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These days, finding an affordable place to live in the Swea City area can be challenging. Home prices in Swea City are now at a median cost of $131,494, lower than the Iowa average of $226,062.
The average cost of rent is $604/mo in Swea City, primarily driven by the current value of real estate in the Swea City area. In Swea City, 26.92% of households rent, and 79.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Swea City is $5,783 per month. Households that rent pay about 10.45% of their income on rent here. Swea City’s most expensive areas are in the northern 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
- Ledyard, IA: higher priced homes
- Seneca, IA: equally priced homes
- Armstrong, IA: less expensive homes
- Bancroft, IA: less expensive homes
- Lakota, IA: less expensive homes
- Pilot Grove, MN: higher priced homes
- Lone Rock, IA: less expensive homes
- Ringsted, IA: equally priced homes
- Fenton, IA: less expensive homes
- Elmore, MN: less expensive homes
Cities with Similar Populations
- Ellsworth, IA: higher priced homes
- Trent, TX: higher priced homes
- Trade, TN: equally priced homes
- Tony, WI: higher priced homes
- Tolani Lake, AZ: less expensive homes
- South Butler, MI: higher priced homes
- Garvin, OK: higher priced homes
- Garden City, UT: higher priced homes
- Fork Union, VA: higher priced homes
- Evansville, IL: less expensive homes
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