The Most Affordable Neighborhoods in Truro, IA by Home Value

 

Truro, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Truro area can be challenging. Home prices in Truro are now at a median cost of $199,296, higher than the Iowa average of $182,666.

The average cost of rent is $854/mo in Truro, primarily driven by the current value of real estate in the Truro area. While nearly 29.75% of residents own their homes outright in Truro, 13.43% rent.

Housing affordability isn’t just about home prices, though. The average household income in Truro is $6,210 per month. Households that rent pay about 13.76% of their income on rent here. Truro's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.


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