Average Rent In Iowa For January 2024
Average Rent
What is the average rent in Iowa?
The average rent in Iowa for January 2024 is $986, according to the most recent data from ApartmentList - January 3, 2024. The average rent of a 2-bedroom apartment in Iowa is $1,011. The average rent of a 1-bedroom apartment in Iowa is $774.
Compared to the national average of $1,379, Iowa rent costs -28.5% less. Read our analysis of rents by state to see how Iowa ranks.
Here's a look at how average rents have changed over time:
How Does Iowa Rent Compare To The Rest Of The Country?
| Statistic | IA | USA | % Difference |
|---|---|---|---|
| Average Rent | $986 | $1,379 | -28.5% |
| M-o-M Change | -$9 | -$11 | -18.2% |
| Y-o-Y Change | $17 | -$14 | -221.4% |
| M-o-M % Change | -0.9% | -0.8% | - |
| Y-o-Y % Change | 1.8% | -1.0% | - |
Median Rent By Bedrooms In Iowa
1-Bedroom
2-Bedroom
As you would expect, the median price for rent in Iowa increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Iowa clocking in at $774, while a 2-bedroom rental will set you back $1,011 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $505/room/month.
Read on to find out more or for more on Iowa check out:
Month Over Month Iowa Rent Statistics
M-o-M Increase
M-o-M Increase
Iowa has experienced a -$9 change in rent over the past month going from $995 to $986. That change comes out to -0.9%.
For reference, the US national average rent changed -$11 in the past month or -0.8%.
Here's a look at the month over month change for each month since 2017 for Iowa:
Year Over Year Iowa Rent Statistics
Y-o-Y Increase
Y-o-Y Increase
Over the past year, the average rent in Iowa changed $17 from $969 to $986. A change of $17 means that rents changed 1.8% in a year.
That compares to the US national change of -$14 in the past year or -1.0%.
Here's a look at the year over year change by month since 2017 for Iowa:
The 10 Places With The Highest Rent In Iowa
Population: 20,172
Median Rent: $1,201
More on Johnston: Data | Crime | Cost Of Living | Real Estate
Population: 17,721
Median Rent: $1,197
More on North Liberty: Data | Crime | Cost Of Living | Real Estate
Population: 17,980
Median Rent: $1,124
More on Waukee: Data | Crime | Cost Of Living | Real Estate
Population: 11,139
Median Rent: $1,077
More on Grimes: Data | Cost Of Living | Real Estate
Population: 56,237
Median Rent: $1,060
More on Ankeny: Data | Crime | Cost Of Living | Real Estate
Population: 62,999
Median Rent: $1,031
More on West Des Moines: Data | Crime | Cost Of Living | Real Estate
Population: 5,457
Median Rent: $1,028
More on Bondurant: Data | Cost Of Living | Real Estate
Population: 35,293
Median Rent: $995
More on Bettendorf: Data | Crime | Cost Of Living | Real Estate
Population: 73,415
Median Rent: $988
More on Iowa City: Data | Crime | Cost Of Living | Real Estate
Population: 17,134
Median Rent: $984
More on Clive: Data | Crime | Cost Of Living | Real Estate
Learn More About Living In Iowa
About Chris Kolmar
Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.
He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.
If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.
You can find out more about him on LinkedIn.