Is Iowa City, IA a good place to invest in rental property?

Iowa City, IA has a median modeled monthly cash flow of $-957 and a median cap rate of 2.9%, on a median sold price of $315,000. Prices changed +1.7% year over year.

What is the average cap rate in Iowa City, IA?

The median cap rate across recently sold homes in Iowa City, IA is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Iowa City, IA?

The median sold price in Iowa City, IA is $315,000 (about $176 per square foot).

Investing in Iowa City, IA Real Estate

A data-driven snapshot of the Iowa City, IA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$315,000Median sold price

$176Median $/sqft

2.9%Median cap rate

$-957Modeled cash flow / mo

+1.7%Appreciation YoY

10.3Months of supply

849Active listings

986Sold (last 12 mo)

What the Iowa City numbers say

In Iowa City, IA, the median home sold for $315,000 (about $176 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-957 of monthly cash flow. Sold prices moved +1.7% over the past year. Inventory sits at about 10.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Iowa markets to compare

See Iowa City cash-flowing listings

CashFlowRE ranks every for-sale home in Iowa City, IA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Iowa City deals, or browse the national market data.