Home prices
The value of the median home in Farmersburg is $70,000. Compared to other places in this area this is approximately $18,280 (20%) lower.In comparison to the country as a whole it is approximately $147,500 (67%) lower, and in comparison to the city of Cedar Rapids it is roughly $71,800 (50%) lower.
Rents
The median rent in Farmersburg is $519 a month. In comparison to its nearby areas this is about $179 (25%) lower.Compared to the US as a whole it is approximately $543 (51%) lower, and in comparison to the city of Cedar Rapids it is roughly $248 (32%) lower.
Nearby places
St. Olaf
St. Olaf is approximately 2 miles southwest of Farmersburg. Real estate prices there are pretty similar. The median home in St. Olaf costs $71,700, which comes out to $1,700 (2%) higher than Farmersburg. The rent there is pretty similar. In St. Olaf the median rent is $538 per month, which works out to $19 (3%) higher than Farmersburg.
Monona
Monona is about 6 miles north of Farmersburg. Real estate prices there are a little more expensive. The price of the median home in Monona is $98,600, which comes out to $28,600 (29%) higher than Farmersburg. Its rents are significantly more expensive. Monona's median rent is $830 per month, which is $311 (37%) higher than Farmersburg.
Elkader
Elkader is approximately 6 miles south from Farmersburg. Its housing prices are somewhat more expensive. The median home cost in Elkader is $89,400, which comes out to $19,400 (21%) higher than Farmersburg. Rents there are somewhat more expensive. The median monthly rent in Elkader is $677, which comes out to $158 (23%) higher than Farmersburg.
Luana
Luana is about 7 miles northwest of Farmersburg. Its real estate prices are a little more expensive. The median home cost in Luana is $92,000, which works out to $22,000 (23%) higher than Farmersburg. The rent there is substantially more expensive. The median monthly rent in Luana is $825, which works out to $306 (37%) higher than Farmersburg.
Garnavillo
Garnavillo is roughly 8 miles southeast of Farmersburg. The housing prices there are somewhat more expensive. The median home in Garnavillo is valued at $89,700, which works out to $19,700 (21%) higher than Farmersburg. The rent there is somewhat more expensive. Garnavillo's median rent is $619 per month, which works out to $100 (16%) higher than Farmersburg.
