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Menlo, IA

Full City Profile · Iowa · Guthrie County County

2.8 /5.0
C+ Fair
355 Population 710/sq mi density
$78,333 Median Income $35,825 per capita
$107,100 Home Value $206,836 Zillow
$1,078 Median Rent 24.1% income on rent
48°F Avg Temperature 275 sunny days/yr
387 Violent Crime/100K 2,202 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$78,333 median income, 10.2% unemployment
A+
Affordability
5.0 / 5.0
$107,100 home value, $1,078/mo rent
F
Safety
1.0 / 5.0
387 violent crimes/100K (2% above avg)
D
Education
1.7 / 5.0
8.6% bachelor's degree or higher

Housing Overview

Median Home Value
$107,100
62% below
US avg: $281,900
Median Rent
$1,078/mo
7% below
US avg: $1,163/mo
Homeownership Rate
90.4%
38% above US avg (65.4%)
Total Housing Units
173
Median year built: 1938

Home Value by Source

Census Median
$107,100
Zillow (ZHVI)
$206,836
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.4%
Owner-Occupied
9.6%
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
Census median rent: $1,078/mo

Affordability & Housing Stock

Rent Burden
24.1%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
90.4%

Complete Housing Data

Home Values

Census Median Value$107,100
Zillow Home Value (ZHVI)$206,836

Rent

Census Median Rent$1,078
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-Occupied90.4%
Renter-Occupied9.6%
Homeownership Rate90.4%
Total Housing Units173
Median Year Built1938
Rent Burden24.1%