Iowa is known for its affordable cost of living, and there are several cities within the state that offer great value for residents. Whether you're looking to buy a house or rent an apartment, these cities provide affordable options that won't break the bank. Let's explore the top 8 cheapest places to live in Iowa and discover what each city has to offer.
Top 8 Cheapest Places to Live in Iowa
- Centerville
- Ottumwa
- Fort Madison
- Keokuk
- Muscatine
- Marshalltown
- Storm Lake
- Boone
Centerville
Centerville is a charming city located in Appanoose County, Iowa. With a population of around 5,281, it offers a close-knit community feel.
One of the key attractions of Centerville is its access to outdoor recreation. The Rathbun Lake, located just a short drive away, provides opportunities for boating, fishing, and camping. The city is also home to the Appanoose County Historical and Coal Mining Museum, which offers a fascinating glimpse into the region's past.
The average cost of buying a house in Centerville is around $88,000, and if you prefer to rent, you can find apartments with an average monthly cost of $600.
Ottumwa
Ottumwa, situated in Wapello County, is another affordable city in Iowa. With a population of approximately 25,149, it offers a larger community with various amenities.
Outdoor enthusiasts will appreciate Ottumwa's proximity to the Des Moines River, where you can enjoy activities such as kayaking, fishing, and hiking along the riverbanks. The city also boasts the American Gothic House, known for its association with the famous Grant Wood painting.
When it comes to housing, the average price for buying a house in Ottumwa is around $90,000, while the average monthly rent for an apartment is approximately $650.
Fort Madison
Located in Lee County, Fort Madison is a historic city with a population of about 9,995.
Situated along the Mississippi River, it offers stunning river views and a rich history. Outdoor recreation is abundant in Fort Madison, with opportunities for boating, fishing, and picnicking in the city's parks.
The Old Fort Madison, a reconstructed military fort from the early 19th century, is a popular attraction for history buffs. In terms of housing costs, the average price for buying a house in Fort Madison is around $95,000, and apartments for rent have an average monthly cost of $700.
Keokuk
Keokuk, also located in Lee County, is a city with a population of approximately 9,613.
Positioned at the confluence of the Des Moines River and the Mississippi River, it offers stunning waterfront views and a variety of recreational activities. The Rand Park Complex is a popular destination for outdoor enthusiasts, featuring amenities such as walking trails, sports fields, and a golf course. Keokuk is also known for its rich history, and visitors can explore the Keokuk National Cemetery and the Samuel Freeman Miller House.
The average cost of buying a house in Keokuk is around $70,000, and apartments for rent have an average monthly cost of $600.
Muscatine
Muscatine, located in Muscatine County, is a vibrant city with a population of around 23,000.
Known as the "Pearl of the Mississippi," it offers a picturesque setting along the Mississippi River. Outdoor recreation is a highlight in Muscatine, with numerous parks and trails for hiking, biking, and picnicking. The city is also home to the Muscatine Art Center, which showcases a diverse collection of artwork.
When it comes to housing, the average price for buying a house in Muscatine is around $120,000, and apartments for rent have an average monthly cost of $800.
Marshalltown
Marshalltown, situated in Marshall County, is a welcoming city with a population of approximately 27,027.
Outdoor enthusiasts will appreciate the extensive park system in Marshalltown, which includes fishing ponds, walking trails, and sports fields. The Grimes Farm and Conservation Center is a popular destination for nature lovers, offering opportunities for birdwatching and wildlife observation. Marshalltown is also known for its vibrant downtown area, featuring local shops, restaurants, and entertainment venues.
The average cost of buying a house in Marshalltown is around $115,000, and apartments for rent have an average monthly cost of $700.
Storm Lake
Storm Lake, located in Buena Vista County, is a diverse city with a population of approximately 11,292.
The city's namesake, Storm Lake, is a focal point for outdoor recreation, offering activities such as boating, fishing, and swimming. Storm Lake is also home to Buena Vista University, which brings a youthful energy to the community. Cultural attractions include the Witter Gallery, showcasing local artwork, and the historic King's Pointe Waterpark Resort.
When it comes to housing, the average price for buying a house in Storm Lake is around $130,000, and apartments for rent have an average monthly cost of $900.
Boone
Boone, situated in Boone County, is athriving city with a population of approximately 12,513.
Nature lovers will find plenty to enjoy in Boone, as it is surrounded by beautiful parks and trails. The popular Ledges State Park offers breathtaking views, hiking trails, and opportunities for camping.
Boone is also known for its rich railroad history, which is showcased at the Boone and Scenic Valley Railroad and Museum. The city hosts the annual Farm Progress Show, a major agricultural event that attracts visitors from all over.
In terms of housing costs, the average price for buying a house in Boone is around $130,000, and apartments for rent have an average monthly cost of $800.
