Total monthly cost of ownership
Cost to Own a Home in Shenandoah, Iowa
A $110,000 home here costs
$1,090per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $46,500 a year.
A standard mortgage calculator would have told you $600. The real number is $491 higher every month, 82% more than the payment most buyers budget for.
Compare Page County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Shenandoah from a five-year rolling sample, and with about 4,913 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Page County figures are drawn from a far larger sample if you want a steadier number.
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 $142 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
Talk to someone who works this market
These are Shenandoah averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Shenandoah every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Shenandoah I already own here and may sell
Common questions
How much does it cost to own a home in Shenandoah?
A $110,000 home in Shenandoah, Iowa costs approximately $1,090 per month with 20% down at 7.24%. That is $600 principal and interest, $141 property tax, $48 homeowners insurance, $210 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 $1,090 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Shenandoah?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Shenandoah, Iowa at today's rate takes a household income of roughly $46,500 a year. That covers the full $1,090 monthly cost, not just the mortgage payment.
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.