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Underwood, IA
Full City Profile · Iowa · Pottawattamie County County
3.6
/5.0
B+
Good
977
Population
896/sq mi density
$90,556
Median Income
$38,706 per capita
$227,400
Home Value
$372,918 Zillow
$819
Median Rent
14.1% income on rent
52°F
Avg Temperature
275 sunny days/yr
546
Violent Crime/100K
6,640 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$90,556 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$227,400 home value, $819/mo rent
F
Safety
1.0 / 5.0
546 violent crimes/100K (44% above avg)
B+
Education
3.6 / 5.0
32.6% bachelor's degree or higher
Housing Overview
Median Home Value
$227,400
19% below
US avg: $281,900
Median Rent
$819/mo
30% below
US avg: $1,163/mo
Homeownership Rate
80.7%
23% above US avg (65.4%)
Total Housing Units
334
Median year built: 1983
Home Value by Source
Census Median
$227,400
Zillow (ZHVI)
$372,918
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.7%
Owner-Occupied
19.3%
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:
$819/mo
Affordability & Housing Stock
Rent Burden
14.1%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
80.7%
Complete Housing Data
Home Values
| Census Median Value | $227,400 |
| Zillow Home Value (ZHVI) | $372,918 |
Rent
| Census Median Rent | $819 |
| 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 | 80.7% |
| Renter-Occupied | 19.3% |
| Homeownership Rate | 80.7% |
| Total Housing Units | 334 |
| Median Year Built | 1983 |
| Rent Burden | 14.1% |