CostBy County

Cost of Living in Calhoun County, Iowa

$723/mo
Median Monthly Rent
$118,800
Median Home Value

At a Glance

Median Monthly Rent
$723/mo
13% below state average
Median Home Value
$118,800
64% below national
Census GRAPI
20.4%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Calhoun County Compares

Median monthly rent comparison

Calhoun County$723/mo
Iowa Average$832/mo
National Median$1,413/mo

Detailed Housing Stats

$723/mo
Median Gross Rent
$118,800
Median Home Value
$690/mo
Monthly Owner Cost
20.4%
Census GRAPI

National Ranking

Affordability Rank

Calhoun County ranks #572 of 3,142 counties for affordability (top 18%)

Most AffordableLeast Affordable

Sourced county brief

Official GRAPI in Calhoun County Measured at 20.4 Percent

In Calhoun County, Iowa, the official median gross rent as a percentage of household income (GRAPI) is 20.4%. This figure, reported in ACS table B25071, is 5.0 percentage points lower than the Iowa unweighted county mean of 25.4%. The median gross rent for the county was estimated at $723 per month, which is below the state unweighted county mean of $832. For renter-occupied units, the median household income is $43,333. Homeowners in Calhoun County face a median selected monthly owner cost of $690, compared to the state unweighted county mean of $950. The median home value in the county was estimated at $118,800, which is $52,237 below the Iowa unweighted county mean of $171,037. These data points provide a static observation of the county's housing economy for the 2020-2024 period. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Calhoun County

Affordability Verdict

ACS B25071 estimates median gross rent at 20.4% of renter household income in Calhoun County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $723 per month; median selected monthly owner costs are $690. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $28,920 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Iowa unweighted mean of county median rents is $832 per month. Calhoun County's $723 median is 13.1% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Calhoun County

$

Rent Burden

13.4%

of gross income

Max Housing (28% Rule)

$1,516

per month

Owner Cost Burden

12.7%

of gross income

You can likely afford the median home in Calhoun County

Median home value is $118,800. Estimated monthly cost: $948 vs. your max of $1,516.

Rent Affordability Guide

Your entered rent as a share of entered income13.4%
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: $64,964Needed: $28,920
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,964Needed: $29,571
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,964Needed: $27,648

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 Calhoun County, Iowa?
Calhoun County, Iowa has a median monthly rent of $723/mo and a median home value of $118,800. The affordability rating is Affordable, with median gross rent equal to approximately 20.4% of renter household income.
What is the median rent in Calhoun County?
The median gross rent in Calhoun County is $723/mo. This is 13% below state average for Iowa.
Is Calhoun County affordable?
Calhoun County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 20.4%. Median gross rent is under 30% of renter household income.
How does Calhoun County's rent compare to the state average?
Calhoun County's median rent of $723/mo is 13% below state average of $832/mo for Iowa.
What is the median home value in Calhoun County?
The median home value in Calhoun County, Iowa is $118,800. This is 64% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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