Cost of Living in Jasper County, Iowa

$822/mo
Median Monthly Rent
$176,800
Median Home Value

At a Glance

Median Monthly Rent
$822/mo
1% above state average
Median Home Value
$176,800
37% below national
Rent-to-Income Ratio
28.0%
% 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 Jasper County Compares

Median monthly rent comparison

Jasper County$822/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$822/mo
Median Gross Rent
$176,800
Median Home Value
$1,012/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Jasper County ranks #1,175 of 3,144 counties for affordability (top 37%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Jasper County, Iowa

Jasper renters match Iowa's affordability profile

Jasper County's rent-to-income ratio of 14.1% aligns perfectly with Iowa's state average, indicating typical affordability for the region. With median household income at $70,128—slightly below the national average of $74,755—residents manage rental costs in line with most American counties.

Right at Iowa's middle ground

Jasper County's 14.1% rent-to-income ratio places it directly at the state average, neither notably affordable nor burdensome compared to other Iowa counties. The $822 monthly rent sits just $10 above the state median, confirming Jasper's role as a barometer for statewide housing costs.

Jasper balances affordability with modest housing costs

At $822 monthly rent, Jasper sits between more affordable neighbors (Jones at $759) and higher-cost counties (Johnson at $1,104). The 14.1% ratio reflects a middle-market position—renters don't enjoy the lowest rents nearby, but costs remain reasonable relative to regional incomes.

Jasper's housing breakdown reveals balanced load

Renters dedicate $822 monthly (14.1% of income) while homeowners spend $1,012—both moderate for a median household income of $70,128. The modest gap between rent and ownership costs suggests that moving from renting to buying is financially feasible for many Jasper households.

Jasper offers Iowa's typical housing value

If you want a representative Iowa county experience, Jasper delivers average rents and ownership costs without surprises. Compare it to Jackson County (slightly cheaper rents and better ratios) or Jones County (the region's most affordable option) to find your housing sweet spot.

Cost of Living Advisory: Jasper County

Affordability Verdict

Jasper County offers affordable rental housing at a median of $822/month — about 14.1% of the typical household income here.

Rent vs. Own

The median rent in Jasper County is $822/month, while owner costs run $1,012/month. Renting saves approximately $190/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,880/year. For owner costs at the 28% rule, the required income is roughly $43,371/year. With a median household income of $70,128, most households can comfortably afford rent here. Notably, 28.0% of renter households in Jasper County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Jasper County sits 7% more expensive than Henry County ($770/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Jasper County

$

Rent Burden

14.1%

of gross income

Max Housing (28% Rule)

$1,636

per month

Owner Cost Burden

17.3%

of gross income

You can likely afford the median home in Jasper County

Median home value is $176,800. Estimated monthly cost: $1,411 vs. your max of $1,636.

Rent Affordability Guide

Your rent-to-income ratio14.1%
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: $70,128Needed: $32,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $70,128Needed: $43,371
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $70,128Needed: $41,146

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 Jasper County, Iowa?
Jasper County, Iowa has a median monthly rent of $822/mo and a median home value of $176,800. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Jasper County?
The median gross rent in Jasper County is $822/mo. This is 1% above state average for Iowa.
Is Jasper County affordable?
Jasper County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Jasper County's rent compare to the state average?
Jasper County's median rent of $822/mo is 1% above state average of $812/mo for Iowa.
What is the median home value in Jasper County?
The median home value in Jasper County, Iowa is $176,800. This is 37% 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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