Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Elliott

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

Median Home$169,900
Median Rent$971/month
Population323
Leading IndustriesEducation · Professional Services · Public Administration4% education
Home Value Growth+3.8% over 2 years
Young Adults70% of residentstop 1% nationally
Homeowners81% of occupied units
NotableVeteran Community39% of residents · top 1% nationally
NotableTransit85/100 · excellent transit access
Elliott
IA

Frequently Asked Questions

What are today's mortgage rates in Elliott?

As of today, the 30-year fixed mortgage rate for Elliott is approximately 7.058% (7.099% 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 Elliott
What is the median home price in Elliott?

The median home value in Elliott is $170k. The median monthly rent is $971. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elliott?

Home values in Elliott have increased 3.8% over the past two years. This represents moderate growth. 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 Elliott?

Based on a typical all-in ownership cost of $902/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elliott is $86k/year.

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

The largest employment sectors in Elliott are public administration (30%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.