Rent is lower than in 82% of U.S. cities. 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 $43,600 a year. That is $21 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 47 of 86 cities from cheapest to most expensive.
How much do households earn in Perry?
Share of households by yearly income. 13.2% of households earn $100,000 or more.
Rent by apartment size in Perry
| Size | Perry | U.S. average |
|---|---|---|
| 1 bedroom | $737 | $1,324 |
| 2 bedrooms | $1,017 | $1,509 |
| 3 bedrooms | $1,082 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Perry 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 Perry, so the Iowa figure is shown.
Taxes and bills in Perry
Life in Perry
Is it cheaper to rent or buy in Perry?
Buying is cheaper month to month: about $248 a month less than renting.
Owning assumes a typical $121,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $12,140 for the down payment.
Frequently asked questions
What is the average rent in Perry, IA?
Renting in Perry costs a median of about $1,090 a month in 2026, including utilities. The Iowa median is $1,071.
How much do I need to make to live in Perry?
To keep rent under 30% of income, you need about $43,600 a year, or $21 an hour at a full-time job.
Is Perry cheap or expensive?
Perry is rated Cheap: rent takes 17.6% of the typical household income of $74,319. It ranks 47th cheapest of 86 Iowa cities we track.
How much are property taxes in Perry?
The median homeowner in Perry pays $2,129 a year in property taxes, about 1.75% of the median home value.
Is Perry 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 Perry?
The median home value in Perry is $121,400, about 1.6 times the typical yearly household income.
7,985 people live in Perry. Numbers are typical (middle) values.