Is Storm Lake, IA a good place to invest in rental property?

Storm Lake, IA has a median modeled monthly cash flow of $-794 and a median cap rate of 2.7%, on a median sold price of $209,000. Prices changed +3.1% year over year.

What is the average cap rate in Storm Lake, IA?

The median cap rate across recently sold homes in Storm Lake, IA is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Storm Lake, IA?

The median sold price in Storm Lake, IA is $209,000 (about $118 per square foot).

Investing in Storm Lake, IA Real Estate

A data-driven snapshot of the Storm Lake, 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.

$209,000Median sold price

$118Median $/sqft

2.7%Median cap rate

$-794Modeled cash flow / mo

+3.1%Appreciation YoY

9.9Months of supply

93Active listings

113Sold (last 12 mo)

What the Storm Lake numbers say

In Storm Lake, IA, the median home sold for $209,000 (about $118 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-794 of monthly cash flow. Sold prices moved +3.1% over the past year. Inventory sits at about 9.9 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 Storm Lake cash-flowing listings

CashFlowRE ranks every for-sale home in Storm Lake, 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 Storm Lake deals, or browse the national market data.