Home prices
The median home in Morning Sun is valued at $74,900. In comparison to its nearby areas it is approximately $20,980 (21%) lower.It is about $142,600 (65%) lower in comparison to the entire country, and is about $66,900 (47%) lower compared to the city of Cedar Rapids.
Rents
The median monthly rent in Morning Sun is $650. In comparison to the surrounding areas this is about $33 (4%) lower.It is about $412 (38%) lower in comparison to the entire country, and it is approximately $117 (15%) lower in comparison to the city of Cedar Rapids.
Nearby places
Wapello
Wapello is roughly 6 miles northeast from Morning Sun. Real estate prices there are significantly more expensive. The median home value in Wapello is $113,500, which works out to $38,600 (34%) higher than Morning Sun. Rents there are a bit less expensive. Wapello's median rent is $618 per month, which works out to $32 (5%) lower than Morning Sun.
Mount Union
Mount Union is approximately 6 miles west from Morning Sun. Its housing prices are similar. The median home price in Mount Union is $72,800, which comes out to $2,100 (2%) lower than Morning Sun. Its rents are somewhat more expensive. In Mount Union the median monthly rent is $875, which works out to $225 (25%) higher than Morning Sun.
Mediapolis
Mediapolis is about 6 miles southeast from Morning Sun. The real estate prices there are a lot more expensive. The median home in Mediapolis is valued at $118,800, which works out to $43,900 (36%) higher than Morning Sun. Rent there is somewhat less expensive. In Mediapolis the median monthly rent is $602, which works out to $48 (7%) lower than Morning Sun.
Winfield
Winfield is about 8 miles west from Morning Sun. Real estate prices there are somewhat more expensive. Winfield's median home price is $93,000, which works out to $18,100 (19%) higher than Morning Sun. Rents there are fairly similar. The median monthly rent in Winfield is $639, which is $11 (1%) lower than Morning Sun.
Oakville
Oakville is roughly 9 miles east of Morning Sun. Its housing prices are a little more expensive. Oakville's median home price is $81,300, which works out to $6,400 (7%) higher than Morning Sun. Its rents are fairly similar. The median rent in Oakville is $680 a month, which is $30 (4%) higher than Morning Sun.