Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Kensett

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

Median Home$136,200
Median Rent$702/month
Population255
Leading IndustriesManufacturing · Information & Media · Finance & Insurance2% manufacturing
Home Value Growth-4.3% over 2 years
Retirees21% of residentsnear the national average
Homeowners77% of occupied units
NotableAffordable Market$136k median home · lower cost than 79% of the country
Kensett
IA

Frequently Asked Questions

What are today's mortgage rates in Kensett?

As of today, the 30-year fixed mortgage rate for Kensett is approximately 6.963% (7.002% 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 Kensett
What is the median home price in Kensett?

The median home value in Kensett is $136k. The median monthly rent is $702. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kensett?

Home values in Kensett have decreased 4.3% 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 Kensett?

Based on a typical all-in ownership cost of $739/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kensett is $81k/year.

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

The largest employment sectors in Kensett are public administration (21%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.