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 14.4 minutes.
How much money do I need?
To rent here comfortably, you should earn about $33,400 a year. That is $16 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 9 of 86 cities from cheapest to most expensive.
How much do households earn in Centerville?
Share of households by yearly income. 12.0% of households earn $100,000 or more.
Rent by apartment size in Centerville
| Size | Centerville | U.S. average |
|---|---|---|
| 1 bedroom | $591 | $1,324 |
| 2 bedrooms | $898 | $1,509 |
| 3 bedrooms | $858 | $1,698 |
| 4 bedrooms | $991 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Centerville 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 Centerville, so the Iowa figure is shown.
Taxes and bills in Centerville
Life in Centerville
Is it cheaper to rent or buy in Centerville?
Buying is cheaper month to month: about $120 a month less than renting.
Owning assumes a typical $103,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $10,300 for the down payment.
Frequently asked questions
What is the average rent in Centerville, IA?
Renting in Centerville costs a median of about $835 a month in 2026, including utilities. The Iowa median is $1,071.
How much do I need to make to live in Centerville?
To keep rent under 30% of income, you need about $33,400 a year, or $16 an hour at a full-time job.
Is Centerville cheap or expensive?
Centerville is rated Cheap: rent takes 20.0% of the typical household income of $50,218. It ranks 9th cheapest of 86 Iowa cities we track.
How much are property taxes in Centerville?
The median homeowner in Centerville pays $1,540 a year in property taxes, about 1.50% of the median home value.
Is Centerville 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 Centerville?
The median home value in Centerville is $103,000, about 2.1 times the typical yearly household income.
5,372 people live in Centerville. Numbers are typical (middle) values.