Letts, IA
Full City Profile · Iowa · Louisa County County
2.9
/5.0
C+
Fair
382
Population
670/sq mi density
$75,625
Median Income
$35,823 per capita
$103,700
Home Value
$130,993 Zillow
$942
Median Rent
18.8% income on rent
49°F
Avg Temperature
275 sunny days/yr
607
Violent Crime/100K
2,004 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$75,625 median income, 4.7% unemployment
A+
Affordability
5.0 / 5.0
$103,700 home value, $942/mo rent
F
Safety
1.0 / 5.0
607 violent crimes/100K (60% above avg)
D
Education
1.6 / 5.0
8.0% bachelor's degree or higher
Housing Overview
Median Home Value
$103,700
63% below
US avg: $281,900
Median Rent
$942/mo
19% below
US avg: $1,163/mo
Homeownership Rate
86.0%
31% above US avg (65.4%)
Total Housing Units
149
Median year built: 1938
Home Value by Source
Census Median
$103,700
Zillow (ZHVI)
$130,993
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.0%
Owner-Occupied
14.0%
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:
$942/mo
Affordability & Housing Stock
Rent Burden
18.8%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
86.0%
Complete Housing Data
Home Values
| Census Median Value | $103,700 |
| Zillow Home Value (ZHVI) | $130,993 |
Rent
| Census Median Rent | $942 |
| 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 | 86.0% |
| Renter-Occupied | 14.0% |
| Homeownership Rate | 86.0% |
| Total Housing Units | 149 |
| Median Year Built | 1938 |
| Rent Burden | 18.8% |
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