Similar to its nearby areas, it is a little less expensive compared to the entire nation. However compared to the city of Des Moines, it is somewhat more expensive.
Home prices
The median home in Slater is valued at $164,300. It is approximately $6,840 (3%) lower in comparison to other places in this area.It is about $53,200 (24%) lower in comparison to the rest of the country, and it is approximately $31,100 (23%) higher compared to the city of Des Moines.
Rents
In Slater the median monthly rent is $744. Compared to other places in this area this is approximately $308 (29%) lower.Compared to the nation as a whole it is about $318 (29%) lower, and in comparison to the city of Des Moines is roughly $111 (12%) lower.
Nearby places
Sheldahl
Sheldahl is Slater's neighbor to the south. The real estate prices there are significantly less expensive. The median home in Sheldahl costs $120,500, which comes out to $43,800 (36%) lower than Slater. Its rents are a bit more expensive. Sheldahl's median monthly rent is $1,018, which is $274 (26%) higher than Slater.
Huxley
Huxley is roughly 4 miles east from Slater. The housing prices there are a little more expensive. The median home in Huxley is valued at $197,700, which works out to $33,400 (16%) higher than Slater. The rent there is fairly similar. Huxley's median monthly rent is $771, which is $27 (3%) higher than Slater.
Kelley
Kelley is about 4 miles north from Slater. The housing prices there are somewhat less expensive. The median home value in Kelley is $152,800, which comes out to $11,500 (7%) lower than Slater. Rent there is a lot more expensive. The median rent in Kelley is $1,563 per month, which works out to $819 (52%) higher than Slater.
Madrid
Madrid is roughly 5 miles west of Slater. Housing prices there are a bit less expensive. Madrid's median home value is $135,700, which works out to $28,600 (21%) lower than Slater. Rents there are pretty similar. Madrid's median monthly rent is $756, which comes out to $12 (1%) higher than Slater.
Polk City
Polk City is approximately 6 miles south from Slater. Its real estate prices are significantly more expensive. The median home in Polk City is valued at $249,000, which comes out to $84,700 (34%) higher than Slater. Rent there is significantly more expensive. In Polk City the median monthly rent is $1,152, which comes out to $408 (35%) higher than Slater.
