2026 Affordability Data
Most Affordable Neighborhoods in Spirit Lake - 2026 Data
The median home value in Spirit Lake is $196,900, 30% below nat'l avg. Median rent is $891/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Spirit Lake, IA area.
Key Takeaways: Affordability in Spirit Lake
- 1The most affordable neighborhood in Spirit Lake is Storm Lake, with a median home value of $148,900.
- 2Spirit Lake's median home value is $196,900, 30% below nat'l avg (national: $281,900).
- 3Median rent in Spirit Lake is $891/month, 23% below nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Spirit Lake to find the most affordable areas based on home values, rent, and affordability index.
Spirit Lake Affordability Overview
Median Home Value
$196,900
30% below nat'l avg
Median Rent
$891/mo
23% below nat'l avg
Median Income
$70,248
6% below nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Spirit 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 |
Detailed Neighborhood Profiles
Home Value: $148,900
Rent: $824/mo
Affordability: 212
Population: 11,194
Walk Score: 0/100
Home Value: $89,100
Rent: $824/mo
Affordability: 212
Population: 9,868
Walk Score: 0/100
Home Value: $123,800
Rent: $824/mo
Affordability: 212
Population: 11,492
Walk Score: 0/100
4
Home Value: $273,600
Rent: $824/mo
Affordability: 212
Population: 38,997
Walk Score: 0/100
5
Home Value: $211,000
Rent: $824/mo
Affordability: 212
Population: 10,399
Walk Score: 0/100
6
Home Value: $142,000
Rent: $824/mo
Affordability: 212
Population: 67,256
Walk Score: 0/100
7
Home Value: $142,200
Rent: $824/mo
Affordability: 212
Population: 12,482
Walk Score: 0/100
8
Home Value: $247,500
Rent: $824/mo
Affordability: 212
Population: 66,265
Walk Score: 0/100
9
Home Value: $263,600
Rent: $824/mo
Affordability: 212
Population: 10,456
Walk Score: 0/100
10
Home Value: $208,200
Rent: $824/mo
Affordability: 212
Population: 41,401
Walk Score: 0/100
11
Home Value: $155,100
Rent: $824/mo
Affordability: 212
Population: 101,448
Walk Score: 0/100
12
Home Value: $240,100
Rent: $824/mo
Affordability: 212
Population: 10,556
Walk Score: 0/100
13
Home Value: $172,000
Rent: $824/mo
Affordability: 212
Population: 10,270
Walk Score: 0/100
14
Home Value: $266,700
Rent: $824/mo
Affordability: 212
Population: 68,744
Walk Score: 0/100
15
Home Value: $109,800
Rent: $824/mo
Affordability: 212
Population: 27,511
Walk Score: 0/100
Frequently Asked Questions About Affordability in Spirit Lake
What is the most affordable neighborhood in Spirit Lake, IA?▾
Based on 2026 data, Storm Lake is the most affordable neighborhood in Spirit Lake with a median home value of $148,900. Kurby analyzed 15 neighborhoods in the Spirit Lake area to compile these rankings.
What is the median home price in Spirit Lake, IA?▾
The median home price in Spirit Lake is $196,900, which is 30% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Spirit Lake, IA?▾
The median monthly rent in Spirit Lake is $891. This is 23% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Spirit Lake?▾
The median household income in Spirit Lake is $70,248 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Spirit Lake are below the national average home price?▾
15 out of 15 ranked neighborhoods in Spirit Lake have a median home value below the national average of $281,900. The most affordable is Storm Lake at $148,900 (Source: Kurby, 2026).