salaryRent is higher than in 52% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 16.4 minutes. Most homes (91.6%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $67,320 a year. That is $32 an hour at a full-time job.
Is rent cheaper than other Iowa cities?
No. Rent here is more expensive than in most of Iowa. It is number 82 of 86 cities from cheapest to most expensive.
How much do households earn in Asbury?
Share of households by yearly income. 50.9% of households earn $100,000 or more.
Rent by apartment size in Asbury
| Size | Asbury | U.S. average |
|---|---|---|
| 2 bedrooms | $1,419 | $1,509 |
| 3 bedrooms | $1,991 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Asbury overall?
Everyday prices in Iowa overall are 12% below the U.S. average (index 87.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Asbury, so the Iowa figure is shown.
Taxes and bills in Asbury
Life in Asbury
Is it cheaper to rent or buy in Asbury?
Renting is cheaper right now: about $669 a month less.
Owning assumes a typical $339,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,900 for the down payment.
Frequently asked questions
What is the average rent in Asbury, IA?
Renting in Asbury costs a median of about $1,683 a month in 2026, including utilities. The Iowa median is $1,071.
How much do I need to make to live in Asbury?
To keep rent under 30% of income, you need about $67,320 a year, or $32 an hour at a full-time job.
Is Asbury cheap or expensive?
Asbury is rated Cheap: rent takes 15.0% of the typical household income of $134,766. It ranks 82nd cheapest of 86 Iowa cities we track.
How much are property taxes in Asbury?
The median homeowner in Asbury pays $4,370 a year in property taxes, about 1.29% of the median home value.
Is Asbury more expensive than the national average?
Overall prices in Iowa are 12% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Asbury?
The median home value in Asbury is $339,000, about 2.5 times the typical yearly household income.
5,989 people live in Asbury. Numbers are typical (middle) values.