Armstrong, IA

Full City Profile · Iowa · Emmet County County

3.3 /5.0
B Good
709 Population 806/sq mi density
$52,279 Median Income $33,455 per capita
$86,400 Home Value $168,135 Zillow
$632 Median Rent 17.5% income on rent
45°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$52,279 median income, 7.8% unemployment
A+
Affordability
5.0 / 5.0
$86,400 home value, $632/mo rent
D
Education
1.9 / 5.0
11.7% bachelor's degree or higher

Housing Overview

Median Home Value
$86,400
69% below
US avg: $281,900
Median Rent
$632/mo
46% below
US avg: $1,163/mo
Homeownership Rate
84.5%
29% above US avg (65.4%)
Total Housing Units
444
Median year built: 1949

Home Value by Source

Census Median
$86,400
Zillow (ZHVI)
$168,135
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.5%
Owner-Occupied
15.5%
Renter-Occupied
85%
16%
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: $632/mo

Affordability & Housing Stock

Rent Burden
17.5%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Median Year Built
1949
Average age of housing stock: 77 years
Homeownership Rate
84.5%

Complete Housing Data

Home Values

Census Median Value$86,400
Zillow Home Value (ZHVI)$168,135

Rent

Census Median Rent$632
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-Occupied84.5%
Renter-Occupied15.5%
Homeownership Rate84.5%
Total Housing Units444
Median Year Built1949
Rent Burden17.5%