RentData

Average Rent in Jefferson County, IA Rents rising 5.7% YoY🔺 8th priciest in IA

HUD FY2025 · Official government data · Updated annually · Metro pop. 15,676

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Jefferson County, IA has rental prices ranging from $781/month to $1,368/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $787/month — 44% below the national average of $1,400/month. With a median household income of $56,824/year, spending $787/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Jefferson County Compares

With an average 2-bedroom rent of $1,032/month, Jefferson County ranks #8 most expensive of the 94 cities tracked in Iowa — pricier than 68% of all US cities in our data.

The Jefferson County Rental Market

The Jefferson County, IA area has a population of about 15,676 and 35% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Jefferson County, IA have risen by $56/month (5.7%) over the past year, from $976 to $1,032. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Jefferson County, IA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,480. The local median household income of $56,824 exceeds that threshold by $25,344, making Jefferson County relatively accessible compared to local wages.

Economy & Jobs

Jefferson County, IA has an unemployment rate of 3.6%, 0.3 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 FY2025
Studio
$781
Affordable
1 Bedroom
$787
Affordable
2 Bedrooms
$1,032
5.7% YoY
Affordable
3 Bedrooms
$1,243
Affordable
4 Bedrooms
$1,368
Affordable
🔔
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Is Jefferson County, IA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$41,280/year
Local median income: $56,824
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,032/month and 20% down on a home at 7% rate.

Nearby Cities in IAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Omaha$990$1,052$1,261$1,675
Jasper County$707$711$920$1,265
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

Rent or Buy in Jefferson County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Jefferson County data

$
Home Value
$350,000
2BR Rent
$1,032/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 4 years — worth it if you stay 4+ years.

Total monthly buy cost: $2,577/movs rent: $1,032/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Jefferson County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Jefferson County

Compare rent & home prices by neighborhood

💵Rent Affordability in Jefferson County

Salary needed to afford rent here

🗺️All Cities in IA

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⚖️Compare Jefferson County

Side-by-side rent & cost of living with any city

📋IA Tenant Rights

Deposit limits, eviction laws & renters protections