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These days, finding an affordable place to live in the Troy Mills area can be challenging. Home prices in Troy Mills are now at a median cost of $361,512, higher than the Iowa average of $226,062.
The average cost of rent is $1,134/mo in Troy Mills, primarily driven by the current value of real estate in the Troy Mills area. In Troy Mills, 8.66% of households rent, and 35.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Troy Mills is $10,369 per month. Households that rent pay about 10.94% of their income on rent here. Troy Mills’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Marion, IA: less expensive homes
- Robins, IA: higher priced homes
- Alburnett, IA: less expensive homes
- Hiawatha, IA: less expensive homes
- Lafayette, IA: less expensive homes
- Whittier, IA: less expensive homes
- Toddville, IA: equally priced homes
- Cedar Rapids, IA: less expensive homes
- Springville, IA: less expensive homes
- Central City, IA: less expensive homes
Cities with Similar Populations
- Villa Cavazos, TX: less expensive homes
- Bradley, AR: less expensive homes
- Brandon, OH: equally priced homes
- Braswell, GA: less expensive homes
- Buda, IL: less expensive homes
- Carlisle, TN: less expensive homes
- Chidester, AR: less expensive homes
- Clearwater, NE: less expensive homes
- Vallecito, CA: higher priced homes
- Valley View, MO: less expensive homes
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