Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Bernard

Learn about the people, housing, costs and businesses in Bernard, Iowa

Median Home$326,300
Median Rent$999/month
Population119
Leading IndustriesConstruction · Wholesale Trade · Agriculture & Mining9% construction
Home Value Growth+10.4% over 2 years
Retirees35% of residentstop 3% nationally
Homeowners89% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHigh Incomes$100k/year · top 17% nationally
Bernard
IA

Frequently Asked Questions

What are today's mortgage rates in Bernard?

As of today, the 30-year fixed mortgage rate for Bernard is approximately 6.835% (6.869% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Bernard
What is the median home price in Bernard?

The median home value in Bernard is $326k. The median monthly rent is $999. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bernard?

Home values in Bernard have increased 10.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Bernard?

Based on a typical all-in ownership cost of $1,323/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bernard is $100k/year.

Calculate your buying power
What industries drive the economy in Bernard?

The largest employment sectors in Bernard are public administration (19%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.