Dow City renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Dow City is about $627 per month. This puts it in the 21st percentile compared to the state average cost of rent, which is $884. Households in Dow City have a median income of $5,378 per month so the average renter in Dow City is spending roughly 12% of their earnings on housing.
Nationally, and in Dow City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Dow City is $125,567 right now, which is lower than nearby cities, meaning that rents in Dow City also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of Dow City while lower rent rates are often available in northwestern areas.
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