The Most and Least Expensive Areas to Rent in Lacona, IA

Lacona renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.

 

Lacona, IA of rent costs by neighborhood
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Rental Price Key

High-end
Mid-tier
Most affordable

On average, the cost of rent in Lacona is about $758 per month. This puts it in the 58th percentile compared to the state average cost of rent, which is $884. Households in Lacona have a median income of $5,387 per month so the average renter in Lacona is spending roughly 14% of their earnings on housing.

Nationally, and in Lacona, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lacona is $117,833 right now, which is lower than nearby cities, meaning that rents in Lacona also tend to be lower versus these nearby cities.

Higher rent prices are common in the southwestern parts of Lacona while lower rent rates are often available in northeastern areas.

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