In Newton, a typical home is worth $153,700 and typical rent is $819 a month. Compared with all of Jasper County, typical household income is 19% lower, the typical home value is 17% lower, and the share of households that own their home is 11 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $157,248 to $202,780.
Typical rent
$947a month
Typical rent from Zillow, December 2025 to September 2026: from $915 to $947.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Newton is in Jasper County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Jasper County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Marshalltown, the typical home value is $127,700: 17% less than in Newton ($153,700).
2
The typical household income in Newton is $57,771,19% less than in Jasper County as a whole ($71,311).
3
The typical home in Newton is worth $153,700,17% less than in Jasper County as a whole ($186,300).
4
62% of households in Newton own their home, against 72% in Jasper County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Newton
What homes there are in Newton, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Newton
Jasper County
Iowa
United States
Kind of home: Newton and its comparisons
Measure
Newton
Jasper County
Iowa
United States
Detached house
68%
77%
72%
61%
Attached house
3%
3%
5%
6%
Building of 2 to 4
10%
8%
6%
8%
Apartments (5 or more)
18%
10%
14%
19%
Mobile home
Unreliable estimate
3%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is still the most common home in Newton, but it weighs less than in Jasper County: 68% against 77%.
Year built
Before 19601960–19791980–19992000–20092010 or later
Newton
Jasper County
Iowa
United States
Year built: Newton and its comparisons
Measure
Newton
Jasper County
Iowa
United States
Before 1960
44%
43%
38%
26%
1960–1979
34%
29%
24%
24%
1980–1999
13%
15%
17%
25%
2000–2009
5%
7%
11%
14%
2010 or later
4%
5%
11%
11%
In Newton, half of the homes were built before 1963; in Jasper County, before 1965.
There are fewer big homes in Newton than in Jasper County: 53% have 3 bedrooms or more, against 63%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K23%
$100K–$200K46%
$200K–$300K19%
$300K–$500K9%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Newton and its comparisons
Measure
Newton
Under $100K
23%
$100K–$200K
46%
$200K–$300K
19%
$300K–$500K
9%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
With an FHA limit of $541,287, at least 97% of owner-occupied homes in Newton sit below it: they are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99956%
$1,000–$1,49927%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Newton and its comparisons
Measure
Newton
Under $500
Unreliable estimate
$500–$999
56%
$1,000–$1,499
27%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,271 a month
Jasper County: $1,402 a month
Without a mortgage
$597 a month
Jasper County: $607 a month
Owners with a mortgage
63%
Jasper County: 60%
In Newton, 63% of owners have a mortgage, and their typical cost is $1,271 a month, against $1,402 in Jasper County. Without one it drops to $597.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Newton+35%
Jasper County+39%
Iowa+41%
United States+53%
Typical rent
Newton+11%
Jasper County+15%
Iowa+23%
United States+33%
Typical household income
Newton+19%
Jasper County+21%
Iowa+24%
United States+29%
Change since 2015–2019: Newton and its comparisons
Measure
Newton
Jasper County
Iowa
United States
Typical home value
+35%
+39%
+41%
+53%
Typical rent
+11%
+15%
+23%
+33%
Typical household income
+19%
+21%
+24%
+29%
From 2015–2019 to 2020–2024, the typical home value in Newton rose 35%; in Jasper County, it rose 39%.
Rents in Newton rose more slowly than in Jasper County: 11% since 2015–2019, against 15%.
While home values in Newton changed +35% and rent +11%, the typical household income rose 19%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Newton and its comparisons
Measure
Newton
Jasper County
Iowa
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.7%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
Unreliable estimate
1.4%
1.6%
3.4%
People per household
2.26
2.40
2.36
2.53
Drive alone
77%
78%
76%
69%
Carpool
10%
8%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
2%
3%
3%
Work from home
10%
11%
11%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
10 to 19 minutes
20 to 29 minutes
10 to 19 minutes
20 to 29 minutes
Households in Newton are smaller: 2.26 people on average; in Jasper County, 2.40.
In Newton, 77% of workers drive alone to work; in Jasper County, 78%.
Do the math
What would you pay each month for a home in Newton?
A typical home is tight for the typical income
We start with a typical home in Newton, worth $153,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 29% of the typical household income in Newton, which is $57,771 a year. For that payment to be 28% of income, a household would need to earn about $59,244 a year.
The calculator's FHA and conventional loan limits are those of all of Jasper County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Newton. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $5,380 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,382
at 7.18% · 30 years
Loan amount
$150,916
Total interest
$217,132
Paid off in
November 2056
Includes $2,596 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,348 a month
Tight
$1,348 to $1,733 a month
Your payment · 29%
Hard
more than $1,733 a month
Compared with the typical household income in Newton ($57,771 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,022
Property tax
$228
Home insurance
$64
FHA mortgage insurance (MIP)
$68
You need at least $5,380 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,382; principal and interest $1,022.
The city and its county
Newton and Jasper County
Newton is in Jasper County, Iowa. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Newton
Map of Jasper County, Iowa, with Newton marked. Around it, the neighboring counties.
Newton
Jasper County
Other cities with a page
Newton's own numbers
Typical home value
$153,700
Typical monthly rent
$819
Typical yearly household income
$57,771
Households that own their home
62%
Effective property tax rate
1.78%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Jasper County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$989
Price change over 5 years (FHFA)
+47%
Homes in a high flood-risk zone
0.4%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Jasper County.
