Cost of Living in Decatur County, Iowa

$663/mo
Median Monthly Rent
$109,500
Median Home Value

At a Glance

Median Monthly Rent
$663/mo
18% below state average
Median Home Value
$109,500
61% below national
Rent-to-Income Ratio
19.0%
% 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 Decatur County Compares

Median monthly rent comparison

Decatur County$663/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$663/mo
Median Gross Rent
$109,500
Median Home Value
$849/mo
Monthly Owner Cost
19.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Decatur County ranks #637 of 3,144 counties for affordability (top 20%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Decatur County, Iowa

Decatur's ultra-low rents mask income challenge

Decatur County's rent-to-income ratio of 13.9% rivals the national average of 14%, but the story beneath is sobering: median household income of just $57,146 is 24% below the national median of $74,755. At $663 monthly rent, Decatur offers the cheapest housing in this county group, yet residents earn considerably less to afford it.

Lowest incomes, lowest rents in Iowa

Decatur County's median rent of $663 is 18% below Iowa's state average of $812, but its median household income of $57,146 is the lowest in the state comparison. The county's 13.9% rent-to-income ratio performs slightly better than Iowa's 14.1% average, only because rents are so dramatically low.

Decatur leads on affordability, lags on wages

While Decatur's $663 rent is lowest among its peers, the median income of $57,146 trails Davis County ($79,505) by 28% and Delaware County ($76,205) by 25%. The county's affordability advantage is driven by economic conditions rather than genuine prosperity.

Stretched budgets in Decatur County

Renters spend 13.9% of their $57,146 income on $663 rent, while homeowners allocate 17.8% to $849 monthly costs for homes valued at $109,500. With limited local income, Decatur residents have little margin for unexpected expenses despite housing's low absolute cost.

Decatur offers bargain housing—with trade-offs

Moving to Decatur County means accessing the cheapest rents and homes in Iowa, but you'll be relocating to a county with the state's lowest median incomes. This destination suits only those with remote income or strong job prospects; for most, the low costs come with genuine economic constraints.

Cost of Living Advisory: Decatur County

Affordability Verdict

Housing in Decatur County is affordable. The median rent is $663/month against a median household income of $57,146, putting rent at 13.9% of income.

Rent vs. Own

At $663/month rent versus $849/month in owner costs, renting is roughly $186/month cheaper — a 22% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $26,520/year. For owner costs at the 28% rule, the required income is roughly $36,386/year. With a median household income of $57,146, most households can comfortably afford rent here. Notably, 19.0% of renter households in Decatur County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Allamakee County where rent averages $717/month, Decatur County is approximately 8% less expensive.

Affordability Calculator

See how your income compares to housing costs in Decatur County

$

Rent Burden

13.9%

of gross income

Max Housing (28% Rule)

$1,333

per month

Owner Cost Burden

17.8%

of gross income

You can likely afford the median home in Decatur County

Median home value is $109,500. Estimated monthly cost: $874 vs. your max of $1,333.

Rent Affordability Guide

Your rent-to-income ratio13.9%
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: $57,146Needed: $26,520
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,146Needed: $36,386
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,146Needed: $25,484

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 Decatur County, Iowa?
Decatur County, Iowa has a median monthly rent of $663/mo and a median home value of $109,500. The affordability rating is Unaffordable, with rent making up approximately 19.0% of median household income.
What is the median rent in Decatur County?
The median gross rent in Decatur County is $663/mo. This is 18% below state average for Iowa.
Is Decatur County affordable?
Decatur County is rated Unaffordable based on rent-to-income ratio of 19.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Decatur County's rent compare to the state average?
Decatur County's median rent of $663/mo is 18% below state average of $812/mo for Iowa.
What is the median home value in Decatur County?
The median home value in Decatur County, Iowa is $109,500. This is 61% 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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