Property Prices in Iowa City, IA, United States

Index Info
Price to Income Ratio: 3.28
Mortgage as Percentage of Income: 24.80%
Loan Affordability Index: 4.03
Price to Rent Ratio - City Centre: 8.49
Price to Rent Ratio - Outside of Centre: 10.45
Gross Rental Yield (City Centre): 11.77%
Gross Rental Yield (Outside of Centre): 9.57%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 998.75 $ 800.00-1,200.00
Apartment (1 bedroom) Outside of Centre 732.86 $ 650.00-800.00
Apartment (3 bedrooms) in City Centre 1,842.83 $ 1,600.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,297.43 $ 1,200.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 173.91 $ 170.75-177.80
Price per Square Feet to Buy Apartment Outside of Centre 154.06 $ 138.50-164.50
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,693.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.46 3.59-4.54

These data are based on 96 entries in the past 18 months from 24 different contributors.
Last update: June 2021

Sources and References
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