Similar to the surrounding areas, it is a lot less expensive compared to the rest of the nation. It is a lot less expensive compared to the city of Des Moines.
Home prices
The cost of the median home in Otho is $73,500. Compared to the surrounding areas it is about $2,720 (3%) higher.Compared to the rest of the nation it is about $144,000 (66%) lower, and compared to the city of Des Moines is approximately $59,700 (44%) lower.
Rents
Otho's median monthly rent is $541. This is roughly $38 (7%) higher in comparison to nearby areas.Compared to the entire country it is about $521 (49%) lower, and in comparison to the city of Des Moines it is approximately $314 (36%) lower.
Nearby places
Fort Dodge
Fort Dodge is about 5 miles north of Otho. Its housing prices are somewhat more expensive. The median home in Fort Dodge costs $93,600, which is $20,100 (21%) higher than Otho. Rent there is a little more expensive. In Fort Dodge the median monthly rent is $652, which is $111 (17%) higher than Otho.
Lehigh
Lehigh is approximately 5 miles southeast from Otho. The real estate prices there are a bit less expensive. The median home in Lehigh is valued at $65,600, which comes out to $7,900 (12%) lower than Otho. Its rents are a bit less expensive. The median rent in Lehigh is $433 a month, which works out to $108 (24%) lower than Otho.
Moorland
Moorland is approximately 6 miles west of Otho. The housing prices there are significantly less expensive. The median home in Moorland is valued at $46,800, which is $26,700 (57%) lower than Otho. Its rents are fairly similar. In Moorland the median rent is $563 a month, which is $22 (3%) higher than Otho.
Duncombe
Duncombe is approximately 7 miles northeast of Otho. The real estate prices there are somewhat less expensive. The value of the median home in Duncombe is $69,100, which works out to $4,400 (6%) lower than Otho. Its rents are somewhat less expensive. In Duncombe the median rent is $480 per month, which works out to $61 (12%) lower than Otho.
Callender
Callender is approximately 7 miles southwest of Otho. The real estate prices there are a bit more expensive. The value of the median home in Callender is $78,800, which is $5,300 (6%) higher than Otho. Its rents are a lot less expensive. In Callender the median monthly rent is $386, which is $155 (40%) lower than Otho.
