Cost of Living in Osceola County, Iowa

$796/mo
Median Monthly Rent
$123,800
Median Home Value
2% below state averageUnaffordable

At a Glance

Median Monthly Rent
$796/mo
2% below state average
Median Home Value
$123,800
56% below national
Rent-to-Income Ratio
29.0%
% 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 Osceola County Compares

Median monthly rent comparison

Osceola County$796/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$796/mo
Median Gross Rent
$123,800
Median Home Value
$749/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Osceola County, Iowa

Osceola County stays near national norms

Osceola County renters spend 13.8% of income on housing, just shy of the national affordability sweet spot and well below stress thresholds. With a median household income of $69,138—just slightly below the national average of $74,755—residents maintain comfortable financial headroom for housing expenses.

Competitive with Iowa's state average

Osceola County's rent-to-income ratio of 13.8% sits just below Iowa's state average of 14.1%, ranking it among the state's more livable counties. Renters pay $796 monthly, nearly identical to the state median of $812, making it a representative option across Iowa's housing landscape.

Upper tier of the eight-county region

Osceola County renters spend 13.8% of income on $796 rent, placing it in the region's better-affordability group alongside Mills County (12.1%) and Mitchell County (12.9%). Only O'Brien County (13.6%) matches Osceola's affordability, making both reliable options for cost-conscious households.

Ownership costs notably lower here

Osceola County renters dedicate 13.8% of their $69,138 income to $796 monthly rent, while homebuyers pay just $749 on properties worth $123,800. The $47 monthly savings on ownership make it a compelling alternative for those able to secure mortgage financing.

Strong county for budget-conscious homebuyers

Osceola County stands out for its affordability advantage in homeownership: monthly costs undercut rents while homes remain modestly priced at $123,800. If you're relocating to Iowa and can qualify for a mortgage, Osceola delivers superior long-term housing affordability compared to renting.

Affordability Calculator

See how your income compares to housing costs in Osceola County

$

Rent Burden

13.8%

of gross income

Max Housing (28% Rule)

$1,613

per month

Owner Cost Burden

13.0%

of gross income

You can likely afford the median home in Osceola County

Median home value is $123,800. Estimated monthly cost: $988 vs. your max of $1,613.

Rent Affordability Guide

Your rent-to-income ratio13.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Osceola County, Iowa?
Osceola County, Iowa has a median monthly rent of $796/mo and a median home value of $123,800. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Osceola County?
The median gross rent in Osceola County is $796/mo. This is 2% below state average for Iowa.
Is Osceola County affordable?
Osceola County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Osceola County's rent compare to the state average?
Osceola County's median rent of $796/mo is 2% below state average of $812/mo for Iowa.
What is the median home value in Osceola County?
The median home value in Osceola County, Iowa is $123,800. This is 56% 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.