Total monthly cost of ownership
Cost to Own a Home in Stuart, Iowa
A $152,000 home here costs
$1,417per 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 $60,500 a year.
A standard mortgage calculator would have told you $829. The real number is $588 higher every month, 71% more than the payment most buyers budget for.
Compare Guthrie County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Stuart from a five-year rolling sample, and with about 1,642 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 Guthrie 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.
Stuart against Guthrie County and Iowa
| Measure | Stuart | Guthrie County |
|---|---|---|
| Median home value | $152,300 | $163,900 |
| Median property tax | $2,232 | $2,172 |
| Effective tax rate | 1.466% | 1.325% |
| Median gross rent | $768 | $823 |
| Population | 1,642 | 10,646 |
Stuart extends across 2 counties. Figures here use Guthrie County, where most of its housing sits.
The weather behind that power bill
Stuart sits in Guthrie County, which averages a high of 85.1°F in its hottest month and a low of 9.6°F in its coldest, with 37.14" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 843 cooling and 6,850 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Guthrie County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Guthrie County
Talk to someone who works this market
These are Stuart 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 Stuart every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Stuart I already own here and may sell
Common questions
How much does it cost to own a home in Stuart?
A $152,000 home in Stuart, Iowa costs approximately $1,417 per month with 20% down at 7.24%. That is $829 principal and interest, $186 property tax, $66 homeowners insurance, $210 utilities and $127 set aside for maintenance.
What is the property tax rate in Stuart?
Stuart has an effective property tax rate of 1.466%, based on a median home value of $152,300 and median real estate taxes of $2,232. That is higher than the Guthrie County average of 1.325%.
What is the average home price in Stuart?
The median owner-occupied home value in Stuart, Iowa is $152,300, against $163,900 across Guthrie County.
Is it cheaper to rent or buy in Stuart?
Median gross rent in Stuart is $768 a month, against $1,417 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 Stuart?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Stuart, Iowa at today's rate takes a household income of roughly $60,500 a year. That covers the full $1,417 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Stuart, 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.