Rent in Correctionville, IA
A 2-bedroom in Correctionville, IA (ZIP 51016) typically rents for about $963 a month, with a range of $963–$1,194. Owner-occupied homes in Woodbury County pay about 1.45% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $831 | $831 | 1 |
| 1 bed | $965 | $965 | 1 |
| 2 beds | $963 | $963–$1,194 | 1 |
| 3 beds | $1,447 | $1,447 | 1 |
| 4 beds | $1,618 | $1,618 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Correctionville ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Correctionville, IA?
- About $963 a month: the median of the typical rents in 1 ZIP code, which range from $963–$1,194. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Correctionville, IA?
- About $965 a month: the median of the typical rents in 1 ZIP code, which range from $965. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Correctionville, IA?
- About $1,447 a month: the median of the typical rents in 1 ZIP code, which range from $1,447. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Correctionville, IA?
- About $831 a month: the median of the typical rents in 1 ZIP code, which range from $831. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Correctionville, IA?
- About $1,618 a month: the median of the typical rents in 1 ZIP code, which range from $1,618. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Correctionville, IA?
- Owner-occupied homes in Woodbury County pay a typical 1.45% 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 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Correctionville rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).