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These days, finding an affordable place to live in the Yale area can be challenging. Home prices in Yale are now at a median cost of $198,260, lower than the Iowa average of $226,062.
The average cost of rent is $1,253/mo in Yale, primarily driven by the current value of real estate in the Yale area. In Yale, 11.71% of households rent, and 47.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Yale is $6,749 per month. Households that rent pay about 18.57% of their income on rent here. Yale’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Panora, IA: equally priced homes
- Jamaica, IA: higher priced homes
- Herndon, IA: higher priced homes
- Bagley, IA: higher priced homes
- Dawson, IA: higher priced homes
- Linden, IA: higher priced homes
- Guthrie Center, IA: less expensive homes
- Monteith, IA: equally priced homes
- Dale, IA: higher priced homes
- Bayard, IA: less expensive homes
Cities with Similar Populations
- Burdett, MO: equally priced homes
- Widowville, OH: equally priced homes
- Whiton, AL: higher priced homes
- Whitney, FL: less expensive homes
- Whiteface, TX: less expensive homes
- Whistleville, GA: higher priced homes
- Cannel City, KY: less expensive homes
- Cana, NC: higher priced homes
- Calvert, AL: less expensive homes
- Cainsville, MO: less expensive homes
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