Iowa — Rental Investment Markets
All Iowa metros ranked by cap rate. Median cap rate: 3.0%, median home price: $287,652.
Median Cap Rate
3.0%
Median Home Price
$287,652
Median Rent
$1,330/mo
| # | City | Cap Rate | Cash Flow | Home Price | Rent (3BR) | Verdict |
|---|---|---|---|---|---|---|
| 1 | Rippey, IA | 6.5% | +$17/mo | $194,553 | $1,620/mo | 🟢 GOOD |
| 2 | Perry, IA | 6.0% | -$63/mo | $171,110 | $1,330/mo | 🟢 GOOD |
| 3 | Ackley, IA | 5.5% | -$133/mo | $158,476 | $1,140/mo | 🟡 MODERATE |
| 4 | Cedar Rapids, IA | 5.4% | -$169/mo | $203,263 | $1,450/mo | 🟡 MODERATE |
| 5 | Davenport, IA | 5.2% | -$173/mo | $180,213 | $1,260/mo | 🟡 MODERATE |
| 6 | Sheldahl, IA | 5.1% | -$246/mo | $225,074 | $1,550/mo | 🟡 MODERATE |
| 7 | Smithland, IA | 5.0% | -$189/mo | $168,586 | $1,155/mo | 🟡 MODERATE |
| 8 | Des Moines, IA | 4.4% | -$388/mo | $233,811 | $1,390/mo | 🟡 MODERATE |
| 9 | Council Bluffs, IA | 4.3% | -$495/mo | $245,071 | $1,410/mo | 🟡 MODERATE |
| 10 | Sioux City, IA | 4.2% | -$343/mo | $184,792 | $1,240/mo | 🟡 MODERATE |
| 11 | Waterloo, IA | 4.2% | -$337/mo | $188,755 | $1,140/mo | 🟡 MODERATE |
| 12 | Washington County, IA | 4.1% | -$362/mo | $182,756 | $1,060/mo | 🟡 MODERATE |
| 13 | Boone County, IA | 4.1% | -$412/mo | $210,796 | $1,230/mo | 🟡 MODERATE |
| 14 | Wellman, IA | 4.1% | -$464/mo | $245,315 | $1,450/mo | 🟡 MODERATE |
| 15 | Palo, IA | 3.6% | -$796/mo | $344,477 | $1,860/mo | 🔴 WEAK |
| 16 | Prairie City, IA | 3.6% | -$629/mo | $267,361 | $1,430/mo | 🔴 WEAK |
| 17 | Cedar Falls, IA | 3.6% | -$623/mo | $265,263 | $1,420/mo | 🔴 WEAK |
| 18 | Anamosa, IA | 3.5% | -$615/mo | $254,255 | $1,340/mo | 🔴 WEAK |
| 19 | Iowa City, IA | 3.5% | -$713/mo | $313,620 | $1,605/mo | 🔴 WEAK |
| 20 | Ames, IA | 3.4% | -$781/mo | $313,054 | $1,620/mo | 🔴 WEAK |
| 21 | Ankeny, IA | 3.4% | -$841/mo | $337,059 | $1,745/mo | 🔴 WEAK |
| 22 | Collins, IA | 3.3% | -$684/mo | $269,429 | $1,380/mo | 🔴 WEAK |
| 23 | Coggon, IA | 3.3% | -$612/mo | $238,022 | $1,210/mo | 🔴 WEAK |
| 24 | Readlyn, IA | 3.3% | -$557/mo | $218,869 | $1,120/mo | 🔴 WEAK |
| 25 | La Porte City, IA | 3.3% | -$608/mo | $233,735 | $1,180/mo | 🔴 WEAK |
| 26 | Bouton, IA | 3.3% | -$688/mo | $263,861 | $1,330/mo | 🔴 WEAK |
| 27 | West Des Moines, IA | 3.3% | -$836/mo | $324,892 | $1,650/mo | 🔴 WEAK |
| 28 | Monticello, IA | 3.3% | -$599/mo | $232,470 | $1,180/mo | 🔴 WEAK |
| 29 | Center Point, IA | 3.2% | -$845/mo | $318,801 | $1,590/mo | 🔴 WEAK |
| 30 | Lisbon, IA | 3.0% | -$865/mo | $304,736 | $1,450/mo | 🔴 WEAK |
