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Rental Market Trends in Iowa

Updated July 2026

$997/month

Average Rent

+2%

Increase in the Last Year

+$20

Average Price Increase

Ranked 5th

Least Expensive Rent by State

11,833

Available Rentals

Marion, IA

City with the Lowest Rent

What is the average rent in Iowa?

As of July 2026, the average rent in Iowa is $997/month. When you rent an apartment in Iowa, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $864 per month for a studio, $997 for a one-bedroom apartment, and around $1,175 for a two-bedroom apartment in Iowa. If you opt for a three-bedroom rental, you could pay $1,503 or more.

Bedrooms
Average Rent
Average Sq Ft
Studio
$864/month
451 Sq Ft
One Bedroom
$997/month
657 Sq Ft
Two Bedroom
$1,175/month
937 Sq Ft
Three Bedroom
$1,503/month
1,208 Sq Ft

Rent by City

  • Most Affordable
  • Most Expensive

What are the most affordable cities in Iowa?

Based on current rent prices, the cheapest cities in Iowa to live are Marion, Waterloo and Cedar Rapids.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Marion
$661/month
564 Sq Ft
Waterloo
$818/month
620 Sq Ft
Cedar Rapids
$858/month
635 Sq Ft
Davenport
$907/month
666 Sq Ft
Ames
$923/month
609 Sq Ft
Dubuque
$933/month
579 Sq Ft
Urbandale
$966/month
669 Sq Ft
Sioux City
$969/month
686 Sq Ft
Des Moines
$1,016/month
638 Sq Ft
Iowa City
$1,044/month
630 Sq Ft

What are the most expensive cities in Iowa?

Based on current rent prices, the most expensive cities in Iowa to live are West Des Moines, Bettendorf and Council Bluffs.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
West Des Moines
$1,133/month
739 Sq Ft
Bettendorf
$1,129/month
658 Sq Ft
Council Bluffs
$1,112/month
687 Sq Ft
Ankeny
$1,095/month
711 Sq Ft
Cedar Falls
$1,080/month
649 Sq Ft
Iowa City
$1,044/month
630 Sq Ft
Des Moines
$1,016/month
638 Sq Ft
Sioux City
$969/month
686 Sq Ft
Urbandale
$966/month
669 Sq Ft
Dubuque
$933/month
579 Sq Ft
This information is based on data collected by CoStar Group researchers.†

State

Iowa

11,833 Available Apartments for Rent

Search for Nearby Apartments

Nearby State Markets


Minnesota
$1,365/mo. avg.
+2.2% YOY
Wisconsin
$1,286/mo. avg.
+2.1% YOY
Illinois
$1,736/mo. avg.
+3.4% YOY
Missouri
$1,168/mo. avg.
+2.2% YOY

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US Rent Trends Iowa

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.


State graphics provided by ProPublica    Copyright (c) 2012, ProPublica

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Equal Housing Opportunity