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Housing in Le Grand

A typical Le Grand home is worth about $181,000

Up 4.5% in a year, 24% below the Iowa typical home.

Typical home value
$181K
▲ 4.5% in a year · IA $240K
Zillow
2-bedroom rent
$930
a month, utilities in · HUD
Median tax bill
$1,885
IA $2,897

What kind of housing town is Le Grand?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2.4 years of income

Less than across Iowa (3.2 years). Try your own numbers below.

You could afford about
$281,000
Typical Le Grand home $181K

That covers a typical Le Grand home, with $99K to spare.

The typical home, each month
$1,150
Loan $900Tax $200Insurance $50

A two-bedroom rents for about $930 a month here, $220 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Le Grand’s typical property tax (1.29% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

93% of Le Grand households own their home

Half of Le Grand’s homes were built before 1974.

Owners and renters
Own 93%Rent 7%

Iowa: 72% own.

1974
typical home built · IA 1972
$1,885
median property tax bill · IA $2,897
1.29%
of a home’s value, a year in tax · IA 1.39%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Price trend

Home values since 2022

Typical home value by month.

Le GrandIowa
$150K$175K$200K$225K$250K20242026
Show as a table
JanuaryLe GrandIowa
2023$164,000$211,000
2024$166,000$218,000
2025$173,000$228,000
2026$178,000$236,000
August 2026$181,000$240,000
Then & now

A typical Le Grand home worth $158K in February 2022 is worth about $181K today.

+$23K
+4.5%
past year
+14.8%
since 2022

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Renting

A two-bedroom rents for about $930

Renters already here pay a median of $533, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$690
1 bedroom$710
2 bedrooms$930
3 bedrooms$1,230
4 bedrooms$1,240
7%
of households rent · IA 28%
24
renter households
$533
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Marshall County, IA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

1 new home permitted in 2025

Builders were permitted 1 new home in Le Grand in 2025. Over the past 10 years, Le Grand has permitted 12 homes in all.

Single-family2+ homes per building
051015 200020052010201520202025
1
new homes permitted in 2025
0
2026 so far (Jan–Aug)
12
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−33
New homes+9

Between the 2010 and 2020 censuses, Le Grand's population fell by 33 even though 9 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Iowa: 1.3 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025110$308,000
2024110$321,000
2023000—
2022000—
2021220$856,000
2020110$400,000
2019330$678,000
2018110$250,000
2017110$80,000
2016220$350,000
2015000—
2014000—
2013220$250,000
2012000—
2011000—
2010000—
2009000—
2008000—
2007220$260,000
2006220$340,000
2005440$645,000
2004880$630,000
2003550$625,000
200212210$863,000
2001220$172,000
2000000—

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Neighbors talk housing

What Le Grand buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Le Grand still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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