Madrid, IA Housing Statistics

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24%

Med. Home Val. NAT. AVG.

12%

Rent NAT. AVG.

28%

Owner Occ. NAT. AVG.

Madrid Housing Information

Index	Madrid	Iowa	National
Median home price	$248,205	$240,019	$326,622
Median rent asked	$1,265	$1,071	$1,444
Avg. people per household	2.0	2.4	2.6
Owner occupied households	81.1%	71.1%	63.6%
Renter occupied households	18.9%	28.9%	36.4%

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Homes For Sale In Madrid, IA

509 E 1st St

Madrid, IA

112 E 6th St

Madrid, IA

102 S Kennedy Ave

Madrid, IA

215 E 9th St

Madrid, IA

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Housing Quick Facts

The median home price in Madrid is 24% lower than the national average.
The median rent asked in Madrid is 12% lower than the national average.
The average number of people per household in Madrid is 24% lower than the national average.
The number of owner occupied households in Madrid is 28% higher than the national average.
The number of renter occupied households in Madrid is 48% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Bouton, IA	169	$122,503	62%
Perry, IA	7,820	$154,863	53%
Boone, IA	12,825	$209,031	36%
Minburn, IA	413	$212,645	35%
Ogden, IA	1,809	$216,842	34%
Madrid, IA	2,660	$248,205	24%

Cities with similar population

	Population	Home Price	National Avg.
Fillmore, UT	2,660	$302,686	7%
Webster County, GA	2,660	$125,049	62%
Henniker, NH	2,660	$426,952	31%
Swedesboro, NJ	2,661	$354,120	8%
Premont, TX	2,659	$125,008	62%
Madrid, IA	2,660	$248,205	24%

Source: The Madrid, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.