Similar to its surrounding areas, it's substantially less expensive compared to the rest of the country. It's significantly less expensive compared to the city of Ames.
Home prices
Mason City's median home cost is $114,900. This is roughly $3,820 (3%) higher in comparison to nearby areas.Compared to the entire nation it is roughly $102,600 (47%) lower, and compared to the city of Ames it is roughly $91,000 (44%) lower.
Rents
In Mason City the median monthly rent is $723. It is about $81 (12%) higher compared to other places in this area.Compared to the rest of the country it is roughly $339 (31%) lower, and it is approximately $207 (22%) lower in comparison to the city of Ames.
Nearby places
Rock Falls
Rock Falls is roughly 6 miles northeast from Mason City. The housing prices there are somewhat more expensive. The median home in Rock Falls is valued at $137,500, which works out to $22,600 (16%) higher than Mason City. Rent there is a little less expensive. In Rock Falls the median monthly rent is $595, which works out to $128 (21%) lower than Mason City.
Plymouth
Plymouth is about 7 miles northeast of Mason City. The real estate prices there are significantly less expensive. The median home in Plymouth costs $82,500, which is $32,400 (39%) lower than Mason City. The rent there is somewhat less expensive. Plymouth's median rent is $685 per month, which is $38 (5%) lower than Mason City.
Clear Lake
Clear Lake is roughly 7 miles west of Mason City. The housing prices there are a bit more expensive. Clear Lake's median home cost is $156,000, which is $41,100 (26%) higher than Mason City. Rent there is a bit less expensive. Clear Lake's median monthly rent is $623, which is $100 (16%) lower than Mason City.
Nora Springs
Nora Springs is roughly 8 miles east from Mason City. The housing prices there are a bit less expensive. The median home in Nora Springs costs $95,400, which comes out to $19,500 (20%) lower than Mason City. The rent there is pretty similar. The median monthly rent in Nora Springs is $760, which comes out to $37 (4%) higher than Mason City.
Manly
Manly is approximately 9 miles north of Mason City. Housing prices there are substantially less expensive. Manly's median home value is $84,000, which is $30,900 (36%) lower than Mason City. Rents there are significantly less expensive. In Manly the median rent is $547 per month, which comes out to $176 (32%) lower than Mason City.