A-
66%
Med. Home Val. NAT. AVG.
100%
Rent NAT. AVG.
48%
Owner Occ. NAT. AVG.
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Melrose Housing Information

IndexMelroseIowaNational
Median home price$62,500$132,800$184,700
Median rent asked$0$715$949
Avg. people per household2.12.42.6
Owner occupied households93.9%71.1%63.6%
Renter occupied households6.1%28.9%36.4%
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Housing Quick Facts

  • The median home price in Melrose is 66% lower than the national average.
  • The median rent asked in Melrose is 100% lower than the national average.
  • The average number of people per household in Melrose is 20% lower than the national average.
  • The number of owner occupied households in Melrose is 48% higher than the national average.
  • The number of renter occupied households in Melrose is 83% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Millerton, IA125$0100%
      Marysville, IA50$0100%
      Russell, IA667$47,60074%
      Mystic, IA317$49,20073%
      Williamson, IA184$53,30071%
      Melrose, IA179$62,50066%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Wind Ridge, PA179$106,30042%
      Starks, LA179$9,99995%
      Minnewaukan, ND179$110,70040%
      Honor, MI179$110,20040%
      Camptonville, CA179$268,80046%
      Melrose, IA179$62,50066%
      Source: The Melrose, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).