Letts, IA housing market
The typical Letts home is worth about $126,000, down 4.1% in a year, 48% below the Iowa typical home.
Home values, sales, trends and how Letts compares with the towns next door — updated as new data is published.
Letts at a glance
Typical home value, 2020–2026
Show as a table
| January | Letts | Iowa |
|---|---|---|
| 2021 | $105,000 | $179,000 |
| 2022 | $111,000 | $195,000 |
| 2023 | $124,000 | $211,000 |
| 2024 | $127,000 | $218,000 |
| 2025 | $128,000 | $228,000 |
| 2026 | $135,000 | $236,000 |
| August 2026 | $126,000 | $240,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,110
HUD's Fair Market Rent for a two-bedroom in Letts is $1,110 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Letts pay a median of $950, so moving in tends to cost more than staying put.
Studio $820 · 4 bedrooms $1,540
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (52754; Louisa County, IA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.