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Fredonia, IA

Full City Profile · Iowa · Louisa County County

3.5 /5.0
B+ Good
232 Population 1,547/sq mi density
$51,250 Median Income $21,956 per capita
$86,400 Home Value $155,864 Zillow
49°F Avg Temperature 275 sunny days/yr
134 Violent Crime/100K 886 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$51,250 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$86,400 home value, /mo rent
F
Safety
1.0 / 5.0
134 violent crimes/100K
A
Education
4.1 / 5.0
38.4% bachelor's degree or higher

Housing Overview

Median Home Value
$86,400
69% below
US avg: $281,900
Homeownership Rate
89.6%
37% above US avg (65.4%)
Total Housing Units
74
Median year built: 1967

Home Value by Source

Census Median
$86,400
Zillow (ZHVI)
$155,864
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.6%
Owner-Occupied
10.4%
Renter-Occupied
90%
10%
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

Affordability & Housing Stock

Rent Burden
19.4%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
89.6%

Complete Housing Data

Home Values

Census Median Value$86,400
Zillow Home Value (ZHVI)$155,864

Rent

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-Occupied89.6%
Renter-Occupied10.4%
Homeownership Rate89.6%
Total Housing Units74
Median Year Built1967
Rent Burden19.4%