Cost of Living in Tama County, Iowa

$865/mo
Median Monthly Rent
$139,900
Median Home Value

At a Glance

Median Monthly Rent
$865/mo
7% above state average
Median Home Value
$139,900
50% 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 Tama County Compares

Median monthly rent comparison

Tama County$865/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$865/mo
Median Gross Rent
$139,900
Median Home Value
$891/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Tama County ranks #902 of 3,144 counties for affordability (top 29%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Tama County, Iowa

Tama County rents track above national average

Tama County renters spend 15.3% of income on housing, above the national benchmark of 14.1%, though median rent of $865 remains moderate nationwide. The county reflects typical Midwest rural-to-exurban pricing patterns with moderate affordability pressures.

Above-average costs for rural Iowa

Tama County's 15.3% rent-to-income ratio exceeds Iowa's 14.1% state average, placing it among pricier rural counties statewide. Median rent of $865 runs $53 above Iowa's typical, suggesting modest but real affordability challenges relative to Iowa peers.

Pricier than rural peers, cheaper than urban

Tama County's $865 rent undercuts Scott County's urban pricing ($958) but exceeds affordable rural neighbors like Sac ($643) and Shelby ($810). Home values of $139,900 maintain this intermediate positioning between lowest-cost and highest-cost counties in the region.

Housing cost above typical Iowa share

Earning $67,955, Tama County residents allocate 15.3% to rent or 15.8% to mortgage payments, slightly above state comfort zones. While manageable, this leaves less discretionary income than Iowa's 14.1% benchmark suggests households should expect.

Tama County: modest affordability trade-off

Tama County offers reasonable housing but at slightly above-average Iowa cost—a fair choice if local employment or community ties outweigh the affordability premium. At $865 rent, budget roughly 15% of income for housing; if that fits your relocation calculus, Tama remains viable.

Cost of Living Advisory: Tama County

Affordability Verdict

Tama County offers affordable rental housing at a median of $865/month — about 15.3% of the typical household income here.

Rent vs. Own

The median rent in Tama County is $865/month, while owner costs run $891/month. Renting saves approximately $26/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,600/year. For owner costs at the 28% rule, the required income is roughly $38,186/year. With a median household income of $67,955, most households can comfortably afford rent here. Notably, 26.0% of renter households in Tama County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Hardin County where rent averages $814/month, Tama County is approximately 6% more expensive.

Affordability Calculator

See how your income compares to housing costs in Tama County

$

Rent Burden

15.3%

of gross income

Max Housing (28% Rule)

$1,586

per month

Owner Cost Burden

15.7%

of gross income

You can likely afford the median home in Tama County

Median home value is $139,900. Estimated monthly cost: $1,117 vs. your max of $1,586.

Rent Affordability Guide

Your rent-to-income ratio15.3%
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: $67,955Needed: $34,600
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,955Needed: $38,186
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,955Needed: $32,559

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 Tama County, Iowa?
Tama County, Iowa has a median monthly rent of $865/mo and a median home value of $139,900. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Tama County?
The median gross rent in Tama County is $865/mo. This is 7% above state average for Iowa.
Is Tama County affordable?
Tama 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 Tama County's rent compare to the state average?
Tama County's median rent of $865/mo is 7% above state average of $812/mo for Iowa.
What is the median home value in Tama County?
The median home value in Tama County, Iowa is $139,900. This is 50% 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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