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Breda

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

Median Home$172,300
Median Rent$824/month
Population534
Leading IndustriesAgriculture & Mining · Construction · Finance & Insurance11% agriculture & mining
Home Value Growth⬆⬆⬆+29.4% over 2 years
Young Adults24% of residents
Homeowners80% of occupied units
Breda
IA

Frequently Asked Questions

What are today's mortgage rates in Breda?

As of today, the 30-year fixed mortgage rate for Breda is approximately 6.868% (6.903% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Breda?

The median home value in Breda is $172k. The median monthly rent is $824. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Breda?

Home values in Breda have increased 29.4% 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 Breda?

Based on a typical all-in ownership cost of $951/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Breda is $74k/year.

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What industries drive the economy in Breda?

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