A typical home in Newton is worth $153,700: 17% below the county and 26% below Iowa. With the typical household income in Newton ($57,771 a year), a typical home costs 2.7 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Newton2.7 years
Jasper2.6 years
Iowa2.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Jasper County
According to FHFA’s house price index, home prices in Jasper County rose 77% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Jasper County.
Yearly change in FHFA’s price index in Jasper County, 2016 to 2025
2016: +1.5% +1.5% 2016
2017: +7.0% +7.0% 2017
2018: +3.2% +3.2% 2018
2019: +5.8% +5.8% 2019
2020: +1.1% +1.1% 2020
2021: +9.9% +9.9% 2021
2022: +13.3% +13.3% 2022
2023: +10.9% +10.9% 2023
2024: +6.0% +6.0% 2024
2025: +0.6% +0.6% 2025
Change in FHFA’s price index in Jasper County, Iowa and the United States
Period
County
Iowa
U.S.
Last year (2025)
+0.6%
+3.2%
+2.9%
5 years (2020–2025)
+47%
+41%
+47%
10 years (2015–2025)
+77%
+65%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Newton next to Jasper County, Iowa and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Newton$153,700
Jasper$186,300
Iowa$208,000
United States$332,700
Typical monthly rent
Newton$819
Jasper$836
Iowa$972
United States$1,413
Typical yearly household income
Newton$57,771
Jasper$71,311
Iowa$75,059
United States$80,734
See the full table
Newton next to Jasper County and Iowa
Measure
Newton
Jasper County
Iowa
U.S.
Typical home value
$153,700 ▼17% below the county
$186,300
$208,000
$332,700
Typical monthly rent
$819 ▼2% below the county
$836
$972
$1,413
Typical yearly household income
$57,771 ▼19% below the county
$71,311
$75,059
$80,734
Households that own their home
62% ▼11 points below the county
72%
72%
65%
Typical yearly property tax
$2,742 ▲4% above the county
$2,633
$2,897
$3,119
Effective property tax rate
1.78% ▲0.37 points above the county
1.41%
1.39%
0.94%
Renters with high rent for their income
51% ▲5 points above the county
47%
44%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Jasper County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Newton
For a typical $153,700 home in Newton, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Newton's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,382a month
Least cash to close
Down payment
$5,380
Cash to close
$9,991
Rate
7.18%
Mortgage insurance
FHA MIP · $68
Conventional, 5% down$1,354a month
Down payment
$7,685
Cash to close
$12,296
Rate
7.18%
Mortgage insurance
PMI · $73
Conventional, 20% down, no PMI$1,125a month
Down payment
$30,740
Cash to close
$35,351
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,267a month
Down payment
$23,055
Cash to close
$27,666
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Newton
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,382
$5,380
$150,916
7.18%
FHA MIP · $68
$9,991
580
Conventional, 5% down
$1,354
$7,685
$146,015
7.18%
PMI · $73
$12,296
620*
Conventional, 20% down, no PMI
$1,125
$30,740
$122,960
7.18%
None
$35,351
620*
ITIN, 15% down (example)
$1,267
$23,055
$130,645
8.18%
None
$27,666
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Newton is $819 a month: 2% below the county. In Newton, 51% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Jasper County, by unit size. To pay the 2-bedroom one ($989 a month) without spending more than 30% of your income, you would need to earn $19.02 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Jasper County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$782
$15.04
$31,280
1 bedroom
$787
$15.13
$31,480
2 bedrooms
$989
$19.02
$39,560
3 bedrooms
$1,330
$25.58
$53,200
4 bedrooms
$1,395
$26.83
$55,800
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Newton
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Newton is in ZIP code 50208.
For 2 bedrooms it is $1,000: $11 more than the fair market rent for Jasper County ($989).
Fair market rent by ZIP code and size in Newton, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
50208
$790
$800
$1,000
$1,340
$1,410
ZIP code2 bd3 bd
50208 $1,000$1,340
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Newton when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Jasper County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Newton or Jasper County. The ones below are statewide in Iowa: they work in Newton the same as in the rest of the state.
With the Iowa state authority's FirstHome mortgage, a first-time buyer can get a second loan of up to 3% of the price (maximum $10,000) or up to 5% (maximum $15,000), with no monthly payments, repaid when you sell, refinance or pay off the mortgage.Offered by Iowa Finance Authority (IFA).
Iowa state authority second loan, with the Homes for Iowans mortgage, of up to 3% of the price (maximum $10,000) or 5% (maximum $15,000) for the down payment and closing costs; no monthly payments, and for any buyer.Offered by Iowa Finance Authority (IFA).
No legal help resource on our list is for Newton or Jasper County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Newton and all of Jasper County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Newton?
The typical home value in Newton is $153,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Jasper County it is $186,300.
How much does it cost to rent in Newton?
Typical rent in Newton is $819 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Jasper County is $989.
What is the FHA loan limit in Newton?
Newton uses the FHA limit for all of Jasper County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Newton?
The typical homeowner in Newton pays $2,742 a year, according to the U.S. Census Bureau. That is 1.78% of the home’s value; in Jasper County, the rate is 1.41%.
Where can I find free help to buy or rent in Newton?
We found no HUD-approved counseling agencies with an office in Jasper County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
