RentData

Average Rent in Cherokee County, IA Rents rising 1.7% YoY🔻 4th cheapest in IA

HUD FY2025 · Official government data · Updated annually · Metro pop. 11,587

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

Market Overview

Cherokee County, IA has rental prices ranging from $646/month to $1,473/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $792/month — 43% below the national average of $1,400/month. With a median household income of $64,478/year, spending $792/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Cherokee County Compares

With an average 2-bedroom rent of $877/month, Cherokee County ranks #91 most expensive of the 94 cities tracked in Iowa — more affordable than 82% of all US cities in our data.

The Cherokee County Rental Market

The Cherokee County, IA area has a population of about 11,587 and 27% 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 Cherokee County, IA have risen by $15/month (1.7%) over the past year, from $862 to $877. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Cherokee County, IA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,680. The local median household income of $64,478 exceeds that threshold by $32,798, making Cherokee County relatively accessible compared to local wages.

Economy & Jobs

Cherokee County, IA has an unemployment rate of 2.4%, 1.5 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
$646
Affordable
1 Bedroom
$792
Affordable
2 Bedrooms
$877
1.7% YoY
Affordable
3 Bedrooms
$1,229
Affordable
4 Bedrooms
$1,473
Affordable
🔔
Get Rent Alerts
Be notified when rents change in Cherokee County

Is Cherokee 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
$35,080/year
Local median income: $64,478
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $877/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 Cherokee County?

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

Should I Rent or Buy?

Break-even analysis using real Cherokee County data

$
Home Value
$350,000
2BR Rent
$877/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏢 Rent

Renting appears to be the better financial choice for this scenario.

Total monthly buy cost: $2,577/movs rent: $877/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Cherokee County

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

Moving Cost Estimator

Estimate your moving costs based on FMCSA public mover data

Select your origin state to see the estimate

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in Cherokee County

Compare rent & home prices by neighborhood

💵Rent Affordability in Cherokee County

Salary needed to afford rent here

🗺️All Cities in IA

See how Cherokee County ranks statewide

⚖️Compare Cherokee County

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

📋IA Tenant Rights

Deposit limits, eviction laws & renters protections