Cost of Living in Washington County, Iowa

$862/mo
Median Monthly Rent
$199,600
Median Home Value

At a Glance

Median Monthly Rent
$862/mo
6% above state average
Median Home Value
$199,600
29% below national
Rent-to-Income Ratio
24.0%
% 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 Washington County Compares

Median monthly rent comparison

Washington County$862/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$862/mo
Median Gross Rent
$199,600
Median Home Value
$1,063/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Washington County ranks #1,442 of 3,144 counties for affordability (top 46%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Washington County, Iowa

Washington balances income and housing costs

Washington County residents earn $71,339—below the national median of $74,755—but maintain a reasonable 14.5% rent-to-income ratio through moderate housing costs. At $862 monthly for rent, the county sits just slightly above Iowa's state average, offering balanced affordability.

Middle-of-the-road affordability in Iowa

Washington County's 14.5% rent-to-income ratio places it near Iowa's state average of 14.1%, positioning the county as representative of typical affordability statewide. This moderate standing suggests neither exceptional affordability nor unusual cost burden for renters here.

Moderate costs in southeast Iowa cluster

Washington's $862 rent falls between Van Buren ($686) and Wapello ($950), making it a middle option in the region's rental market. Its median home value of $199,600 also positions it between lower-cost and higher-cost neighboring counties, offering a balanced middle ground.

Housing balance matches regional profile

With $71,339 in median income and $862 monthly rent, Washington households dedicate 14.5% of gross income to rental housing, leaving substantial funds for taxes, food, and savings. Homebuyers at $1,063 monthly face a similar proportion, reflecting balanced cost distribution across the county.

Washington offers stable Iowa relocation

Relocating to Iowa? Washington County's 14.5% rent-to-income ratio and moderate home values ($199,600) make it a steady choice without extreme affordability or cost challenges. The county's balanced profile suits those seeking representative Iowa pricing and community stability.

Cost of Living Advisory: Washington County

Affordability Verdict

Washington County is affordable for renters, with a median gross rent of $862/month representing approximately 14.5% of median household income. The rent burden (GRAPI) stands at 24.0%.

Rent vs. Own

At $862/month rent versus $1,063/month in owner costs, renting is roughly $201/month cheaper — a 19% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,480/year. For owner costs at the 28% rule, the required income is roughly $45,557/year. With a median household income of $71,339, most households can comfortably afford rent here. Notably, 24.0% of renter households in Washington County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Shelby County where rent averages $810/month, Washington County is approximately 6% more expensive.

Affordability Calculator

See how your income compares to housing costs in Washington County

$

Rent Burden

14.5%

of gross income

Max Housing (28% Rule)

$1,665

per month

Owner Cost Burden

17.9%

of gross income

You can likely afford the median home in Washington County

Median home value is $199,600. Estimated monthly cost: $1,593 vs. your max of $1,665.

Rent Affordability Guide

Your rent-to-income ratio14.5%
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: $71,339Needed: $34,480
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,339Needed: $45,557
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,339Needed: $46,452

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 Washington County, Iowa?
Washington County, Iowa has a median monthly rent of $862/mo and a median home value of $199,600. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Washington County?
The median gross rent in Washington County is $862/mo. This is 6% above state average for Iowa.
Is Washington County affordable?
Washington County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Washington County's rent compare to the state average?
Washington County's median rent of $862/mo is 6% above state average of $812/mo for Iowa.
What is the median home value in Washington County?
The median home value in Washington County, Iowa is $199,600. This is 29% 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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