Cost of Living in Iowa County, Wisconsin

$941/mo
Median Monthly Rent
$248,100
Median Home Value

At a Glance

Median Monthly Rent
$941/mo
6% above state average
Median Home Value
$248,100
12% 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 Iowa County Compares

Median monthly rent comparison

Iowa County$941/mo
Wisconsin Average$891/mo
National Median$1,163/mo

Detailed Housing Stats

$941/mo
Median Gross Rent
$248,100
Median Home Value
$1,183/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Iowa County ranks #948 of 3,144 counties for affordability (top 30%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Iowa County, Wisconsin

Iowa County rents: better than average

At 13.5%, Iowa County's rent-to-income ratio beats the national norm and sits comfortably below the 30% affordability threshold that housing experts recommend. The median household income here is $83,372—$8,617 above the national median—giving residents more breathing room in their monthly budgets.

Solid footing in Wisconsin

Iowa County ranks among the more affordable Wisconsin counties with a rent-to-income ratio of 13.5%, better than the state average of 14.9%. Median rent of $941 is only slightly higher than Wisconsin's $891 state average, reflecting competitive housing costs for the region.

Competitive with surrounding areas

Iowa County's median rent of $941 aligns closely with neighboring Jackson County ($789) and Juneau County ($847), though it runs higher than rural Iron County ($640). Home values here average $248,100—a premium over Iron and Jackson counties but competitive for south-central Wisconsin.

Where Iowa County dollars go

Renters spend roughly $941 monthly while homeowners face $1,183 in costs—totaling 13.5% and 17.0% of median household income respectively. With a median income of $83,372 annually, both housing paths remain within manageable ranges for most households.

Iowa County for value seekers

If you're weighing south-central Wisconsin options, Iowa County delivers above-average incomes paired with below-average rent burdens. Compare its 13.5% rent ratio against Kenosha's 17.8% or La Crosse's 17.4%—the savings add up fast.

Cost of Living Advisory: Iowa County

Affordability Verdict

For renters in Iowa County, the market is affordable. Expect to pay around $941/month in gross rent, with 23.0% of renter households considered cost-burdened.

Rent vs. Own

The median rent in Iowa County is $941/month, while owner costs run $1,183/month. Renting saves approximately $242/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $37,640/year. For owner costs at the 28% rule, the required income is roughly $50,700/year. With a median household income of $83,372, most households can comfortably afford rent here. Notably, 23.0% of renter households in Iowa County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Iowa County sits 6% more expensive than Sheboygan County ($889/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Iowa County

$

Rent Burden

13.5%

of gross income

Max Housing (28% Rule)

$1,945

per month

Owner Cost Burden

17.0%

of gross income

The median home in Iowa County may be a stretch

Median home value is $248,100. Estimated monthly cost: $1,981 vs. your max of $1,945.

Rent Affordability Guide

Your rent-to-income ratio13.5%
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: $83,372Needed: $37,640
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $83,372Needed: $50,700
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $83,372Needed: $57,740

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 Iowa County, Wisconsin?
Iowa County, Wisconsin has a median monthly rent of $941/mo and a median home value of $248,100. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Iowa County?
The median gross rent in Iowa County is $941/mo. This is 6% above state average for Wisconsin.
Is Iowa County affordable?
Iowa 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 Iowa County's rent compare to the state average?
Iowa County's median rent of $941/mo is 6% above state average of $891/mo for Wisconsin.
What is the median home value in Iowa County?
The median home value in Iowa County, Wisconsin is $248,100. This is 12% 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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