The typical owner-occupied home in Treynor is worth about $263,500, 27% above the Iowa median of $208,000 and 21% below the national median of $332,700. Owners pay a median $3,762 a year in property taxes, about 1.43% of their home's value, close to the Iowa rate of 1.39%. The median household earns $121,696 a year, so the median home costs 2.2 times the median income (2.8 times for Iowa). 80% of occupied homes here are lived in by their owners, and 68% of those owners still have a mortgage.
Treynor at a glance
| Treynor | Iowa | U.S. | |
|---|---|---|---|
| Median home value | $263,500 | $208,000 | $332,700 |
| Median property tax paid per year | $3,762 | $2,897 | $3,119 |
| Property tax as a share of value | 1.43% | 1.39% | 0.94% |
| Median household income | $121,696 | $75,059 | $80,734 |
| Homes lived in by their owners | 80% | 72% | 65% |
| Owner homes with a mortgage | 68% | 59% | 61% |
| Median monthly costs, owners with a mortgage | $1,696 | $1,533 | $1,963 |
| Those costs as a share of the owners' income | 13.9% | 18.7% | 21.0% |
| Median rent | $1,122 | $972 | $1,413 |
| Rent as a share of renters' income | 22.3% | 27.4% | 30.6% |
| Median year homes were built | 1973 | 1972 | 1980 |
| Vacant homes | 6.2% | 8.5% | 10.1% |
| Population | 1,126 | 3,210,507 | 334,922,499 |
What a typical home costs per month in Treynor
At this week's average 30-year rate of 7.11%, buying the median Treynor home of $263,500 with 20% down costs about $1,842 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,281, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $78,937 for the 20%-down payment. That payment is 18% of the median Treynor household income of $121,696; at that income and 20% down, the 28% guideline points to a home of about $406,000.
The median rent here is $1,122 a month, so owning the median home costs about $720 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $52,700 |
|---|---|
| Loan amount | $210,800 |
| Principal and interest | $1,418 |
| Property taxes (1.43% a year) | $314 |
| Homeowners insurance (our estimate, 0.5% a year) | $110 |
| PMI | $0 |
| Total per month | $1,842 |
Change the numbers in the calculator
| Down payment | $9,222 |
|---|---|
| Loan amount | $258,727 |
| Principal and interest | $1,740 |
| Property taxes (1.43% a year) | $314 |
| Homeowners insurance (our estimate, 0.5% a year) | $110 |
| FHA mortgage insurance | $117 |
| Total per month | $2,281 |
Change the numbers in the calculator
Questions about home buying in Treynor
What is the median home value in Treynor?
About $263,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Treynor?
Homeowners pay a median $3,762 a year, which is about 1.43% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Treynor?
For the median home with 20% down at 7.11%, the payment is about $1,842 a month. Keeping that under 28% of gross income takes about $78,937 a year.
More about Treynor
- Mortgage Refinance in Treynor
- Debt Relief in Treynor
- Home Equity Loans in Treynor
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data