A+
25%
Med. Home Val. NAT. AVG.
10%
Rent NAT. AVG.
28%
Owner Occ. NAT. AVG.
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Madrid Housing Information

IndexMadridIowaNational
Median home price$138,700$132,800$184,700
Median rent asked$850$715$949
Avg. people per household2.02.42.6
Owner occupied households81.1%71.1%63.6%
Renter occupied households18.9%28.9%36.4%
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Housing Quick Facts

  • The median home price in Madrid is 25% lower than the national average.
  • The median rent asked in Madrid is 10% lower than the national average.
  • The average number of people per household in Madrid is 24% lower than the national average.
  • The number of owner occupied households in Madrid is 28% higher than the national average.
  • The number of renter occupied households in Madrid is 48% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Bouton, IA165$66,80064%
      Perry, IA7,660$84,80054%
      Boone, IA12,470$114,60038%
      Minburn, IA401$117,20037%
      Ogden, IA1,767$122,50034%
      Madrid, IA2,570$138,70025%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Monticello, UT2,570$182,9001%
      Oakland City, IN2,570$84,70054%
      Horseheads North, NY2,569$171,7007%
      Luxemburg, WI2,571$186,3001%
      Lavonia, GA2,571$124,00033%
      Madrid, IA2,570$138,70025%
      Source: The Madrid, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).