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Rent in Iowa City, IA

Across Iowa City's 6 ZIP codes, a 2-bedroom typically rents for about $1,180 a month, with figures from $1,054–$1,221. The highest typical rent is in 52245 ($1,221) and the lowest in 52246 ($1,054). 3 ZIPs have ZIP-level figures from HUD or Census; the other 3 use the county Fair Market Rent. Owner-occupied homes in Johnson County pay about 1.52% 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

Typical monthly rent in Iowa City, IA by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$942$872–$1,0206
1 bed$979$878–$1,0026
2 beds$1,180$1,054–$1,2216
3 beds$1,634$1,339–$2,0396
4 beds$1,972$1,362–$2,3856

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).

Iowa City ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Iowa City, IA?
About $1,180 a month: the median of the typical rents in 6 ZIP codes, which range from $1,054–$1,221. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Iowa City, IA?
About $979 a month: the median of the typical rents in 6 ZIP codes, which range from $878–$1,002. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Iowa City, IA?
About $1,634 a month: the median of the typical rents in 6 ZIP codes, which range from $1,339–$2,039. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Iowa City, IA?
About $942 a month: the median of the typical rents in 6 ZIP codes, which range from $872–$1,020. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Iowa City, IA?
About $1,972 a month: the median of the typical rents in 6 ZIP codes, which range from $1,362–$2,385. Figures are gross rent (rent plus tenant-paid utilities).
Which Iowa City ZIP code has the highest rent?
For a 2-bedroom, 52245 has the highest typical rent at $1,221 a month, and 52246 the lowest at $1,054.
What is the property tax rate in Iowa City, IA?
Owner-occupied homes in Johnson County pay a typical 1.52% 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 Iowa City rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).