States › Iowa › Creston

Is Creston, IA expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$77756% lower than U.S. average
💵 Families earn per year (2026)$56,765about $4,730/month · 35% lower than U.S. average
🔑 House price$114,50066% lower than U.S. average

Rent 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 12.3 minutes.

How much money do I need?

To rent here comfortably, you should earn about $31,080 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 3 of 86 cities from cheapest to most expensive.

Creston
$777
$1,125
$1,130

How much do households earn in Creston?

Under $25k
21.9%
$25k–50k
25.3%
$50k–100k
37.5%
$100k–150k
6.0%
$150k+
1.9%

Share of households by yearly income. 8.0% of households earn $100,000 or more.

Rent by apartment size in Creston

SizeCrestonU.S. average
1 bedroom$382$1,324
2 bedrooms$900$1,509
3 bedrooms$1,116$1,698
4 bedrooms$940$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Creston overall?

Everyday prices in Iowa overall are 12% below the U.S. average (index 87.8, U.S. = 100).

Housing
65
Goods (food, clothes…)
94
Utilities
83
Other services
93
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Creston, so the Iowa figure is shown.

Taxes and bills in Creston

🏛️ Property tax$2,096a year · 1.83% of home value · U.S. $3,119
⚡ Electric bill$191a month (typical) · U.S. $156

Life in Creston

Commute to work12.3 minU.S.: 26.4 min
College degree23.9%U.S.: 35.7%
Own their home64.4%U.S.: 65.2%
Below poverty line15.8%U.S.: 12.5%
Unemployment3.6%U.S.: 5.2%

Is it cheaper to rent or buy in Creston?

About the same. Renting and owning cost within $17 of each other each month.

Renting
$777
Owning
$794

Owning assumes a typical $114,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,450 for the down payment.

Frequently asked questions

What is the average rent in Creston, IA?

Renting in Creston costs a median of about $777 a month in 2026, including utilities. The Iowa median is $1,071.

How much do I need to make to live in Creston?

To keep rent under 30% of income, you need about $31,080 a year, or $15 an hour at a full-time job.

Is Creston cheap or expensive?

Creston is rated Cheap: rent takes 16.4% of the typical household income of $56,765. It ranks 3rd cheapest of 86 Iowa cities we track.

How much are property taxes in Creston?

The median homeowner in Creston pays $2,096 a year in property taxes, about 1.83% of the median home value.

Is Creston 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 Creston?

The median home value in Creston is $114,500, about 2.0 times the typical yearly household income.

7,435 people live in Creston. Numbers are typical (middle) values.