Housing data for Iowa Falls, IA
Iowa Falls, IA has an estimated 5,038 residents and 2,499 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Hardin County.
38.8% of households rent.
The median gross rent is $831 a month.
Its population shrank measurably since 2015–2019 (−1.6%).
Figures last updated on .
- Residents
- 5,038 (±27)
- Housing units
- 2,499 (±152)
- Households that rent
- 38.8%
- Median gross rent
- $831
- Residents since 2015–2019
- −1.6%
What stands out in Iowa Falls
Homes in buildings of 5 or more units: 12.2% (±4.6 points) in Iowa Falls, higher than in Hardin County (5.0%).
Households that rent: 38.8% (±6.3 points) in Iowa Falls, higher than in Hardin County (26.4%).
Rental vacancy rate: 0.0% (±2.9 points) in Iowa Falls, lower than in Hardin County (4.5%).
Median household income: $50,417 (±$5,761) in Iowa Falls, lower than in Hardin County ($65,069).
- Types of homes in Iowa Falls
- Renters and owners in Iowa Falls
- Vacancy rate in Iowa Falls
- Income and affordability in Iowa Falls
Housing in Iowa Falls at a glance
- Median rent: $831 median gross rent a month
- Rent by bedrooms: $915 median gross rent, 2 bedrooms
- Rent burden: 50.0% of renters pay 30% or more of income
- Renters and owners: 38.8% of households rent
- Income and affordability: $50,417 median household income
- Home values: $123,800 median home value
- Homeowner costs: $1,191 median monthly cost with a mortgage
- Property taxes: $1,983 median real estate taxes a year
- Types of homes: 12.2% of homes are in buildings of 5 or more units
- Bedrooms: 51.0% of homes have 3 or more bedrooms
- Age of homes: 83.7% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate
- Heating fuel: 71.0% heat with utility gas
- Commute and cars: 15.0 minutes average trip to work
- Crime reported to police: 402 violent crimes per 100,000 residents
- Growth: −1.6% residents since 2015–2019
- How long people stay: 25.5% moved in since 2020
- Crowding and facilities: 1.3% of homes have more than 1 person per room
Iowa Falls against Hardin County, its state and the nation
| Iowa Falls | Hardin County | Iowa | United States | |
|---|---|---|---|---|
| Residents | 5,038 (±27) | 16,639 (exact) | 3,210,507 (exact) | 334,922,499 |
| Housing units | 2,499 (±152) | 8,011 (±45) | 1,437,699 (±523) | 143,775,355 |
| Households that rent | 38.8% (±6.3 points) | 26.4% (±3.1 points) | 28.3% (±0.3 points) | 34.8% |
| Median gross rent | $831 (±$120) | $795 (±$42) | $972 (±$6) | $1,413 |
| Median household income | $50,417 (±$5,761) | $65,069 (±$4,846) | $75,059 (±$418) | $80,734 |
| Median home value | $123,800 (±$18,396) | $122,500 (±$7,470) | $208,000 (±$1,141) | $332,700 |
| Median real estate taxes (a year) | $1,983 (±$293) | $1,683 (±$87) | $2,897 (±$13) | $3,119 |
| Built before 1980 | 83.7% (±10.7 points) | 83.8% (±4.7 points) | 61.5% (±0.4 points) | 49.7% |
| Average commute | 15.0 minutes (±2.5) | 21.6 minutes (±1.5) | 19.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 83.8% (±6.5 points) | 85.4% (±2.5 points) | 88.9% (±0.2 points) | 91.0% |
| Median age of residents | 39.4 years (±3.6) | 45.4 years (±0.4) | 38.6 years (±0.2) | 38.9 years |
Iowa Falls covers 5.4 square miles of land, about 935 residents per square mile (Census Bureau Gazetteer).
