Iowa
Ranked #2 of 51 for housing affordability
77Affordable
Median Home Price
🏠$200K
3.2x income
Median Rent
🔑$900
26.0% rent-burdened
Median Income
💰$62K
Population: 3,200,517
Homeownership
🏡71.0%
2,747 experiencing homelessness
Housing Shortage
📉25,000
units needed
Building Permits (2024)
🔨13,500
Price-to-Income
📊3.2x
Severe Rent Burden
⚠️11.5%
paying >50% of income
Rent Burden Breakdown
vs. National Average
Metros in Iowa
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Des Moines | 70 | $240K | $1K | $68K | 26.5% |
Housing Policies
workforce housing tax creditslow-income housing tax credits