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Rental Market Trends in Iowa

$995/month

Average Rent

+2.3%

Increase in the Last Year

+$22

Average Price Increase

Ranked 5th

Least Expensive Rent by State

9,663

Available Rentals

Marion, IA

City with the Lowest Rent

What is the average rent in Iowa?

As of September 2026, the average rent in Iowa is $995/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 $869 per month for a studio, $995 for a one-bedroom apartment, and around $1,179 for a two-bedroom apartment in Iowa. If you opt for a three-bedroom rental, you could pay $1,509 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$869/month
451 Sq Ft
One Bedroom
$995/month
660 Sq Ft
Two Bedroom
$1,179/month
938 Sq Ft
Three Bedroom
$1,509/month
1,210 Sq Ft

Rent by City

Last Updated Today
  • 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, Cedar Rapids and Waterloo.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Marion
$674/month
556 Sq Ft
Cedar Rapids
$863/month
634 Sq Ft
Waterloo
$872/month
631 Sq Ft
Davenport
$900/month
664 Sq Ft
Ames
$914/month
609 Sq Ft
Dubuque
$943/month
560 Sq Ft
Urbandale
$968/month
669 Sq Ft
Sioux City
$974/month
683 Sq Ft
Des Moines
$1,022/month
642 Sq Ft
Iowa City
$1,045/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
$1,129/month
738 Sq Ft
Bettendorf
$1,126/month
669 Sq Ft
Council Bluffs
$1,112/month
731 Sq Ft
Ankeny
$1,101/month
708 Sq Ft
Cedar Falls
$1,077/month
646 Sq Ft
Iowa City
$1,045/month
630 Sq Ft
Des Moines
$1,022/month
642 Sq Ft
Sioux City
$974/month
683 Sq Ft
Urbandale
$968/month
669 Sq Ft
Dubuque
$943/month
560 Sq Ft
This information is based on data collected by CoStar Group researchers.†

State

Iowa

9,663 Available Apartments for Rent

Search for Nearby Apartments

Nearby State Markets


Minnesota
$1,366/mo. avg.
+2.2% YOY
Wisconsin
$1,285/mo. avg.
+2.1% YOY
Illinois
$1,738/mo. avg.
+3.3% YOY
Missouri
$1,169/mo. avg.
+2.4% 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