Cost of Living in Lyon County, Iowa

$802/mo
Median Monthly Rent
$215,600
Median Home Value
1% below state averageUnaffordable

At a Glance

Median Monthly Rent
$802/mo
1% below state average
Median Home Value
$215,600
24% below national
Rent-to-Income Ratio
23.0%
% 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 Lyon County Compares

Median monthly rent comparison

Lyon County$802/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$802/mo
Median Gross Rent
$215,600
Median Home Value
$962/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Lyon County, Iowa

Lyon's Housing Costs Stay Reasonable

Lyon County renters dedicate 13.2% of their income to rent, below both the national average and Iowa's state average of 14.1%. With median income of $72,881 and median rent of $802, housing remains affordable while maintaining economic viability.

Well Above Average in Affordability

Lyon County's 13.2% rent-to-income ratio ranks among Iowa's more affordable counties, outperforming the state average by nearly a full percentage point. Renters here spend $802 monthly on rent—$10 less than the state average—creating real savings.

Competitive Pricing in the Region

Lyon's median rent of $802 sits right at the state average and is affordable compared to Linn County ($915) and Marion County ($880). However, Lyon carries notably higher home values at $215,600—the second-highest in the region after Madison County.

Balanced Housing-to-Income Ratio

Lyon County households earning $72,881 spend $802 on median rent (13.2% of income) or $962 on mortgages (16% of income). This leaves a reasonable cushion for other living expenses compared to counties where housing consumes over 14% of income.

Lyon: Affordable Rents, Strong Homes

Lyon County appeals to renters seeking below-average costs and potential homebuyers interested in valuable properties at $215k median value. The county balances rural character with economic stability, making it worth considering if you're relocating within Iowa.

Affordability Calculator

See how your income compares to housing costs in Lyon County

$

Rent Burden

13.2%

of gross income

Max Housing (28% Rule)

$1,701

per month

Owner Cost Burden

15.8%

of gross income

The median home in Lyon County may be a stretch

Median home value is $215,600. Estimated monthly cost: $1,721 vs. your max of $1,701.

Rent Affordability Guide

Your rent-to-income ratio13.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Lyon County, Iowa?
Lyon County, Iowa has a median monthly rent of $802/mo and a median home value of $215,600. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Lyon County?
The median gross rent in Lyon County is $802/mo. This is 1% below state average for Iowa.
Is Lyon County affordable?
Lyon County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Lyon County's rent compare to the state average?
Lyon County's median rent of $802/mo is 1% below state average of $812/mo for Iowa.
What is the median home value in Lyon County?
The median home value in Lyon County, Iowa is $215,600. This is 24% below the national median home value of $281,900.
Sponsored

Planning a Move?

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

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Lyon County

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

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.