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Affordable
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These days, finding an affordable place to live in the Tennant area can be challenging. Home prices in Tennant are now at a median cost of $191,289, lower than the Iowa average of $226,062.
The average cost of rent is $836/mo in Tennant, primarily driven by the current value of real estate in the Tennant area. In Tennant, 22.11% of households rent, and 39.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tennant is $6,543 per month. Households that rent pay about 12.77% of their income on rent here. Tennant’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shelby, IA: equally priced homes
- Portsmouth, IA: equally priced homes
- Harlan, IA: less expensive homes
- Persia, IA: higher priced homes
- Westphalia, IA: less expensive homes
- Panama, IA: less expensive homes
- Avoca, IA: equally priced homes
- Minden, IA: higher priced homes
- Earling, IA: less expensive homes
- Kirkman, IA: equally priced homes
Cities with Similar Populations
- Florence, OH: equally priced homes
- Franklin, CA: higher priced homes
- Foxport, KY: less expensive homes
- Fort Henry, MO: equally priced homes
- Fort Bidwell, CA: higher priced homes
- Fort Apache, AZ: less expensive homes
- Forest River, ND: less expensive homes
- Forest River Colony, ND: less expensive homes
- Forest Lakes, AZ: higher priced homes
- Fordville, ND: less expensive homes
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