Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Walnut area can be challenging. Home prices in Walnut are now at a median cost of $120,325, lower than the Iowa average of $182,666.
The average cost of rent is $804/mo in Walnut, primarily driven by the current value of real estate in the Walnut area. While nearly 49.09% of residents own their homes outright in Walnut, 26.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Walnut is $4,672 per month. Households that rent pay about 17.21% of their income on rent here. Walnut's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Avoca, IA: higher priced homes
- Marne, IA: less expensive homes
- Hancock, IA: equally priced homes
- Elk Horn, IA: equally priced homes
- Jacksonville, IA: higher priced homes
- Atlantic, IA: equally priced homes
- Shelby, IA: higher priced homes
- Lewis, IA: less expensive homes
- Harlan, IA: higher priced homes
- Kimballton, IA: less expensive homes
Cities with Similar Populations
- Saragossa, AL: equally priced homes
- Lakeport, TX: equally priced homes
- Latham, MO: higher priced homes
- Leatherwood, VA: equally priced homes
- Lenore, WV: equally priced homes
- Alsea, OR: higher priced homes
- Loyalhanna, PA: higher priced homes
- Riga, MI: higher priced homes
- Rives, TN: equally priced homes
- Rosston, AR: less expensive homes
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