Dubuque, Iowa Housing Market Prices
Dubuque Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 84% below the Iowa median$24,314
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Median rent 3% below the Iowa median$946
Housing Market Overview
| Metric | Dubuque | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $24,314 | $153,425 | $248,835 |
| Price Trend (Annual %) | 13.3% | 7.5% | 7.5% |
| Median Gross Rent | $946 | $971 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Dubuque is about 84% lower than in Iowa. Rent is about 3% lower than the Iowa average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Dubuque, up about 13.3% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Dubuque rose about 34.2% between 2015 and 2024, from $705 to $946. Over the same span, rent in Iowa rose about 39.6%.
Affordability
On average, housing unit costs 0.4 yearly household incomes in Dubuque.
Buying the median-priced home in Dubuque costs roughly 2.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Dubuque. The price-to-rent ratio in Iowa is about 13.2.
| Metric | Dubuque | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $24,314 | $153,425 | $248,835 |
| Median Household Income | $66,073 | $75,133 | $80,455 |
| Price-to-Income Ratio | 0.4 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Dubuque fell about 75.8%, while median household income rose about 59.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Dubuque | Iowa Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.5% | 65.6% | 58.5% |
| Rental Rate | 33.2% | 25.9% | 31.2% |
| Vacancy Rate | 6.3% | 8.5% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Dubuque has a homeownership rate of 60.5%, lower than the Iowa average of 65.6%. Its housing vacancy rate is 6.3%, compared with 8.5% in Iowa.
Housing Stock
| Metric | Dubuque | Iowa Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.12 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1963 | 1971 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Dubuque was built around 1963. On average, 2.1 people live in a home with about 5.7 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Dubuque, Iowa.
What is the median home price in Dubuque, Iowa?
The median home price in Dubuque, Iowa is $24,314, lower than the Iowa average of $153,425.
What is the average home price in Dubuque, Iowa?
The typical home price in Dubuque, Iowa, reported as the median sale price, is $24,314. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Dubuque, Iowa?
The median gross rent in Dubuque, Iowa is $946 per month, lower than the Iowa average of $971.
What was the median gross rent in Dubuque in 2020?
In 2020, the median gross rent in Dubuque, Iowa was $795 per month.
What is the price-to-rent ratio in Dubuque, Iowa?
The price-to-rent ratio in Dubuque, Iowa is about 2.1, meaning it would take roughly 2.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Dubuque.
Are home prices or rent rising faster in Dubuque, Iowa?
Both home prices and rent are rising in Dubuque, up about 13.3% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Dubuque, Iowa?
60.5% of households in Dubuque, Iowa own their home, lower than the Iowa average of 65.6%.
What is the vacancy rate in Dubuque, Iowa?
The housing vacancy rate in Dubuque, Iowa is 6.3%, lower than the Iowa average of 8.5%.
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