Cost of Living in Clayton County, Iowa

$764/mo
Median Monthly Rent
$155,700
Median Home Value

At a Glance

Median Monthly Rent
$764/mo
6% below state average
Median Home Value
$155,700
45% below national
Rent-to-Income Ratio
26.0%
% 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 Clayton County Compares

Median monthly rent comparison

Clayton County$764/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$764/mo
Median Gross Rent
$155,700
Median Home Value
$826/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Clayton County ranks #600 of 3,144 counties for affordability (top 19%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Clayton County, Iowa

Clayton County housing strains lower-income earners

Clayton County's rent-to-income ratio of 14.7% sits above Iowa's state average of 14.1%, and median household income of $62,326 ranks lowest in this eight-county group. Housing consumes a disproportionately large share of already-tight household budgets here.

Below-average affordability, below-average wages

Clayton's 14.7% rent-to-income ratio exceeds Iowa's state average of 14.1%, and its median household income of $62,326 is among the state's lowest. This combination creates particular affordability pressure for renters and those seeking homeownership.

Moderate rents, lowest wages in region

Clayton's $764 rent is mid-range regionally, but its median household income of $62,326 is the lowest among these eight counties. This wage disadvantage makes any given rent level feel more burdensome, even when absolute prices are reasonable.

Housing absorbs nearly 15% of income

Clayton renters pay $764 monthly while homeowners spend $826, consuming 14.7% and 15.9% of median income respectively. With median home values of $155,700 and the region's lowest wages, ownership is particularly challenging for typical households.

Clayton County: affordable if you earn well

Relocating to Clayton County makes sense primarily if you're securing employment with above-county-median wages—housing costs are manageable only when income significantly exceeds the local $62,326 average. Compare against Cherokee or Crawford if staying within the region and prioritizing affordability.

Cost of Living Advisory: Clayton County

Affordability Verdict

Clayton County offers affordable rental housing at a median of $764/month — about 14.7% of the typical household income here.

Rent vs. Own

Renters in Clayton County pay $764/month on average, compared to $826/month for homeowners. This market favors renters by about 8%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,560/year. For owner costs at the 28% rule, the required income is roughly $35,400/year. With a median household income of $62,326, most households can comfortably afford rent here. Notably, 26.0% of renter households in Clayton County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Clayton County sits 6% less expensive than Benton County ($815/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Clayton County

$

Rent Burden

14.7%

of gross income

Max Housing (28% Rule)

$1,454

per month

Owner Cost Burden

15.9%

of gross income

You can likely afford the median home in Clayton County

Median home value is $155,700. Estimated monthly cost: $1,243 vs. your max of $1,454.

Rent Affordability Guide

Your rent-to-income ratio14.7%
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: $62,326Needed: $30,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,326Needed: $35,400
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,326Needed: $36,236

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 Clayton County, Iowa?
Clayton County, Iowa has a median monthly rent of $764/mo and a median home value of $155,700. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Clayton County?
The median gross rent in Clayton County is $764/mo. This is 6% below state average for Iowa.
Is Clayton County affordable?
Clayton County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Clayton County's rent compare to the state average?
Clayton County's median rent of $764/mo is 6% below state average of $812/mo for Iowa.
What is the median home value in Clayton County?
The median home value in Clayton County, Iowa is $155,700. This is 45% 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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