Menlo, IA
Full City Profile · Iowa · Guthrie County County
3.4
/5.0
B
Good
355
Population
710/sq mi density
$78,333
Median Income
$35,825 per capita
$107,100
Home Value
$234,553 Zillow
$1,078
Median Rent
24.1% income on rent
48°F
Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$78,333 median income, 12.3% unemployment
A+
Affordability
5.0 / 5.0
$107,100 home value, $1,078/mo rent
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)
$234,553
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.4%
Owner-Occupied
9.6%
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:
$1,078/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) | $234,553 |
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-Occupied | 90.4% |
| Renter-Occupied | 9.6% |
| Homeownership Rate | 90.4% |
| Total Housing Units | 173 |
| Median Year Built | 1938 |
| Rent Burden | 24.1% |