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Maharishi Vedic City, IA

Full City Profile · Iowa · Wapello County County

3.5 /5.0
B+ Good
233 Population 70/sq mi density
$62,813 Median Income $42,653 per capita
$328,600 Home Value $217,345 Zillow
$1,101 Median Rent 27.7% income on rent
49°F Avg Temperature 275 sunny days/yr
95 Violent Crime/100K 3,016 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$62,813 median income, 0.9% unemployment
B+
Affordability
3.7 / 5.0
$328,600 home value, $1,101/mo rent
F
Safety
1.0 / 5.0
95 violent crimes/100K
A+
Education
5.0 / 5.0
79.3% bachelor's degree or higher

Housing Overview

Median Home Value
$328,600
17% above
US avg: $281,900
Median Rent
$1,101/mo
5% below
US avg: $1,163/mo
Homeownership Rate
42.3%
35% below US avg (65.4%)
Total Housing Units
174
Median year built: 2002

Home Value by Source

Census Median
$328,600
Zillow (ZHVI)
$217,345
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

42.3%
Owner-Occupied
57.7%
Renter-Occupied
42%
58%
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: $1,101/mo

Affordability & Housing Stock

Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
2002
Average age of housing stock: 24 years
Homeownership Rate
42.3%

Complete Housing Data

Home Values

Census Median Value$328,600
Zillow Home Value (ZHVI)$217,345

Rent

Census Median Rent$1,101
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-Occupied42.3%
Renter-Occupied57.7%
Homeownership Rate42.3%
Total Housing Units174
Median Year Built2002
Rent Burden27.7%