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These days, finding an affordable place to live in the Westphalia area can be challenging. Home prices in Westphalia are now at a median cost of $166,554, lower than the Iowa average of $226,062.
The average cost of rent is $851/mo in Westphalia, primarily driven by the current value of real estate in the Westphalia area. In Westphalia, 18.28% of households rent, and 54.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Westphalia is $6,900 per month. Households that rent pay about 12.34% of their income on rent here. Westphalia’s most expensive areas are in the southern 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
- Earling, IA: equally priced homes
- Harlan, IA: equally priced homes
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Cities with Similar Populations
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- Union Center, IA: higher priced homes
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