St. Lucas: Housing & Real Estate
The median St. Lucas home is valued at $134,400 (estimated market value runs 14% higher at $153,355), with median rent $-666,666,666. Homeownership rate: 96.4%. That's 1.1× higher than the Fayette County median ($123,000); 1.4× below the Iowa median ($187,019). Market is warm. Vacancy rate 32.0%. New construction makes up 2.6% of stock. A municipal building code is in effect.
- 1.3× annual income — home value vs. household income (vs Iowa 2.5×).
- 4-BR rent is 2.1× a studio — rent gradient by unit size.
Home Values & Rent
Median home value $134,400 — 0.7× the Iowa median ($187,019). Median rent $-666,666,666/month. homeownership rate 96.4% — above the U.S. share of ~65%.
| Affordability · Home Price To Income | 1.3× |
|---|---|
| Affordability · Home Affordability | affordable |
| Affordability · Poverty Rate | 5.8% |
| Affordability · Property Tax Pct Income | 1.4% |
| Fair Market Rent · Studio rent | $682 |
| Fair Market Rent · One-bedroom rent | $723 |
| Fair Market Rent · Two-bedroom rent | $919 |
| Fair Market Rent · Three-bedroom rent | $1,210 |
| Fair Market Rent · Four-bedroom rent | $1,439 |
| Fair Market Rent · HUD FMR area | Fayette County, IA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $153,355 |
| Median Home Value | $134,400 (vs Iowa $187,019) |
| Median Rent | $-666,666,666 (vs Iowa $897) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 32.0% |
| Housing Market · New construction (% of stock) | 2.6% |
| Housing Market · Price Appreciation 2Yr | 19.5% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 99.2% |
| Broadband · Broadband-capable premises | 121 |
| Electricity · Electricity rate (¢/kWh) | 13.40¢/kWh |
| Electricity · Customers | 1,448,818 |
| Electricity · Revenue Millions | $1,939 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0% |
| Mobile Broadband · 4G mobile coverage | 100% |
| Mobile Broadband · 5G mobile coverage | 100% |
| Mobile Home Parks Detail · County total | 2 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 96.4% |
|---|---|
| Median Year Built | 1958 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12