Most Affordable Neighborhoods in Clear Lake - 2026 Data
The median home value in Clear Lake is $216,400, 23% below nat'l avg. Median rent is $728/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Clear Lake, IA area.
Key Takeaways: Affordability in Clear Lake
- 1The most affordable neighborhood in Clear Lake is Storm Lake, with a median home value of $148,900.
- 2Clear Lake's median home value is $216,400, 23% below nat'l avg (national: $281,900).
- 3Median rent in Clear Lake is $728/month, 37% below nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Clear Lake to find the most affordable areas based on home values, rent, and affordability index.
Clear Lake Affordability Overview
Median Home Value
$216,400
23% below nat'l avg
Median Rent
$728/mo
37% below nat'l avg
Median Income
$66,900
10% below nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Clear Lake (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Storm LakeIA | $148,900 |
| 2 | KeokukIA | $89,100 |
| 3 | OskaloosaIA | $123,800 |
| 4 | BettendorfIA | $273,600 |
| 5 | WaverlyIA | $211,000 |
| 6 | WaterlooIA | $142,000 |
| 7 | BooneIA | $142,200 |
| 8 | AmesIA | $247,500 |
| 9 | Pleasant HillIA | $263,600 |
| 10 | MarionIA | $208,200 |
| 11 | DavenportIA | $155,100 |
| 12 | PellaIA | $240,100 |
| 13 | CarrollIA | $172,000 |
| 14 | West Des MoinesIA | $266,700 |
| 15 | MarshalltownIA | $109,800 |