Average Rent in Iowa: $1,200/mo (2026)
Find fair market rent prices for 2 major metro areas in Iowa. The average 2-bedroom rent across the state is $1,200/mo.
Major Cities in Iowa
Sorted by 2-bedroom rent price (highest to lowest)
Explore Iowa Rent Data
Browse detailed rent prices for cities across Iowa. Each city page includes neighborhood breakdowns, rent trends, and local market insights.
Iowa Rental Market Overview
The fair market rent (FMR) data for Iowa is published annually by the U.S. Department of Housing and Urban Development (HUD). These figures represent the 40th percentile of gross rents for standard quality rental housing in each metro area.
Iowa has 2 major metropolitan areas tracked in our database. The most expensive city for renters is Des Moines, IA with an average 2-bedroom rent of $1,260/mo, while the most affordable is Cedar Rapids, IA at $1,140/mo.
What Affects Rent Prices in Iowa?
- Location: Proximity to employment centers and urban amenities significantly impacts rent prices across Iowa metros.
- Local Economy: Job growth and industry presence drive rental demand. Strong employment markets typically have higher rents.
- Housing Supply: Areas with new construction tend to have more rental options and potentially competitive pricing.
- Schools: Quality school districts command premium rents, especially for family-sized apartments.
- Transportation: Access to highways and public transit affects neighborhood desirability and pricing.
Frequently Asked Questions About Iowa Rent
What is the average rent in Iowa?
The average rent in Iowa is $1,200 per month for a 2-bedroom apartment based on 2026 HUD Fair Market Rent data. Prices range from $1,140 in Cedar Rapids to $1,260 in Des Moines.
What is the cheapest city to rent in Iowa?
Cedar Rapids, IA offers the most affordable rent among major Iowa metros at $1,140/month for a 2-bedroom apartment. Studios in Cedar Rapids average $808/month.
What is the most expensive city to rent in Iowa?
Des Moines, IA has the highest rents in Iowa at $1,260/month for a 2-bedroom apartment. This is $60 above the state average.
How much do I need to earn to rent in Iowa?
To comfortably afford the average Iowa 2-bedroom at $1,200/month, you would need an annual income of approximately $48,000 (based on the 30% of income guideline). For the most affordable areas, you would need about $45,600/year.
Is Iowa affordable for renters?
Yes, Iowa is generally affordable for renters compared to national averages. With average 2-bedroom rents at $1,200/month, the state offers good value for many budget-conscious renters.