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Grimes, IA

Full City Profile · Iowa · Polk County County

3.9 /5.0
B+ Good
15,810 Population 1,206/sq mi density
$104,497 Median Income $44,841 per capita
$281,000 Home Value $346,961 Zillow
$1,156 Median Rent 22.2% income on rent
50°F Avg Temperature 275 sunny days/yr
198 Violent Crime/100K 1,646 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$104,497 median income, 4.8% unemployment
A+
Affordability
5.0 / 5.0
$281,000 home value, $1,156/mo rent
F
Safety
1.0 / 5.0
198 violent crimes/100K
A+
Education
4.8 / 5.0
47.6% bachelor's degree or higher

Housing Overview

Median Home Value
$281,000
0% below
US avg: $281,900
Median Rent
$1,156/mo
1% below
US avg: $1,163/mo
Homeownership Rate
70.0%
7% above US avg (65.4%)
Total Housing Units
5,773
Median year built: 2006

Home Value by Source

Census Median
$281,000
Zillow (ZHVI)
$346,961
Median Sale Price
$327,000
Median List Price
$436,250
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.0%
Owner-Occupied
30.0%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $1,156/mo · Zillow rent: $1,402/mo

Market Indicators (Redfin)

Median Days on Market
55 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
17
Price Drops
19.4%
of listings with price reduction
Price Per Sq Ft
$270
Active Inventory
67
homes for sale

Affordability & Housing Stock

Rent Burden
22.2%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
2006
Average age of housing stock: 20 years
Homeownership Rate
70.0%

Complete Housing Data

Home Values

Census Median Value$281,000
Zillow Home Value (ZHVI)$346,961
Median Sale Price$327,000
Median List Price$436,250
Price Per Sq Ft$270

Rent

Census Median Rent$1,156
Zillow Rent (ZORI)$1,402
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Days on Market55
Sale-to-List Ratio1.0%
Price Drops19.4%
Homes Sold17
Active Inventory67
Price Per Sq Ft$270

Ownership & Stock

Owner-Occupied70.0%
Renter-Occupied30.0%
Homeownership Rate70.0%
Total Housing Units5,773
Median Year Built2006
Rent Burden22.2%