| 31 | Bettendorf, IA | 3.0% | -$858/mo | $298,874 | $1,410/mo | 🔴 WEAK |
| 32 | Dunkerton, IA | 3.0% | -$661/mo | $236,763 | $1,140/mo | 🔴 WEAK |
| 33 | Springville, IA | 3.0% | -$814/mo | $285,025 | $1,350/mo | 🔴 WEAK |
| 34 | Mitchellville, IA | 3.0% | -$770/mo | $276,130 | $1,330/mo | 🔴 WEAK |
| 35 | Woodward, IA | 2.9% | -$845/mo | $287,246 | $1,330/mo | 🔴 WEAK |
| 36 | Hopkinton, IA | 2.9% | -$714/mo | $245,847 | $1,150/mo | 🔴 WEAK |
| 37 | Urbandale, IA | 2.8% | -$1,161/mo | $374,297 | $1,660/mo | 🔴 WEAK |
| 38 | Blairstown, IA | 2.8% | -$841/mo | $278,783 | $1,265/mo | 🔴 WEAK |
| 39 | Cambridge, IA | 2.8% | -$972/mo | $324,387 | $1,480/mo | 🔴 WEAK |
| 40 | Kalona, IA | 2.8% | -$948/mo | $317,121 | $1,450/mo | 🔴 WEAK |
| 41 | Slater, IA | 2.8% | -$881/mo | $292,556 | $1,330/mo | 🔴 WEAK |
| 42 | Madrid, IA | 2.8% | -$848/mo | $287,674 | $1,330/mo | 🔴 WEAK |
| 43 | Story City, IA | 2.7% | -$869/mo | $282,229 | $1,260/mo | 🔴 WEAK |
| 44 | Fairbank, IA | 2.5% | -$872/mo | $269,337 | $1,150/mo | 🔴 WEAK |
| 45 | Mingo, IA | 2.4% | -$1,089/mo | $323,482 | $1,330/mo | 🔴 WEAK |
| 46 | Mount Vernon, IA | 2.4% | -$1,155/mo | $347,839 | $1,450/mo | 🔴 WEAK |
| 47 | Cascade, IA | 2.4% | -$958/mo | $288,144 | $1,200/mo | 🔴 WEAK |
| 48 | Riverside, IA | 2.4% | -$1,149/mo | $346,913 | $1,450/mo | 🔴 WEAK |
| 49 | Martelle, IA | 2.3% | -$971/mo | $287,631 | $1,180/mo | 🔴 WEAK |
| 50 | Maxwell, IA | 2.3% | -$1,138/mo | $330,680 | $1,330/mo | 🔴 WEAK |
| 51 | Shellsburg, IA | 2.3% | -$1,083/mo | $318,897 | $1,300/mo | 🔴 WEAK |
| 52 | Ely, IA | 2.2% | -$1,292/mo | $368,078 | $1,450/mo | 🔴 WEAK |
| 53 | Huxley, IA | 2.2% | -$1,201/mo | $346,145 | $1,380/mo | 🔴 WEAK |
| 54 | Bernard, IA | 2.2% | -$1,007/mo | $290,517 | $1,160/mo | 🔴 WEAK |
| 55 | Polk City, IA | 2.1% | -$1,513/mo | $427,772 | $1,670/mo | 🔴 WEAK |
| 56 | Walker, IA | 2.1% | -$1,093/mo | $308,151 | $1,200/mo | 🔴 WEAK |
| 57 | Janesville, IA | 1.9% | -$1,157/mo | $307,915 | $1,120/mo | 🔴 POOR |
| 58 | Kelley, IA | 1.9% | -$1,279/mo | $343,163 | $1,260/mo | 🔴 POOR |
| 59 | Dubuque, IA | 1.9% | -$1,201/mo | $333,010 | $1,205/mo | 🔴 POOR |
| 60 | Denver, IA | 1.9% | -$1,155/mo | $308,844 | $1,130/mo | 🔴 POOR |
| 61 | Walford, IA | 1.8% | -$1,286/mo | $334,437 | $1,180/mo | 🔴 POOR |
| 62 | Solon, IA | 1.5% | -$1,837/mo | $449,054 | $1,450/mo | 🔴 POOR |
| 63 | Runnells, IA | 1.4% | -$1,800/mo | $428,953 | $1,330/mo | 🔴 POOR |
| 64 | Swisher, IA | 1.4% | -$1,950/mo | $465,797 | $1,450/mo | 🔴 POOR |