Average Rent in Howard County, IA↑ Rents rising 1.7% YoY🔻 4th cheapest in IA
HUD FY2025 · Official government data · Updated annually · Metro pop. 9,459
Market Overview
Howard County, IA has rental prices ranging from $646/month to $1,382/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 $67,336/year, spending $792/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.
How Howard County Compares
With an average 2-bedroom rent of $877/month, Howard County ranks #91 most expensive of the 94 cities tracked in Iowa — more affordable than 82% of all US cities in our data.
The Howard County Rental Market
The Howard County, IA area has a population of about 9,459 and 23% 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 Howard 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 Howard 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 $67,336 exceeds that threshold by $35,656, making Howard County relatively accessible compared to local wages.
Economy & Jobs
Howard County, IA has an unemployment rate of 2.9%, 1.0 percentage point 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 FY2025Is Howard 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 | — |
| 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 Howard County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Howard County data
Renting appears to be the better financial choice for this scenario.
Living in Howard 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 Howard CountySalary needed to afford rent here
🗺️All Cities in IASee how Howard County ranks statewide
⚖️Compare Howard CountySide-by-side rent & cost of living with any city
📋IA Tenant RightsDeposit limits, eviction laws & renters protections