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Manly

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

Median Home$136,200
Median Rent$702/month
Population1,245
Leading IndustriesWholesale Trade · Construction · Manufacturing11% wholesale trade
Home Value Growth-4.3% over 2 years
Young Adults28% of residentsnear the national average
Homeowners77% of occupied units
NotableAffordable Market$136k median home · lower cost than 79% of the country
Manly
IA

Frequently Asked Questions

What are today's mortgage rates in Manly?

As of today, the 30-year fixed mortgage rate for Manly is approximately 6.990% (7.029% 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 Manly?

The median home value in Manly 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 Manly?

Home values in Manly 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 Manly?

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 Manly is $81k/year.

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What industries drive the economy in Manly?

The largest employment sectors in Manly are public administration (19%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.