Housing & Real Estate — Madrid, Iowa

Overview

Total Housing Units1,217
Occupied1,136
Vacant81
Owner-Occupied932
Renter-Occupied204
Median Home Value (Census)$185,600
Estimated 2026~$187,000
Median Rent$1,034/mo
Median Property Tax$2,965/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income13.8%
Severely Rent-Burdened25.9%

Housing Age

Built 2010 or later61
Built 2000-2009107
Built 1990-199955
Built before 1960686
Median Year Built1962
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.