Housing in Montgomery County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Montgomery County averages $814/month for a 2‑bedroom in 2024, compared to the Iowa median of $972 and the national median of $1,413. Local renters spend approximately 29% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Montgomery County FMR Area are $682 for a studio, $838 for 1‑bedroom, $919 for 2‑bedroom, $1,265 for 3‑bedroom, and $1,319 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $105 increase for a 2-bedroom in Montgomery County shows a 13% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Montgomery County was 2.4% in 2024, compared to Iowa at 3.0% and the national rate of 4.0%.

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Towns near Grant

City
County
State
Miles
Montgomery
IA
0.0
Montgomery
IA
6.9
Montgomery
IA
9.2
Montgomery
IA
13.6
Montgomery
IA
15.7
Adams
IA
18.8
Adams
IA
21.2
Taylor
IA
25.4
Adams
IA
25.7
Taylor
IA
29.0
Adams
IA
33.2
Taylor
IA
33.9
Taylor
IA
34.9
Taylor
IA
35.8
Taylor
IA
41.0
Taylor
IA
46.1

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