Oelwein, IA
Full City Profile · Iowa · Fayette County County
2.7
/5.0
C+
Fair
5,878
Population
1,222/sq mi density
$49,821
Median Income
$28,933 per capita
$96,800
Home Value
$111,469 Zillow
$762
Median Rent
41.2% income on rent
46°F
Avg Temperature
209
Violent Crime/100K
574 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$49,821 median income, 7.8% unemployment
A+
Affordability
5.0 / 5.0
$96,800 home value, $762/mo rent
F
Safety
1.0 / 5.0
209 violent crimes/100K
C
Education
2.3 / 5.0
16.1% bachelor's degree or higher
Housing Overview
Median Home Value
$96,800
66% below
US avg: $281,900
Median Rent
$762/mo
34% below
US avg: $1,163/mo
Homeownership Rate
76.8%
17% above US avg (65.4%)
Total Housing Units
3,029
Median year built: 1953
Home Value by Source
Census Median
$96,800
Zillow (ZHVI)
$111,469
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.8%
Owner-Occupied
23.2%
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:
$762/mo
Affordability & Housing Stock
Rent Burden
41.2%
of renters spending 30%+ of income on housing
33% above US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
76.8%
Complete Housing Data
Home Values
| Census Median Value | $96,800 |
| Zillow Home Value (ZHVI) | $111,469 |
Rent
| Census Median Rent | $762 |
| 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 | 76.8% |
| Renter-Occupied | 23.2% |
| Homeownership Rate | 76.8% |
| Total Housing Units | 3,029 |
| Median Year Built | 1953 |
| Rent Burden | 41.2% |