Cost of Living in Black Hawk County, Iowa

$962/mo
Median Monthly Rent
$182,400
Median Home Value

At a Glance

Median Monthly Rent
$962/mo
18% above state average
Median Home Value
$182,400
35% below national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Black Hawk County Compares

Median monthly rent comparison

Black Hawk County$962/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$962/mo
Median Gross Rent
$182,400
Median Home Value
$1,043/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Black Hawk County ranks #2,487 of 3,144 counties for affordability (bottom 21%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Black Hawk County, Iowa

Black Hawk renters feel the squeeze

Black Hawk County renters spend 17.9% of income on housing, substantially above Iowa's 14.1% average and creeping toward concern levels. With median income at $64,581—below the national average of $74,755—renters face measurable affordability strain.

Iowa's more expensive rental market

Black Hawk County's 17.9% rent-to-income ratio ranks among Iowa's less affordable counties. The $962 median rent is the highest in this eight-county cluster, reflecting the county's urban character and competitive housing market.

Black Hawk's urban premium visible

Black Hawk County's $962 rent significantly exceeds all rural peers—$232 above Adair's $730 and even $53 above Adams's $909. The county's median home value of $182,400 suggests stronger property demand, but rents spike accordingly for tenants.

Urban costs meet modest incomes

Black Hawk renters earning $64,581 spend $962 monthly on housing (17.9% of income) while homeowners commit $1,043. Both figures consume substantial income shares, leaving less for savings or unexpected expenses.

Black Hawk: quality of life, not deals

Black Hawk County (home to Waterloo and Cedar Falls) offers urban amenities and job diversity that justify higher rents—but affordability-conscious renters should compare rural alternatives. If you value walkability and services over savings, Black Hawk's competitive market may be worth it.

Cost of Living Advisory: Black Hawk County

Affordability Verdict

For renters in Black Hawk County, the market is affordable. Expect to pay around $962/month in gross rent, with 29.0% of renter households considered cost-burdened.

Rent vs. Own

At $962/month rent versus $1,043/month in owner costs, renting is roughly $81/month cheaper — a 8% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $38,480/year. For owner costs at the 28% rule, the required income is roughly $44,700/year. With a median household income of $64,581, most households can comfortably afford rent here. Notably, 29.0% of renter households in Black Hawk County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Adams County where rent averages $909/month, Black Hawk County is approximately 6% more expensive.

Affordability Calculator

See how your income compares to housing costs in Black Hawk County

$

Rent Burden

17.9%

of gross income

Max Housing (28% Rule)

$1,507

per month

Owner Cost Burden

19.4%

of gross income

You can likely afford the median home in Black Hawk County

Median home value is $182,400. Estimated monthly cost: $1,456 vs. your max of $1,507.

Rent Affordability Guide

Your rent-to-income ratio17.9%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,581Needed: $38,480
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,581Needed: $44,700
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,581Needed: $42,449

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Black Hawk County, Iowa?
Black Hawk County, Iowa has a median monthly rent of $962/mo and a median home value of $182,400. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Black Hawk County?
The median gross rent in Black Hawk County is $962/mo. This is 18% above state average for Iowa.
Is Black Hawk County affordable?
Black Hawk County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Black Hawk County's rent compare to the state average?
Black Hawk County's median rent of $962/mo is 18% above state average of $812/mo for Iowa.
What is the median home value in Black Hawk County?
The median home value in Black Hawk County, Iowa is $182,400. This is 35% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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