Iowa County, Iowa Housing Market Prices
Iowa County 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 78% below the Iowa median Cheaper than 86% of counties in Iowa$33,999
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Median rent 29% below the Iowa median Among the top 5 cheapest counties in Iowa$685
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Iowa County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $33,999 | $153,425 | $248,835 |
| Price Trend (Annual %) | 4.2% | 7.5% | 7.5% |
| Median Gross Rent | $685 | $971 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Iowa County is about 78% lower than in Iowa. Rent is about 29% 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 Iowa County, up about 4.2% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Iowa County rose about 31.8% between 2015 and 2024, from $520 to $685. Over the same span, rent in Iowa rose about 39.6%.
Affordability
On average, housing unit costs 0.5 yearly household incomes in Iowa County.
Buying the median-priced home in Iowa County costs roughly 4.1 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 Iowa County. The price-to-rent ratio in Iowa is about 13.2.
| Metric | Iowa County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $33,999 | $153,425 | $248,835 |
| Median Household Income | $71,556 | $75,133 | $80,455 |
| Price-to-Income Ratio | 0.5 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Iowa County fell about 27.0%, while median household income rose about 23.8% 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 | Iowa County | Iowa Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 71.8% | 65.6% | 58.5% |
| Rental Rate | 21.9% | 25.9% | 31.2% |
| Vacancy Rate | 6.2% | 8.5% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Iowa County has a homeownership rate of 71.8%, higher than the Iowa average of 65.6%. Its housing vacancy rate is 6.2%, compared with 8.5% in Iowa.
Housing Stock
| Metric | Iowa County | Iowa Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.34 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1968 | 1971 | 1978 |
| Median Number of Rooms | 6.7 | 5.9 | 5.5 |
The typical housing unit in Iowa County was built around 1968. On average, 2.3 people live in a home with about 6.7 rooms, staying for about 17.0 years on average.
Iowa County, IA Housing Compared With Nearby Counties
How Iowa County, IA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Iowa County, IA | 16,507 | $33,999 #3/3 | $685 #3/3 | 76.6% #2/3 |
| Benton County, IA | 25,722 | $45,471 | $826 | 85.0% |
| Johnson County, IA | 156,634 | $195,175 | $1,122 | 59.4% |
Frequently Asked Questions
Common questions about the housing market in Iowa County, Iowa.
What is the median home price in Iowa County, Iowa?
The median home price in Iowa County, Iowa is $33,999, lower than the Iowa average of $153,425.
What is the average home price in Iowa County, Iowa?
The typical home price in Iowa County, Iowa, reported as the median sale price, is $33,999. 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 Iowa County, Iowa?
The median gross rent in Iowa County, Iowa is $685 per month, lower than the Iowa average of $971.
What was the median gross rent in Iowa County in 2020?
In 2020, the median gross rent in Iowa County, Iowa was $614 per month.
What is the price-to-rent ratio in Iowa County, Iowa?
The price-to-rent ratio in Iowa County, Iowa is about 4.1, meaning it would take roughly 4.1 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 Iowa County.
Are home prices or rent rising faster in Iowa County, Iowa?
Both home prices and rent are rising in Iowa County, up about 4.2% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Iowa County, Iowa?
71.8% of households in Iowa County, Iowa own their home, higher than the Iowa average of 65.6%.
What is the vacancy rate in Iowa County, Iowa?
The housing vacancy rate in Iowa County, Iowa is 6.2%, lower than the Iowa average of 8.5%.
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