salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 11.8 minutes.
How much money do I need?
To rent here comfortably, you should earn about $31,920 a year. That is $15 an hour at a full-time job.
Is rent cheaper than other Iowa cities?
Yes. Rent here is cheaper than in most of Iowa. It is number 5 of 86 cities from cheapest to most expensive.
How much do households earn in Carroll?
Share of households by yearly income. 21.0% of households earn $100,000 or more.
Rent by apartment size in Carroll
| Size | Carroll | U.S. average |
|---|---|---|
| 1 bedroom | $652 | $1,324 |
| 2 bedrooms | $803 | $1,509 |
| 3 bedrooms | $946 | $1,698 |
| 4 bedrooms | $1,033 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Carroll 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 Carroll, so the Iowa figure is shown.
Taxes and bills in Carroll
Life in Carroll
Is it cheaper to rent or buy in Carroll?
Renting is cheaper right now: about $511 a month less.
Owning assumes a typical $188,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,870 for the down payment.
Frequently asked questions
What is the average rent in Carroll, IA?
Renting in Carroll costs a median of about $798 a month in 2026, including utilities. The Iowa median is $1,071.
How much do I need to make to live in Carroll?
To keep rent under 30% of income, you need about $31,920 a year, or $15 an hour at a full-time job.
Is Carroll cheap or expensive?
Carroll is rated Cheap: rent takes 12.7% of the typical household income of $75,178. It ranks 5th cheapest of 86 Iowa cities we track.
How much are property taxes in Carroll?
The median homeowner in Carroll pays $2,409 a year in property taxes, about 1.28% of the median home value.
Is Carroll 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 Carroll?
The median home value in Carroll is $188,700, about 2.5 times the typical yearly household income.
10,208 people live in Carroll. Numbers are typical (middle) values.