What percentage of people rent in Melbourne, IA?
24.4% (±8.6 points) of the occupied homes in Melbourne, IA are rented (2020–2024 American Community Survey).
That is 79 renting households against 245 that own their home.
In Melbourne, the share of households that rent went from 23.1% in 2015–2019 to 24.4% in 2020–2024 (+1.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 24.4% (±8.6 points)
- Renting households
- 79 (±35)
- Median renter income
- $39,821 (±$11,816)
Who rents and who owns in Melbourne
| Melbourne | Marshall County | Iowa | United States | |
|---|---|---|---|---|
| Renter-occupied share | 24.4% (±8.6 points) | 25.0% (±2.3 points) | 28.3% (±0.3 points) | 34.8% |
| Renting households | 79 (±35) | 3,874 (±387) | 372,311 (±3,635) | 45,017,354 |
| Owning households | 245 (±40) | 11,622 (±375) | 943,396 (±5,414) | 84,210,142 |
| Average renter household size | 2.1 (±0.8) | 2.3 (±0.2) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.3) | 2.6 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $39,821 (±$11,816) | $55,159 (±$7,062) | $43,297 (±$758) | $52,966 |
| Median owner household income | $81,250 (±$18,084) | $84,426 (±$3,593) | $91,638 (±$512) | $100,009 |
In Melbourne, the renter share is not measurably different from Marshall County (25.0%).
It is not measurably different from Iowa (28.3%).
It is lower than the national figure (34.8%).
In Marshall County, Melbourne ranks 2 of 13 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 318 of 943.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Melbourne has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 23.1% (±8.0 points) | 24.4% (±8.6 points) | +1.3 percentage points | Not a measurable change |
| Median gross rent | $737 (±$33) | $756 (±$53) | +2.6% | Down after inflation |
| Median household income | $68,690 (±$8,623) | $71,667 (±$9,454) | +4.3% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Melbourne
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Melbourne | — | 24.4% (±8.6 points) | — |
| Rhodes | 4.3 mi | 17.8% (±10.3 points) | Not measurably different |
| State Center | 6.0 mi | 17.7% (±7.8 points) | Not measurably different |
| Haverhill | 7.3 mi | 3.5% (±5.0 points) | Lower |
| Baxter | 8.4 mi | 25.6% (±9.5 points) | Not measurably different |
| Laurel | 10 mi | 20.6% (±10.1 points) | Not measurably different |
| Collins | 11 mi | 24.8% (±11.4 points) | Not measurably different |
| Marshalltown | 12 mi | 31.2% (±3.3 points) | Not measurably different |
| Colo | 12 mi | 16.7% (±5.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Haverhill, IA (3.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Marshall County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Marshalltown | 31.2% (±3.3 points) |
| 2 | Melbourne | 24.4% (±8.6 points) |
| 3 | Laurel | 20.6% (±10.1 points) |
| 4 | Rhodes | 17.8% (±10.3 points) |
| 5 | State Center | 17.7% (±7.8 points) |
| 6 | Ferguson | 17.5% (±14.3 points) |
| 7 | St. Anthony | 16.3% (±20.7 points) |
| 8 | Gilman | 14.2% (±7.6 points) |
Showing 8 of 13 places in Marshall County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Melbourne
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Melbourne, save the ones you like and apply online.
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Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Melbourne beside you.
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Do repairs, renovations or maintenance?
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Questions about Melbourne
How many renters are there in Melbourne?
Melbourne has an estimated 79 (±35) renting households, 24.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Melbourne?
In Melbourne, the share of households that rent went from 23.1% in 2015–2019 to 24.4% in 2020–2024 (+1.3 percentage points), not a measurable change.
How big are renting households in Melbourne?
A renting household in Melbourne has 2.1 people on average, against 2.6 in an owned home.
How much do renters earn in Melbourne?
The median renting household in Melbourne, IA has an income of $39,821 (±$11,816) a year, against $81,250 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Melbourne city, Iowa
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Melbourne city, Iowa
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Melbourne city, Iowa
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Melbourne city, Iowa
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Melbourne city, Iowa
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Melbourne city, Iowa (place:50880, in state:19).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Melbourne at a glance
- Income and affordability in Melbourne
- Home values in Melbourne
- Homeowner costs in Melbourne
- Property taxes in Melbourne
- Types of homes in Melbourne
- Bedrooms in Melbourne
- Age of homes in Melbourne
- Heating fuel in Melbourne
- Commute and cars in Melbourne
- How long people stay in Melbourne
- Iowa landlord and tenant rules
- Housing across Marshall County
- Iowa places ranked by share of renters
- Housing data for every place in Iowa