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City Report · IA

Clinton

Pop. 24,322·32nd most expensive in Iowa·One of the most affordable rental markets in the US
Median rent (all units)
$775/mo
Year-over-Year
Stable
Month-over-Month
-2.1%
vs US Median
-$1,187
Falling (Monthly)
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Most AffordableMost Expensive
Clinton · $775
More affordable than 100% of US cities · National median $1,962/mo
Affordability
15% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $775/mo, rent takes about 15% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$31,000/yr
Local median income
$60,230/yr
Based on the 30%-of-income rule using Clinton's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$670
1 BR
$720
2 BR
$940
3 BR
$1,150
4 BR+
$1,380
Fair Market Rent (HUD)
$940/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $775 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$9,300/yr
At $775/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -2.1% MoM), not inventory.
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Demographics

Who lives here

Clinton, IA is majority owner-occupied, has a large retiree population, has a median income below the national average, 20.8% of residents hold a bachelor's degree or higher.

Population
24,322
Median income
$60,230
Median age
44
Renters
30.9%
Age distribution
20.5%
19.3%
24%
14.9%
21.3%
Under 1820.5%
18–3419.3%
35–5424%
55–6414.9%
65+21.3%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
86.3%
White86.3%
Black5.3%
Hispanic4.8%
Asian0.5%
Other3.1%
Education (25+)
36.2%
33.3%
20.8%
No HS diploma9.6%
HS diploma36.2%
Some college33.3%
Bachelor's+20.8%
Housing tenure
69.1%
30.9%
Owner69.1%
Renter30.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Clinton, IA has changed in 5 years

Income
$50,154 → $60,230
up 20.1%
Population
24,651 → 24,322
down 1.3%
Renter share
31.6% → 30.9%
-0.7 pts
Bachelor's+
20% → 20.8%
+0.8 pts
Median age
42.1 → 44
+1.9 yrs

Median household income climbed from $50,154 to $60,230 between 2021 and 2024, a 20.1% shift. Census counts show Clinton, IA losing about 329 residents over the five-year window, down 1.3% on net.

Community

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View Clinton rent history (2015–2026) →
Salary vs rent

Can you afford rent in Clinton on your salary?

At $775/mo, how Clinton rent compares to typical pay (30% rule).

By apartment size

Clinton rent by bedroom count

Median rent for each apartment size in Clinton. Click any size for full breakdown.

Local insights

Tips for renters in Clinton

About renting in Clinton, IA

Last updated: August 17, 2026

The median rent in Clinton is $775/mo as of August 2026. A studio apartment averages $670/mo while a 2-bedroom runs $940/mo. One-bedroom apartments average $720/mo and 3-bedroom units go for $1,150/mo.

At 15% of local median household income ($60,230/yr), Clinton ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Clinton an affordable city for renters?

Clinton is considered very affordable for renters. At $775/mo, rent takes approximately 15% of the local median household income ($60,230/yr). The standard benchmark is 30%. Clinton falls comfortably within that range.

How much income do you need to rent in Clinton?

To keep rent at or below 30% of gross income, you would need to earn at least $31,000/year (~$15/hour full-time) to afford the median rent of $775/mo in Clinton. The local median household income is $60,230/yr, meaning the typical Clinton household meets that threshold.

Is rent going up or down in Clinton?

Rent in Clinton has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Clinton rent compare to other cities in Iowa?

Clinton is one of the more affordable cities in Iowa for rent, ranking #32 out of 33 tracked cities at $775/mo.

What percentage of Clinton residents rent vs. own?

According to Census data, approximately 30.9% of Clinton households are renters, while 69.1% are owner-occupied. Clinton leans toward homeownership, which can mean a smaller rental inventory.

How does Clinton rent compare to the national average?

Clinton's median rent of $775/mo is $1,187 (60%) below the US national median of $1,962/mo. Within Iowa, it ranks #32 out of 33 tracked cities.
Income Affordability
15%
VERY AFFORDABLE

At $775/mo, rent takes ~15% of Clinton's median household income ($60,230/yr). The standard benchmark is 30%.

Clinton 15%Benchmark 30%
State income tax3.8%
Run the Clinton affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Clinton, IA

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