Melrose, IA Housing Statistics

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66%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

48%

Owner Occ. NAT. AVG.

Melrose Housing Information

Index	Melrose	Iowa	National
Median home price	$110,557	$240,019	$326,622
Median rent asked	$0	$1,071	$1,444
Avg. people per household	2.1	2.4	2.6
Owner occupied households	93.9%	71.1%	63.6%
Renter occupied households	6.1%	28.9%	36.4%

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Homes For Sale In Melrose, IA

111 Kells Ave

Melrose, IA

5 Indian Ln

Melrose, IA

101 Tipperary St

Melrose, IA

10674 112th Ave

Melrose, IA

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Housing Quick Facts

The median home price in Melrose is 66% lower than the national average.
The median rent asked in Melrose is 100% lower than the national average.
The average number of people per household in Melrose is 20% lower than the national average.
The number of owner occupied households in Melrose is 48% higher than the national average.
The number of renter occupied households in Melrose is 83% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Millerton, IA	128	$0	100%
Marysville, IA	52	$0	100%
Russell, IA	685	$85,595	74%
Mystic, IA	323	$90,001	72%
Williamson, IA	192	$95,274	71%
Melrose, IA	185	$110,557	66%

Cities with similar population

	Population	Home Price	National Avg.
Mount Vernon, AR	185	$167,420	49%
Elida, NM	185	$88,732	73%
Rentz, GA	185	$109,176	67%
Coatsburg, IL	185	$142,087	56%
Lewisville, OH	185	$151,711	54%
Melrose, IA	185	$110,557	66%

Source: The Melrose, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.