States › Iowa › Washington

Is Washington, IA expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,07139% lower than U.S. average
💵 Families earn per year (2026)$59,720about $4,977/month · 31% lower than U.S. average
🔑 House price$152,30054% lower than U.S. average

Rent is lower than in 84% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.8 minutes.

How much money do I need?

To rent here comfortably, you should earn about $42,840 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 44 of 86 cities from cheapest to most expensive.

Washington
$1,071
$1,125
$1,130

How much do households earn in Washington?

Under $25k
17.7%
$25k–50k
29.6%
$50k–100k
34.5%
$100k–150k
8.5%
$150k+
5.3%

Share of households by yearly income. 13.8% of households earn $100,000 or more.

Rent by apartment size in Washington

SizeWashingtonU.S. average
1 bedroom$712$1,324
2 bedrooms$1,044$1,509
3 bedrooms$1,236$1,698
4 bedrooms$1,054$2,098

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

How expensive is Washington 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 Washington, so the Iowa figure is shown.

Taxes and bills in Washington

🏛️ Property tax$2,663a year · 1.75% of home value · U.S. $3,119
⚡ Electric bill$198a month (typical) · U.S. $156

Life in Washington

Commute to work18.8 minU.S.: 26.4 min
College degree23.6%U.S.: 35.7%
Own their home63.2%U.S.: 65.2%
Below poverty line12.8%U.S.: 12.5%
Unemployment3.3%U.S.: 5.2%

Is it cheaper to rent or buy in Washington?

About the same. Renting and owning cost within $14 of each other each month.

Renting
$1,071
Owning
$1,057

Owning assumes a typical $152,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,230 for the down payment.

Frequently asked questions

What is the average rent in Washington, IA?

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

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

To keep rent under 30% of income, you need about $42,840 a year, or $21 an hour at a full-time job.

Is Washington cheap or expensive?

Washington is rated OK: rent takes 21.5% of the typical household income of $59,720. It ranks 44th cheapest of 86 Iowa cities we track.

How much are property taxes in Washington?

The median homeowner in Washington pays $2,663 a year in property taxes, about 1.75% of the median home value.

Is Washington 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 Washington?

The median home value in Washington is $152,300, about 2.6 times the typical yearly household income.

7,290 people live in Washington. Numbers are typical (middle) values.