Average Rent in Jasper County, IA↓ Rents falling 10.9% YoY🔻 2nd cheapest in IA
HUD FY2021 · Official government data · Updated annually · Metro pop. 37,864
Market Overview
Jasper County, IA has rental prices ranging from $558/month to $1,206/month in 2021, depending on unit size. The typical 1-bedroom apartment rents for $583/month — 58% below the national average of $1,400/month. With a median household income of $70,128/year, spending $583/month on a 1-bedroom represents 10% of gross income — within the recommended 30% threshold.
How Jasper County Compares
With an average 2-bedroom rent of $768/month, Jasper County ranks #93 most expensive of the 94 cities tracked in Iowa — more affordable than 98% of all US cities in our data.
The Jasper County Rental Market
The Jasper County, IA area has a population of about 37,864 and 25% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Jasper County, IA have fallen by $94/month (10.9%) over the past year, from $862 to $768. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.
Affordability
To afford a 1-bedroom apartment in Jasper County, IA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $23,320. The local median household income of $70,128 exceeds that threshold by $46,808, making Jasper County relatively accessible compared to local wages.
Economy & Jobs
Jasper County, IA has an unemployment rate of 3.3%, 0.6 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.
Fair Market Rents
HUD FY2021Is Jasper County, IA Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in IAlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Omaha | $990 | $1,052 | $1,261 | $1,675 | — |
| Des Moines | $954 | $1,017 | $1,216 | $1,632 | — |
| Cedar Rapids | $681 | $757 | $993 | $1,391 | — |
| Iowa City | $816 | $921 | $1,105 | $1,548 | — |
| Waterloo | $684 | $760 | $997 | $1,301 | — |
| Sioux City | $715 | $818 | $1,043 | $1,257 | — |
Rent or Buy in Jasper County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Jasper County data
Renting appears to be the better financial choice for this scenario.
Living in Jasper County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Jasper CountySalary needed to afford rent here
🗺️All Cities in IASee how Jasper County ranks statewide
⚖️Compare Jasper CountySide-by-side rent & cost of living with any city
📋IA Tenant RightsDeposit limits, eviction laws & renters protections