Housing & Real Estate — Ely, Iowa

Overview

Total Housing Units801
Occupied790
Vacant11
Owner-Occupied647
Renter-Occupied143
Median Home Value (Census)$311,900
Estimated 2026~$341,000
Median Rent$1,014/mo
Median Property Tax$4,623/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income11.5%
Severely Rent-Burdened18.7%

Housing Age

Built 2010 or later253
Built 2000-2009171
Built 1990-1999166
Built before 1960141
Median Year Built1997
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.