Home prices
The cost of the median home in Iron Gate is $70,400. In comparison to its nearby areas it is roughly $64,800 (47%) lower.Compared to the country as a whole it is roughly $147,100 (67%) lower, and in comparison to the city of Roanoke is approximately $64,700 (47%) lower.
Rents
The median rent in Iron Gate is $838 per month. In comparison to the surrounding areas it is approximately $140 (20%) higher.Compared to the United States as a whole it is approximately $224 (21%) lower, and in comparison to the city of Roanoke it is roughly $24 (2%) higher.
Nearby places
Clifton Forge
Clifton Forge is about 2 miles northwest of Iron Gate. Its housing prices are a bit more expensive. The median home in Clifton Forge costs $78,800, which is $8,400 (10%) higher than Iron Gate. Its rents are a bit less expensive. Clifton Forge's median rent is $653 per month, which is $185 (28%) lower than Iron Gate.
Covington
Covington is roughly 9 miles west of Iron Gate. The housing prices there are pretty similar. The median home value in Covington is $72,900, which comes out to $2,500 (3%) higher than Iron Gate. Its rents are substantially less expensive. Covington's median monthly rent is $619, which is $219 (35%) lower than Iron Gate.
Lexington
Lexington is about 16 miles east from Iron Gate. Real estate prices there are significantly more expensive. The median home value in Lexington is $235,700, which comes out to $165,300 (70%) higher than Iron Gate. The rent there is a bit less expensive. Lexington's median monthly rent is $788, which works out to $50 (6%) lower than Iron Gate.
East Lexington
East Lexington is roughly 17 miles east from Iron Gate. The real estate prices there are a lot more expensive. East Lexington's median home cost is $188,600, which works out to $118,200 (62%) higher than Iron Gate. Rents there are a bit more expensive. East Lexington's median monthly rent is $888, which works out to $50 (5%) higher than Iron Gate.
Goshen
Goshen is about 18 miles northeast from Iron Gate. The housing prices there are a bit more expensive. Goshen's median home price is $100,000, which is $29,600 (29%) higher than Iron Gate. Rents there are a lot less expensive. Goshen's median monthly rent is $540, which comes out to $298 (55%) lower than Iron Gate.
