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Affordable
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These days, finding an affordable place to live in the Walnut City area can be challenging. Home prices in Walnut City are now at a median cost of $172,000, lower than the Iowa average of $226,062.
The average cost of rent is $780/mo in Walnut City, primarily driven by the current value of real estate in the Walnut City area. In Walnut City, 4.55% of households rent, and 37.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Walnut City is $6,375 per month. Households that rent pay about 12.24% of their income on rent here. Walnut City’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mystic, IA: less expensive homes
- Garfield, IA: less expensive homes
- Rathbun, IA: equally priced homes
- Plano, IA: less expensive homes
- Sunshine, IA: equally priced homes
- Forbush, IA: equally priced homes
- Centerville, IA: less expensive homes
- Moravia, IA: less expensive homes
- Darbyville, IA: less expensive homes
- Jerome, IA: equally priced homes
Cities with Similar Populations
- Seyppel, AR: higher priced homes
- McIntyre, OH: equally priced homes
- McKamie, AR: less expensive homes
- McLeods Corner, MI: less expensive homes
- McMullen, AL: less expensive homes
- Meadville, WV: less expensive homes
- Meeks, TX: higher priced homes
- Selma, KS: less expensive homes
- Seneca, SD: less expensive homes
- Seney, MI: less expensive homes
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