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Iowa City Ia, IA Market Trends

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Federal Housing Benchmarks — Iowa (2024)

HUD FMR Studio
$808
HUD FMR 1BR
$870
HUD FMR 2BR
$1,088
HUD FMR 3BR
$1,444
HUD FMR 4BR
$1,630
HUD FMR 5BR+
$1,875

Census median gross rent: $981. Census median home value: $227,300. Housing vacancy rate: 7.9%.

Source: HUD FMR FY2026 + Census ACS 2024 + HUD CHAS. HUD Fair Market Rents are payment standards, not asking rents; 5BR+ estimated as 4BR +15%.

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