Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Le Mars

Learn about the people, housing, costs and businesses in Le Mars, Iowa

Median Home$211,111
Median Rent$925/month
Population10,778
Leading IndustriesRetail · Professional Services21% retail
Home Value Growth⬆⬆+12.5% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners62% of occupied units
Le Mars
IA

Frequently Asked Questions

What are today's mortgage rates in Le Mars?

As of today, the 30-year fixed mortgage rate for Le Mars is approximately 6.978% (7.017% 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 Le Mars
What is the median home price in Le Mars?

The median home value in Le Mars is $211k. The median monthly rent is $925. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Le Mars?

Home values in Le Mars have increased 12.5% 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 Le Mars?

Based on a typical all-in ownership cost of $906/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 Le Mars is $74k/year.

Calculate your buying power
What industries drive the economy in Le Mars?

The largest employment sectors in Le Mars are public administration (25%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.