Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Rathbun

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

Median Home$159,100
Median Rent$780/month
Population36
Leading IndustriesTransportation · Retail · Construction7% transportation
Home Value Growth⬆⬆+12.5% over 2 years
Retirees25% of residentsabove average nationally
Homeowners88% of occupied units
NotableAffordable Market$159k median home · lower cost than 70% of the country
Rathbun
IA

Frequently Asked Questions

What are today's mortgage rates in Rathbun?

As of today, the 30-year fixed mortgage rate for Rathbun is approximately 6.978% (7.020% 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 Rathbun
What is the median home price in Rathbun?

The median home value in Rathbun is $159k. The median monthly rent is $780. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rathbun?

Home values in Rathbun 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 Rathbun?

Based on a typical all-in ownership cost of $901/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 Rathbun is $67k/year.

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

The largest employment sectors in Rathbun are public administration (26%) and retail (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.