How Iowa Falls has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 5,122 (±22) | 5,038 (±27) | −1.6% | Measurable decrease |
| Housing units | 2,544 (±147) | 2,499 (±152) | −1.8% | Not a measurable change |
| Median gross rent | $750 (±$59) | $831 (±$120) | +10.8% | No measurable change after inflation |
| Median home value | $88,200 (±$6,231) | $123,800 (±$18,396) | +40.4% | No measurable change after inflation |
| Median household income | $45,897 (±$6,272) | $50,417 (±$5,761) | +9.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $921 (±$98) | $1,191 (±$118) | +29.3% | No measurable change after inflation |
| Median real estate taxes | $1,422 (±$178) | $1,983 (±$293) | +39.5% | No measurable change after inflation |
| Households that rent | 35.3% (±5.5 points) | 38.8% (±6.3 points) | +3.5 percentage points | Not a measurable change |
| Rental vacancy rate | 8.4% (±6.9 points) | 0.0% (±2.9 points) | −8.4 percentage points | Measurable decrease |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Iowa Falls
In 2025, the Iowa Falls Police Department reported 402 violent and 765 property crimes per 100,000 residents to the FBI.
Across Hardin County, the departments that report recorded 374 violent and 663 property crimes per 100,000 residents that year.
Places near Iowa Falls
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Alden | 5.9 mi | $621 | $107,900 | 31.5% |
| Owasa | 6.8 mi | — | — | 0.0% |
| Buckeye | 8.9 mi | — | — | 43.8% |
| Popejoy | 9.7 mi | — | $83,600 | 21.6% |
| Ackley | 11 mi | $669 | $103,900 | 18.7% |
| Steamboat Rock | 13 mi | $771 | $105,800 | 26.0% |
| Geneva | 13 mi | $669 | $61,400 | 19.0% |
| Eldora | 14 mi | $750 | $133,000 | 30.9% |
Places in Iowa most like Iowa Falls
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Keokuk | $871 | $104,300 | $52,711 | 36.4% |
| Shenandoah | $774 | $116,700 | $59,783 | 41.3% |
| Centerville | $755 | $103,000 | $46,563 | 44.1% |
| Woodbine | $840 | $168,900 | $50,804 | 36.1% |
| Manchester | $802 | $139,400 | $61,191 | 33.7% |
| Creston | $703 | $114,500 | $52,633 | 35.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Iowa.
HUD Fair Market Rent for Iowa Falls, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $688 | $709 | $927 | $1,196 | $1,335 |
HUD income limits for Iowa Falls, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $19,800 | $32,950 | $52,750 |
| 2 people | $22,600 | $37,650 | $60,250 |
| 3 people | $27,320 | $42,350 | $67,800 |
| 4 people | $33,000 | $47,050 | $75,300 |
| 5 people | $38,680 | $50,850 | $81,350 |
| 6 people | $44,360 | $54,600 | $87,350 |
| 7 people | $50,040 | $58,350 | $93,400 |
| 8 people | $55,720 | $62,150 | $99,400 |
These are the limits HUD sets for its housing programs in the Hardin County, IA, where HUD’s median family income for fiscal year 2026 is $90,100.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Iowa Falls
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Iowa Falls beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Iowa Falls, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Iowa Falls, and send estimates and invoices from your phone.
Questions about Iowa Falls
What is the average rent in Iowa Falls, IA?
The Census Bureau publishes the median rather than the average: the median gross rent in Iowa Falls is $831 (±$120) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Iowa Falls?
The median gross rent for a one-bedroom home in Iowa Falls, IA is $739 (±$227) a month (2020–2024 American Community Survey).
Are renters in Iowa Falls rent-burdened?
50.0% of renting households in Iowa Falls pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Iowa Falls?
Iowa Falls has an estimated 863 (±147) renting households, 38.8% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Iowa Falls?
The median household income in Iowa Falls is $50,417 (±$5,761) a year (2020–2024 American Community Survey).
What is the average home value in Iowa Falls, IA?
The Census Bureau publishes the median: $123,800 (±$18,396) for owner-occupied homes in Iowa Falls (2020–2024 American Community Survey).
Is Iowa Falls growing?
In Iowa Falls, the number of residents went from 5,122 in 2015–2019 to 5,038 in 2020–2024 (−1.6%), a measurable decrease.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Iowa Falls city, Iowa
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Iowa Falls city, Iowa
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Iowa Falls city, Iowa
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Iowa Falls city, Iowa
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Iowa Falls city, Iowa
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Iowa Falls city, Iowa
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Iowa Falls city, Iowa
- HUD Fair Market Rents, fiscal year 2027: Hardin County, IA
- HUD Income Limits, fiscal year 2026: Hardin County, IA
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Iowa Falls Police Department (ORI IA0420100)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Iowa Falls city, Iowa (place:38640, in state:19).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .