Cost of Living in Buchanan County, Iowa

$802/mo
Median Monthly Rent
$171,400
Median Home Value
1% below state averageUnaffordable

At a Glance

Median Monthly Rent
$802/mo
1% below state average
Median Home Value
$171,400
39% below national
Rent-to-Income Ratio
25.0%
% 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 Buchanan County Compares

Median monthly rent comparison

Buchanan County$802/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$802/mo
Median Gross Rent
$171,400
Median Home Value
$905/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Buchanan County, Iowa

Buchanan rents punch above national weight

With a 12.3% rent-to-income ratio, Buchanan County keeps housing costs lean compared to the national average, outperforming Iowa's overall 14.1% by a full percentage point. This northeast Iowa county offers renters genuine affordability without sacrificing income stability.

Buchanan ranks among Iowa's best

Buchanan County's 12.3% rent-to-income ratio positions it in the top tier of Iowa affordability, where housing takes a smaller bite of household earnings than the state norm. The county's $78,430 median income keeps pace with peer counties across the region.

Gateway to affordable northeast Iowa

Buchanan's $802 monthly rent sits between Cedar County's pricier $860 and Bremer's $844, offering the lowest rent in its immediate cluster while maintaining solid income. It's the budget-friendly option without dropping into the lower-income tier of surrounding counties.

Rent and ownership are balanced here

Renters pay $802 monthly while owner costs hit $905, with a median home value of $171,400—all backed by a $78,430 household income that gives residents breathing room. At 12.3% of income, rent represents one of the state's more manageable housing burdens.

Buchanan delivers real value for movers

Relocating Iowans will find Buchanan County's combination hard to beat: the lowest rents in its region ($802), solid median income ($78,430), and a 12.3% rent-to-income ratio that beats the state average. It's where affordability meets small-town stability.

Affordability Calculator

See how your income compares to housing costs in Buchanan County

$

Rent Burden

12.3%

of gross income

Max Housing (28% Rule)

$1,830

per month

Owner Cost Burden

13.8%

of gross income

You can likely afford the median home in Buchanan County

Median home value is $171,400. Estimated monthly cost: $1,368 vs. your max of $1,830.

Rent Affordability Guide

Your rent-to-income ratio12.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Buchanan County, Iowa?
Buchanan County, Iowa has a median monthly rent of $802/mo and a median home value of $171,400. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Buchanan County?
The median gross rent in Buchanan County is $802/mo. This is 1% below state average for Iowa.
Is Buchanan County affordable?
Buchanan County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Buchanan County's rent compare to the state average?
Buchanan County's median rent of $802/mo is 1% below state average of $812/mo for Iowa.
What is the median home value in Buchanan County?
The median home value in Buchanan County, Iowa is $171,400. This is 39% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.