Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Troy area can be challenging. Home prices in Troy are now at a median cost of $121,711, lower than the Iowa average of $182,666.
The average cost of rent is $687/mo in Troy, primarily driven by the current value of real estate in the Troy area. While nearly 50.56% of residents own their homes outright in Troy, 4.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Troy is $6,331 per month. Households that rent pay about 10.85% of their income on rent here. Troy's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Milton, IA: less expensive homes
- White Elm, IA: less expensive homes
- Pulaski, IA: less expensive homes
- Leando, IA: higher priced homes
- Selma, IA: higher priced homes
- Douds, IA: higher priced homes
- Pittsburg, IA: higher priced homes
- Cantril, IA: equally priced homes
- Stiles, IA: less expensive homes
- Bloomfield, IA: equally priced homes
Cities with Similar Populations
- Bryant, WI: higher priced homes
- Williamson Crossroads, NC: less expensive homes
- Whitaker, IN: higher priced homes
- Westwood, IN: equally priced homes
- West Fort Ann, NY: higher priced homes
- West Coffeyville, KS: equally priced homes
- West Bolton, VT: higher priced homes
- Buckingham, IA: higher priced homes
- Buckeye, LA: higher priced homes
- Wilmot, IN: higher priced homes
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