Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Toronto area can be challenging. Home prices in Toronto are now at a median cost of $181,316, lower than the Iowa average of $182,666.
The average cost of rent is $1,114/mo in Toronto, primarily driven by the current value of real estate in the Toronto area. While nearly 41.34% of residents own their homes outright in Toronto, 22.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Toronto is $5,299 per month. Households that rent pay about 21.03% of their income on rent here. Toronto's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Massillon, IA: higher priced homes
- Lost Nation, IA: less expensive homes
- Lowden, IA: less expensive homes
- Wheatland, IA: less expensive homes
- Oxford Mills, IA: less expensive homes
- Oxford Junction, IA: less expensive homes
- Calamus, IA: less expensive homes
- Elwood, IA: less expensive homes
- Big Rock, IA: higher priced homes
- Clarence, IA: less expensive homes
Cities with Similar Populations
- Endicott, NE: less expensive homes
- West Hoosick, NY: equally priced homes
- West Leroy, PA: equally priced homes
- West Lodi, OH: less expensive homes
- West Plymouth, NH: higher priced homes
- Fairview, OH: less expensive homes
- Exmoor, AL: less expensive homes
- Eugene, IN: less expensive homes
- Sextons Creek, KY: less expensive homes
- West Bolivar, PA: less expensive homes
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