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Rent in Colfax, IA

A 2-bedroom in Colfax, IA (ZIP 50054) typically rents for about $931 a month, with a range of $862–$1,000. Owner-occupied homes in Jasper County pay about 1.41% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Colfax, IA by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$790$782–$7901
1 bed$635$469–$8001
2 beds$931$862–$1,0001
3 beds$1,320$1,300–$1,3401
4 beds$1,410$1,395–$1,4101

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Colfax ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Colfax, IA?
About $931 a month: the median of the typical rents in 1 ZIP code, which range from $862–$1,000. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Colfax, IA?
About $635 a month: the median of the typical rents in 1 ZIP code, which range from $469–$800. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Colfax, IA?
About $1,320 a month: the median of the typical rents in 1 ZIP code, which range from $1,300–$1,340. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Colfax, IA?
About $790 a month: the median of the typical rents in 1 ZIP code, which range from $782–$790. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Colfax, IA?
About $1,410 a month: the median of the typical rents in 1 ZIP code, which range from $1,395–$1,410. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Colfax, IA?
Owner-occupied homes in Jasper County pay a typical 1.41% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Colfax rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).