Total monthly cost of ownership
Cost to Own a Home in Shenandoah, Iowa
A $110,000 home here costs
$1,041per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $566. The real number is $476 higher every month — 84% 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.
Shenandoah against Page County and Iowa
| Measure | Shenandoah | Page County |
|---|---|---|
| Median home value | $110,000 | $120,000 |
| Median property tax | $1,693 | $1,721 |
| Effective tax rate | 1.539% | 1.434% |
| Median gross rent | $762 | $731 |
| Population | 4,913 | 15,168 |
Shenandoah extends across 2 counties. Figures here use Page County, where most of its housing sits.
The weather behind that power bill
Shenandoah sits in Page County, which averages a high of 85.8°F in its hottest month and a low of 11.9°F in its coldest, with 36.65" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 965 cooling and 6,292 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Page County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Page County
Common questions
How much does it cost to own a home in Shenandoah?
A $110,000 home in Shenandoah, Iowa costs approximately $1,041 per month with 20% down at 6.66%. That is $566 principal and interest, $141 property tax, $48 homeowners insurance, $195 utilities and $92 set aside for maintenance.
What is the property tax rate in Shenandoah?
Shenandoah has an effective property tax rate of 1.539%, based on a median home value of $110,000 and median real estate taxes of $1,693. That is higher than the Page County average of 1.434%.
What is the average home price in Shenandoah?
The median owner-occupied home value in Shenandoah, Iowa is $110,000, against $120,000 across Page County.
Is it cheaper to rent or buy in Shenandoah?
Median gross rent in Shenandoah is $762 a month, against $1,041 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 Shenandoah — 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.