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Iowa Falls, IA
Full City Profile · Iowa · Hardin County County
3.1
/5.0
B
Good
5,062
Population
939/sq mi density
$53,051
Median Income
$30,506 per capita
$106,300
Home Value
$128,622 Zillow
$898
Median Rent
33.1% income on rent
47°F
Avg Temperature
260 sunny days/yr
220
Violent Crime/100K
1,658 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$53,051 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$106,300 home value, $898/mo rent
F
Safety
1.0 / 5.0
220 violent crimes/100K
C+
Education
2.8 / 5.0
22.3% bachelor's degree or higher
Housing Overview
Median Home Value
$106,300
62% below
US avg: $281,900
Median Rent
$898/mo
23% below
US avg: $1,163/mo
Homeownership Rate
63.5%
3% below US avg (65.4%)
Total Housing Units
2,476
Median year built: 1955
Home Value by Source
Census Median
$106,300
Zillow (ZHVI)
$128,622
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.5%
Owner-Occupied
36.5%
Renter-Occupied
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:
$898/mo
Affordability & Housing Stock
Rent Burden
33.1%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
63.5%
Complete Housing Data
Home Values
| Census Median Value | $106,300 |
| Zillow Home Value (ZHVI) | $128,622 |
Rent
| Census Median Rent | $898 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 63.5% |
| Renter-Occupied | 36.5% |
| Homeownership Rate | 63.5% |
| Total Housing Units | 2,476 |
| Median Year Built | 1955 |
| Rent Burden | 33.1% |