Cost of Living in Keokuk County, Iowa

$822/mo
Median Monthly Rent
$112,200
Median Home Value
1% above state averageUnaffordable

At a Glance

Median Monthly Rent
$822/mo
1% above state average
Median Home Value
$112,200
60% 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 Keokuk County Compares

Median monthly rent comparison

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

Detailed Housing Stats

$822/mo
Median Gross Rent
$112,200
Median Home Value
$834/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Keokuk County, Iowa

Keokuk renters face affordability challenges

Keokuk County's rent-to-income ratio of 16.2% exceeds national comfort zones and sits 3.5 percentage points above the national average. With median household income of $60,856—notably below the national average of $74,755—renters struggle to balance housing costs with other expenses despite access to lower absolute rents.

Keokuk strains above Iowa's state average

At 16.2%, Keokuk's rent-to-income ratio exceeds Iowa's 14.1% state average, placing it among the state's less affordable counties despite rents near the state median. The combination of below-average incomes and typical rents creates a tighter housing affordability picture than most Iowa peers.

Keokuk's affordability ranks mid-range regionally

Keokuk's 16.2% ratio falls between more affordable Jones (12.5%), Jackson (13.4%), and Jasper (14.1%), but significantly better than Jefferson (18.6%) or Johnson (17.7%). The $822 monthly rent is modest, but lower household incomes push the affordability burden higher than counties with similar rents.

Keokuk's low home values help ownership

Renters spend $822 monthly (16.2% of $60,856 income), creating budget strain, but prospective homeowners find relief in the lowest median home value in this comparison at $112,200. Monthly owner costs of $834 suggest that purchasing could be more manageable than renting for qualified Keokuk households.

Keokuk works for homebuyers with local jobs

Keokuk's ultra-affordable home values ($112,200) and reasonable ownership costs ($834/month) make it attractive for buyers seeking low-cost homeownership. But if you're relocating to rent, prioritize Jones, Jackson, or Kossuth counties with better rent-to-income ratios—or ensure your incoming job income aligns with Keokuk's local wage levels.

Affordability Calculator

See how your income compares to housing costs in Keokuk County

$

Rent Burden

16.2%

of gross income

Max Housing (28% Rule)

$1,420

per month

Owner Cost Burden

16.4%

of gross income

You can likely afford the median home in Keokuk County

Median home value is $112,200. Estimated monthly cost: $896 vs. your max of $1,420.

Rent Affordability Guide

Your rent-to-income ratio16.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Keokuk County, Iowa?
Keokuk County, Iowa has a median monthly rent of $822/mo and a median home value of $112,200. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Keokuk County?
The median gross rent in Keokuk County is $822/mo. This is 1% above state average for Iowa.
Is Keokuk County affordable?
Keokuk 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 Keokuk County's rent compare to the state average?
Keokuk County's median rent of $822/mo is 1% above state average of $812/mo for Iowa.
What is the median home value in Keokuk County?
The median home value in Keokuk County, Iowa is $112,200. This is 60% 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.