Average Rent in Wapello County, IA↑ Rents rising 2.1% YoY🔺 10th priciest in IA

Wapello County, IA has rental prices ranging from $750/month to $1,467/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $776/month — 45% below the national average of $1,400/month. With a median household income of $60,034/year, spending $776/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Wapello County Compares

With an average 2-bedroom rent of $1,018/month, Wapello County ranks #10 most expensive of the 94 cities tracked in Iowa — pricier than 67% of all US cities in our data.

The Wapello County Rental Market

The Wapello County, IA area has a population of about 35,265 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Wapello County, IA have risen by $21/month (2.1%) over the past year, from $997 to $1,018. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Wapello County, IA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,040. The local median household income of $60,034 exceeds that threshold by $28,994, making Wapello County relatively accessible compared to local wages.

Economy & Jobs

Wapello County, IA has an unemployment rate of 4.3%, 0.4 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Is Wapello County, IA Affordable?

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

Rent or Buy in Wapello County?

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

Living in Wapello County

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