Home prices
St. Olaf's median home value is $71,700. Compared to its nearby areas this is roughly $16,240 (18%) lower.In comparison to the nation as a whole it is about $145,800 (67%) lower, and it is roughly $70,100 (49%) lower compared to the city of Cedar Rapids.
Rents
The median monthly rent in St. Olaf is $538. In comparison to the surrounding areas this is roughly $156 (22%) lower.It is approximately $524 (49%) lower compared to the country as a whole, and it is roughly $229 (29%) lower compared to the city of Cedar Rapids.
Nearby places
Farmersburg
Farmersburg is about 2 miles northeast of St. Olaf. Its housing prices are fairly similar. The median home in Farmersburg costs $70,000, which is $1,700 (2%) lower than St. Olaf. Its rents are pretty similar. The median rent in Farmersburg is $519 a month, which comes out to $19 (3%) lower than St. Olaf.
Elkader
Elkader is about 4 miles south of St. Olaf. Its real estate prices are a bit more expensive. The cost of the median home in Elkader is $89,400, which works out to $17,700 (19%) higher than St. Olaf. Rent there is a little more expensive. The median rent in Elkader is $677 a month, which is $139 (20%) higher than St. Olaf.
Garnavillo
Garnavillo is approximately 7 miles southeast of St. Olaf. Real estate prices there are a little more expensive. The median home price in Garnavillo is $89,700, which works out to $18,000 (20%) higher than St. Olaf. The rent there is a bit more expensive. Garnavillo's median monthly rent is $619, which works out to $81 (13%) higher than St. Olaf.
Monona
Monona is about 8 miles north of St. Olaf. Housing prices there are a bit more expensive. The median home in Monona costs $98,600, which works out to $26,900 (27%) higher than St. Olaf. The rent there is significantly more expensive. In Monona the median monthly rent is $830, which is $292 (35%) higher than St. Olaf.
Luana
Luana is approximately 9 miles north of St. Olaf. The housing prices there are a little more expensive. Luana's median home cost is $92,000, which comes out to $20,300 (22%) higher than St. Olaf. Rent there is substantially more expensive. The median rent in Luana is $825 per month, which comes out to $287 (34%) higher than St. Olaf.
