Cost of Living in Lucas County, Iowa

$738/mo
Median Monthly Rent
$117,000
Median Home Value

At a Glance

Median Monthly Rent
$738/mo
9% below state average
Median Home Value
$117,000
58% 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 Lucas County Compares

Median monthly rent comparison

Lucas County$738/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$738/mo
Median Gross Rent
$117,000
Median Home Value
$857/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Lucas County ranks #995 of 3,144 counties for affordability (top 32%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Lucas County, Iowa

Lucas County: Budget-Friendly Rents

Lucas County residents enjoy a 13.0% rent-to-income ratio, sitting comfortably below the national benchmark and Iowa's state average of 14.1%. With median rent of just $738 and median income of $67,921, housing remains accessible despite slightly lower earnings.

Second-Best Affordability in Iowa

Lucas County's 13.0% rent-to-income ratio ranks second-best in Iowa, beaten only by Louisa County. At $738 monthly rent—$74 below the state average—Lucas offers genuine relief for renters watching their housing costs.

Cheapest Rent in the Region

Lucas County's $738 median rent is the lowest among the eight-county sample, substantially below Louisa ($797) and nearly $100 cheaper than Linn County. This affordability advantage persists despite Lucas having the third-lowest median income at $67,921.

Minimal Housing Burden

Lucas households earning $67,921 pay median rent of $738—just 13.0% of gross income, the best-balanced relationship in the region. Owner costs of $857 monthly run about 15% of income, leaving room for other essentials.

Lucas Delivers Maximum Affordability

If your priority is low rent in a rural setting, Lucas County is Iowa's answer with the region's cheapest housing. The tradeoff: median income is slightly lower than neighboring counties, so weigh job prospects carefully before relocating.

Cost of Living Advisory: Lucas County

Affordability Verdict

Lucas County is affordable for renters, with a median gross rent of $738/month representing approximately 13.0% of median household income. The rent burden (GRAPI) stands at 26.0%.

Rent vs. Own

The median rent in Lucas County is $738/month, while owner costs run $857/month. Renting saves approximately $119/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,520/year. For owner costs at the 28% rule, the required income is roughly $36,729/year. With a median household income of $67,921, most households can comfortably afford rent here. Notably, 26.0% of renter households in Lucas County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Van Buren County where rent averages $686/month, Lucas County is approximately 8% more expensive.

Affordability Calculator

See how your income compares to housing costs in Lucas County

$

Rent Burden

13.0%

of gross income

Max Housing (28% Rule)

$1,585

per month

Owner Cost Burden

15.1%

of gross income

You can likely afford the median home in Lucas County

Median home value is $117,000. Estimated monthly cost: $934 vs. your max of $1,585.

Rent Affordability Guide

Your rent-to-income ratio13.0%
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: $67,921Needed: $29,520
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,921Needed: $36,729
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,921Needed: $27,229

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 Lucas County, Iowa?
Lucas County, Iowa has a median monthly rent of $738/mo and a median home value of $117,000. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Lucas County?
The median gross rent in Lucas County is $738/mo. This is 9% below state average for Iowa.
Is Lucas County affordable?
Lucas 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 Lucas County's rent compare to the state average?
Lucas County's median rent of $738/mo is 9% below state average of $812/mo for Iowa.
What is the median home value in Lucas County?
The median home value in Lucas County, Iowa is $117,000. This is 58% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Lucas County, Iowa? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Lucas County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.