Cost of Living in Iron County, Utah

$1,008/mo
Median Monthly Rent
$342,900
Median Home Value

At a Glance

Median Monthly Rent
$1,008/mo
8% below state average
Median Home Value
$342,900
22% above national
Rent-to-Income Ratio
28.0%
% 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 Iron County Compares

Median monthly rent comparison

Iron County$1,008/mo
Utah Average$1,101/mo
National Median$1,163/mo

Detailed Housing Stats

$1,008/mo
Median Gross Rent
$342,900
Median Home Value
$1,189/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Iron County ranks #1,913 of 3,144 counties for affordability (bottom 39%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Iron County, Utah

Iron County rents above U.S. average

Iron County's 18.5% rent-to-income ratio exceeds the national average, placing renters here in a tighter squeeze than typical Americans. With median rent at $1,008 per month against a median household income of $65,527, housing costs consume a meaningful chunk of local paychecks.

Above-average affordability pressure in Utah

Iron County's rent-to-income ratio of 18.5% sits above Utah's state average of 16.6%, ranking it among the less affordable counties for renters. The median rent of $1,008 approaches the state median, despite household incomes below the state norm.

More expensive than Garfield and Millard

Iron County's $1,008 rent exceeds nearby Garfield ($781) and Millard ($897), reflecting Cedar City's growth as a regional hub. However, median home values ($342,900) are lower than Grand County's ($480,900), offering better homebuying prospects despite rental pressures.

Renting takes a bigger bite than buying

Renters allocate 18.5% of the $65,527 median income to rent ($1,008/month), while homeowners dedicate 21.8% to mortgage costs ($1,189/month). Iron County presents a paradox: homeownership costs more, yet rents already strain household budgets significantly.

Cedar City area costs rising

Iron County's growing housing expenses warrant close comparison with more affordable neighbors like Garfield and Millard if you're relocating to the region. Consider whether Cedar City's amenities justify higher housing costs relative to smaller surrounding communities.

Cost of Living Advisory: Iron County

Affordability Verdict

Housing in Iron County is affordable. The median rent is $1,008/month against a median household income of $65,527, putting rent at 18.5% of income.

Rent vs. Own

Renters in Iron County pay $1,008/month on average, compared to $1,189/month for homeowners. This market favors renters by about 15%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $40,320/year. For owner costs at the 28% rule, the required income is roughly $50,957/year. With a median household income of $65,527, most households can comfortably afford rent here. Notably, 28.0% of renter households in Iron County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Utah, Iron County is more affordable than Duchesne County by roughly 8% ($1,008/mo vs $934/mo).

Affordability Calculator

See how your income compares to housing costs in Iron County

$

Rent Burden

18.5%

of gross income

Max Housing (28% Rule)

$1,529

per month

Owner Cost Burden

21.8%

of gross income

The median home in Iron County may be a stretch

Median home value is $342,900. Estimated monthly cost: $2,737 vs. your max of $1,529.

Rent Affordability Guide

Your rent-to-income ratio18.5%
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: $65,527Needed: $40,320
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $65,527Needed: $50,957
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $65,527Needed: $79,802

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 Iron County, Utah?
Iron County, Utah has a median monthly rent of $1,008/mo and a median home value of $342,900. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Iron County?
The median gross rent in Iron County is $1,008/mo. This is 8% below state average for Utah.
Is Iron County affordable?
Iron County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Iron County's rent compare to the state average?
Iron County's median rent of $1,008/mo is 8% below state average of $1,101/mo for Utah.
What is the median home value in Iron County?
The median home value in Iron County, Utah is $342,900. This is 22% above 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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