Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Algona city, Iowa?
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
| Metric | Value |
|---|---|
| Median Gross Rent | $885 |
| Median Home Value | $160,800 |
| Median Household Income | $56,040 |
| Total Housing Units | 2,552 |
| Renter-Occupied Units | 793 |
| Renter-Occupied Share | 31% |
| Households Paying 50%+ Income | 159 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
| # | City | Value |
|---|---|---|
| 1 | West Okoboji city | $2,000 |
| 2 | Thurman city | $1,725 |
| 3 | Riverdale city | $1,600 |
| … 233 more … | ||
| 237 | Algona city(you are here) | $885 |
| … 492 more … | ||
| 730 | Bristow city | $358 |
| 730 | New Albin city | $358 |
| 732 | Tabor city | $289 |
More data for Algona city, Iowa
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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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