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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Algona city, Iowa?

$885/month 0.2%vs 2023 ($887)

City · Census ACS 5-Year estimates

The median gross rent in Algona city, Iowa is $885/month (±$48), based on Census ACS 5-Year estimates (2024). The median home value is $160,800 (±$10,460), and the median household income is $56,040/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Algona city, Iowa

MetricValue
Median Gross Rent$885
Median Home Value$160,800
Median Household Income$56,040
Total Housing Units2,552
Renter-Occupied Units793
Renter-Occupied Share31%
Households Paying 50%+ Income159 households

How does Algona city, Iowa compare?

Median gross rent ranked against all cities in Iowa.

Higher rent than 68% of cities in Iowa · 237th of 732

Cheapest: New Albin city($358)
Priciest: West Okoboji city($2,000)
#CityValue
1West Okoboji city$2,000
2Thurman city$1,725
3Riverdale city$1,600
… 233 more …
237Algona city(you are here)$885
… 492 more …
730Bristow city$358
730New Albin city$358
732Tabor city$289

More data for Algona city, Iowa

Frequently asked questions

What is the average rent in Algona city, Iowa?

The median gross rent in Algona city, Iowa is $885/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Algona city, Iowa?

The median rent for a 2-bedroom in Algona city, Iowa is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Algona city, Iowa?

The median home value in Algona city, Iowa is $160,800 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Algona city are rent-burdened?

In Algona city, Iowa, 159 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Algona city, Iowa?

The median household income in Algona city, Iowa is $56,040/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $885 has a margin of error of ±$48. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.