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Allerton, IA

Full City Profile · Iowa · Wayne County County

2.8 /5.0
C+ Fair
413 Population 347/sq mi density
$45,417 Median Income $27,857 per capita
$85,000 Home Value $184,097 Zillow
$583 Median Rent 19.8% income on rent
50°F Avg Temperature 275 sunny days/yr
236 Violent Crime/100K 2,973 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$45,417 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$85,000 home value, $583/mo rent
F
Safety
1.0 / 5.0
236 violent crimes/100K
C
Education
2.2 / 5.0
15.5% bachelor's degree or higher

Housing Overview

Median Home Value
$85,000
70% below
US avg: $281,900
Median Rent
$583/mo
50% below
US avg: $1,163/mo
Homeownership Rate
79.3%
21% above US avg (65.4%)
Total Housing Units
214
Median year built: 1952

Home Value by Source

Census Median
$85,000
Zillow (ZHVI)
$184,097
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.3%
Owner-Occupied
20.7%
Renter-Occupied
79%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $583/mo

Affordability & Housing Stock

Rent Burden
19.8%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
79.3%

Complete Housing Data

Home Values

Census Median Value$85,000
Zillow Home Value (ZHVI)$184,097

Rent

Census Median Rent$583
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Ownership & Stock

Owner-Occupied79.3%
Renter-Occupied20.7%
Homeownership Rate79.3%
Total Housing Units214
Median Year Built1952
Rent Burden19.8%