salaryRent is lower than in 65% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $54,680 a year. That is $26 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 66 of 86 cities from cheapest to most expensive.
How much do households earn in North Liberty?
Share of households by yearly income. 39.4% of households earn $100,000 or more.
Rent by apartment size in North Liberty
| Size | North Liberty | U.S. average |
|---|---|---|
| Studio | $1,215 | $1,338 |
| 2 bedrooms | $1,268 | $1,509 |
| 3 bedrooms | $1,911 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is North Liberty 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 North Liberty, so the Iowa figure is shown.
Taxes and bills in North Liberty
Life in North Liberty
Is it cheaper to rent or buy in North Liberty?
Renting is cheaper right now: about $741 a month less.
Owning assumes a typical $303,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $30,380 for the down payment.
Frequently asked questions
What is the average rent in North Liberty, IA?
Renting in North Liberty costs a median of about $1,367 a month in 2026, including utilities. The Iowa median is $1,071.
How much do I need to make to live in North Liberty?
To keep rent under 30% of income, you need about $54,680 a year, or $26 an hour at a full-time job.
Is North Liberty cheap or expensive?
North Liberty is rated Cheap: rent takes 14.9% of the typical household income of $110,117. It ranks 66th cheapest of 86 Iowa cities we track.
How much are property taxes in North Liberty?
The median homeowner in North Liberty pays $4,321 a year in property taxes, about 1.42% of the median home value.
Is North Liberty 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 North Liberty?
The median home value in North Liberty is $303,800, about 2.8 times the typical yearly household income.
21,125 people live in North Liberty. Numbers are typical (middle) values.