salaryRent is lower than in 85% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs about 3.1 years of household income. Commutes are short, about 19.4 minutes. Most homes (85.9%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $41,800 a year. That is $20 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 40 of 86 cities from cheapest to most expensive.
How much do households earn in Eldridge?
Share of households by yearly income. 46.2% of households earn $100,000 or more.
Rent by apartment size in Eldridge
| Size | Eldridge | U.S. average |
|---|---|---|
| 1 bedroom | $1,011 | $1,324 |
| 2 bedrooms | $1,062 | $1,509 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Eldridge 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 Eldridge, so the Iowa figure is shown.
Taxes and bills in Eldridge
Life in Eldridge
Is it cheaper to rent or buy in Eldridge?
Renting is cheaper right now: about $1,387 a month less.
Owning assumes a typical $350,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,050 for the down payment.
Frequently asked questions
What is the average rent in Eldridge, IA?
Renting in Eldridge costs a median of about $1,045 a month in 2026, including utilities. The Iowa median is $1,071.
How much do I need to make to live in Eldridge?
To keep rent under 30% of income, you need about $41,800 a year, or $20 an hour at a full-time job.
Is Eldridge cheap or expensive?
Eldridge is rated Cheap: rent takes 10.9% of the typical household income of $114,662. It ranks 40th cheapest of 86 Iowa cities we track.
How much are property taxes in Eldridge?
The median homeowner in Eldridge pays $3,843 a year in property taxes, about 1.10% of the median home value.
Is Eldridge 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 Eldridge?
The median home value in Eldridge is $350,500, about 3.1 times the typical yearly household income.
6,818 people live in Eldridge. Numbers are typical (middle) values.