Home prices
Iron Belt's median home value is $48,600. This is roughly $12,260 (20%) lower compared to its nearby areas.It is approximately $168,900 (77%) lower compared to the United States as a whole, and it is about $36,700 (43%) lower compared to the city of Merrill.
Rents
In Iron Belt the median rent is $475 a month. It is roughly $26 (5%) lower compared to the surrounding areas.In comparison to the country as a whole it is about $587 (55%) lower, and compared to the city of Merrill it is roughly $162 (25%) lower.
Nearby places
Montreal
Montreal is approximately 3 miles northeast from Iron Belt. Its housing prices are substantially more expensive. The median home price in Montreal is $77,000, which works out to $28,400 (36%) higher than Iron Belt. The rent there is somewhat more expensive. The median monthly rent in Montreal is $555, which works out to $80 (14%) higher than Iron Belt.
Hurley
Hurley is about 5 miles northeast of Iron Belt. The housing prices there are somewhat more expensive. The value of the median home in Hurley is $60,100, which comes out to $11,500 (19%) higher than Iron Belt. Rents there are a little more expensive. In Hurley the median rent is $520 per month, which works out to $45 (8%) higher than Iron Belt.
Ironwood
Ironwood is approximately 7 miles northeast from Iron Belt. Real estate prices there are similar. Ironwood's median home cost is $47,000, which is $1,600 (3%) lower than Iron Belt. The rent there is a little more expensive. Ironwood's median monthly rent is $510, which is $35 (6%) higher than Iron Belt.
Bessemer
Bessemer is roughly 11 miles northeast of Iron Belt. The real estate prices there are somewhat more expensive. The cost of the median home in Bessemer is $55,900, which comes out to $7,300 (13%) higher than Iron Belt. Rents there are a little less expensive. In Bessemer the median monthly rent is $395, which works out to $80 (20%) lower than Iron Belt.
Mellen
Mellen is roughly 14 miles west from Iron Belt. The housing prices there are a little more expensive. The median home in Mellen is valued at $64,300, which is $15,700 (24%) higher than Iron Belt. Rents there are a bit more expensive. Mellen's median rent is $523 a month, which comes out to $48 (9%) higher than Iron Belt.
