Average Rent in Iowa: $1,375/mo (2026)

Find fair market rent prices for 2 major metro areas in Iowa. The average 2-bedroom rent across the state is $1,375/mo.

$825
Avg. Studio
$1,100
Avg. 1BR
$1,375
Avg. 2BR
$1,705
Avg. 3BR
2
Cities Tracked
$1,375
Lowest 2BR Rent
$1,375
Highest 2BR Rent

Major Cities in Iowa

Sorted by 2-bedroom rent price (highest to lowest)

1
Cedar Rapids, IA
Studio: $825 | 1BR: $1,100 | 3BR: $1,705
$1,375/mo2BR
2
Des Moines, IA
Studio: $825 | 1BR: $1,100 | 3BR: $1,705
$1,375/mo2BR

Explore Iowa Rent Data

Browse detailed rent prices for cities across Iowa. Each city page includes neighborhood breakdowns, rent trends, and local market insights.

Cedar Rapids Rent PricesDes Moines Rent Prices

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 Cedar Rapids, IA with an average 2-bedroom rent of $1,375/mo, while the most affordable is Des Moines, IA at $1,375/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 $1,375 per month for a 2-bedroom apartment based on 2026 HUD Fair Market Rent data. Prices range from $1,375 in Des Moines to $1,375 in Cedar Rapids.

What is the cheapest city to rent in Iowa?

Des Moines, IA offers the most affordable rent among major Iowa metros at $1,375/month for a 2-bedroom apartment. Studios in Des Moines average $825/month.

What is the most expensive city to rent in Iowa?

Cedar Rapids, IA has the highest rents in Iowa at $1,375/month for a 2-bedroom apartment. This is $0 above the state average.

How much do I need to earn to rent in Iowa?

To comfortably afford the average Iowa 2-bedroom at $1,375/month, you would need an annual income of approximately $55,000 (based on the 30% of income guideline). For the most affordable areas, you would need about $55,000/year.

Is Iowa affordable for renters?

Iowa offers moderate rental costs, with average 2-bedroom rents at $1,375/month. Some cities offer excellent value while others command premium prices.