Rent in Hamilton, IA
A 2-bedroom in Hamilton, IA (ZIP 50116) typically rents for about $1,021 a month, with a range of $1,021. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for Marion County. Owner-occupied homes in Marion County pay about 1.22% 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 | $711 | $711 | 1 |
| 1 bed | $826 | $826 | 1 |
| 2 beds | $1,021 | $1,021 | 1 |
| 3 beds | $1,217 | $1,217 | 1 |
| 4 beds | $1,378 | $1,378 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).
Hamilton ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Hamilton, IA?
- About $1,021 a month: the median of the typical rents in 1 ZIP code, which range from $1,021. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Hamilton, IA?
- About $826 a month: the median of the typical rents in 1 ZIP code, which range from $826. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Hamilton, IA?
- About $1,217 a month: the median of the typical rents in 1 ZIP code, which range from $1,217. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Hamilton, IA?
- About $711 a month: the median of the typical rents in 1 ZIP code, which range from $711. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Hamilton, IA?
- About $1,378 a month: the median of the typical rents in 1 ZIP code, which range from $1,378. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Hamilton, IA?
- Owner-occupied homes in Marion County pay a typical 1.22% 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 Hamilton rent figures come from?
- HUD county Fair Market Rents (Oct 1, 2026).