Total monthly cost of ownership
Cost to Own a Home in Avoca, Iowa
A $166,000 home here costs
$1,458per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $853. The real number is $605 higher every month — 71% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Avoca against Pottawattamie County and Iowa
| Measure | Avoca | Pottawattamie County |
|---|---|---|
| Median home value | $165,700 | $183,600 |
| Median property tax | $2,384 | $2,961 |
| Effective tax rate | 1.439% | 1.613% |
| Median gross rent | $873 | $970 |
| Population | 1,369 | 93,407 |
The weather behind that power bill
Avoca sits in Pottawattamie County, which averages a high of 84.7°F in its hottest month and a low of 11.8°F in its coldest, with 36.43" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 914 cooling and 6,555 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Pottawattamie County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pottawattamie County
Full Pottawattamie County cost breakdown · Every county in Iowa
Common questions
How much does it cost to own a home in Avoca?
A $166,000 home in Avoca, Iowa costs approximately $1,458 per month with 20% down at 6.66%. That is $853 principal and interest, $199 property tax, $72 homeowners insurance, $195 utilities and $138 set aside for maintenance.
What is the property tax rate in Avoca?
Avoca has an effective property tax rate of 1.439%, based on a median home value of $165,700 and median real estate taxes of $2,384. That is lower than the Pottawattamie County average of 1.613%.
What is the average home price in Avoca?
The median owner-occupied home value in Avoca, Iowa is $165,700, against $183,600 across Pottawattamie County.
Is it cheaper to rent or buy in Avoca?
Median gross rent in Avoca is $873 a month, against $1,458 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Avoca — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Iowa.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.