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Latimer, IA
Full City Profile · Iowa · Franklin County County
3.0
/5.0
B
Good
763
Population
318/sq mi density
$71,250
Median Income
$24,102 per capita
$101,500
Home Value
$145,794 Zillow
$1,020
Median Rent
14.1% income on rent
47°F
Avg Temperature
260 sunny days/yr
96
Violent Crime/100K
2,283 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$71,250 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$101,500 home value, $1,020/mo rent
F
Safety
1.0 / 5.0
96 violent crimes/100K
C+
Education
2.6 / 5.0
20.5% bachelor's degree or higher
Housing Overview
Median Home Value
$101,500
64% below
US avg: $281,900
Median Rent
$1,020/mo
12% below
US avg: $1,163/mo
Homeownership Rate
56.8%
13% below US avg (65.4%)
Total Housing Units
296
Median year built: 1956
Home Value by Source
Census Median
$101,500
Zillow (ZHVI)
$145,794
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
56.8%
Owner-Occupied
43.2%
Renter-Occupied
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:
$1,020/mo
Affordability & Housing Stock
Rent Burden
14.1%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
56.8%
Complete Housing Data
Home Values
| Census Median Value | $101,500 |
| Zillow Home Value (ZHVI) | $145,794 |
Rent
| Census Median Rent | $1,020 |
| 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-Occupied | 56.8% |
| Renter-Occupied | 43.2% |
| Homeownership Rate | 56.8% |
| Total Housing Units | 296 |
| Median Year Built | 1956 |
| Rent Burden | 14.1% |