Sixteen / Ion, IA

Rent in Sixteen / Ion

Median Gross Rent

$752

Rent-to-Income Ratio

10.8%

Renter Share

6.3%

Median Renter Income

$86,250

Avg Household Size

2.4

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

1 Bedroom: $766
2 Bedrooms: $1,125
3 Bedrooms: $725

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 52.5%
$1,000-$1,500: 10.2%
$1,500-$2,000: 3.4%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 33.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 45.8%
20-30% (moderate): 15.3%
30-50% (cost-burdened): 0.0%
50%+ (severely cost-burdened): 5.1%
Not Computed: 33.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $71,847
Renter Households: $86,250

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 66.1%
$1,000-$1,500: 0.0%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 33.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources