Home prices
The median home value in Independence is $133,100. It is approximately $25,120 (23%) higher in comparison to other places in this area.It is approximately $84,400 (38%) lower in comparison to the rest of the country, and it is about $8,700 (6%) lower compared to the city of Cedar Rapids.
Rents
The median rent in Independence is $746 a month. This is approximately $140 (23%) higher compared to its surrounding areas.It is approximately $316 (29%) lower compared to the country as a whole, and in comparison to the city of Cedar Rapids it is roughly $21 (2%) lower.
Nearby places
Rowley
Rowley is approximately 6 miles southeast of Independence. Its housing prices are somewhat less expensive. The value of the median home in Rowley is $102,400, which is $30,700 (29%) lower than Independence. Rents there are significantly less expensive. The median rent in Rowley is $525 per month, which is $221 (42%) lower than Independence.
Jesup
Jesup is about 7 miles west from Independence. The housing prices there are somewhat more expensive. The median home in Jesup costs $156,600, which works out to $23,500 (15%) higher than Independence. The rent there is somewhat less expensive. Jesup's median rent is $595 per month, which works out to $151 (25%) lower than Independence.
Winthrop
Winthrop is about 7 miles east of Independence. Its real estate prices are a bit less expensive. The median home value in Winthrop is $103,700, which comes out to $29,400 (28%) lower than Independence. The rent there is somewhat less expensive. Winthrop's median rent is $700 per month, which works out to $46 (6%) lower than Independence.
Quasqueton
Quasqueton is approximately 7 miles southeast of Independence. Real estate prices there are significantly less expensive. Quasqueton's median home value is $95,200, which comes out to $37,900 (39%) lower than Independence. Rents there are a bit less expensive. The median monthly rent in Quasqueton is $645, which comes out to $101 (15%) lower than Independence.
Hazleton
Hazleton is approximately 10 miles north from Independence. Its housing prices are a lot less expensive. The cost of the median home in Hazleton is $82,000, which is $51,100 (62%) lower than Independence. The rent there is somewhat less expensive. In Hazleton the median rent is $567 a month, which works out to $179 (31%) lower than Independence.
