Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Brayton

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

Median Home$121,500
Median Rent$752/month
Population130
Leading IndustriesConstruction · Agriculture & Mining · Transportation10% construction
Home Value Growth⬇⬇-18.7% over 2 years
Retirees21% of residentsnear the national average
Homeowners86% of occupied units
NotableAffordable Market$122k median home · lower cost than 84% of the country
Brayton
IA

Frequently Asked Questions

What are today's mortgage rates in Brayton?

As of today, the 30-year fixed mortgage rate for Brayton is approximately 6.886% (6.922% 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 Brayton
What is the median home price in Brayton?

The median home value in Brayton is $122k. The median monthly rent is $752. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brayton?

Home values in Brayton have decreased 18.7% over the past two years. Buyers may find more negotiating room in this market. 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 Brayton?

Based on a typical all-in ownership cost of $720/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brayton is $58k/year.

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

The largest employment sectors in Brayton are public administration (23%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.