent pay about 17.55% of their income on rent here. Stanwood’s most expensive areas are in the southeastern 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
- Clarence, IA: higher priced homes
- Mechanicsville, IA: higher priced homes
- Olin, IA: less expensive homes
- Hale, IA: less expensive homes
- Tipton, IA: higher priced homes
- Morley, IA: higher priced homes
- Oxford Mills, IA: equally priced homes
- Massillon, IA: higher priced homes
- Lowden, IA: equally priced homes
- Cedar Bluff, IA: higher priced homes
Cities with Similar Populations
- Stanford, IL: equally priced homes
- Higley, AZ: higher priced homes
- Hill Country Village, TX: higher priced homes
- Shawmut, ME: higher priced homes
- Spicer, OR: higher priced homes
- Spring Mills, VA: equally priced homes
- Springville, PA: higher priced homes
- St. Francis, KY: higher priced homes
- Stallion Springs, CA: higher priced homes
- Highland, AR: less expensive homes
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