Looking for a place in Iowa to call home without breaking the bank? Whether you’re moving for work, school, or a fresh start in a new city, finding affordable rent can be a game-changer.
Iowa is home to a ton of cities with reasonable costs of living, strong communities, and plentiful amenities. We’ve rounded up a handful of the cheapest places to live in Iowa so you can see what makes Iowa such a special place to call home.
1. Dubuque
Average rent: $727
Dubuque is a hidden gem for those looking for affordable living in Iowa. With an average rent of just $727, it’s the perfect place for budget-conscious renters. One-bedroom apartments in Dubuque go for around $712, while two-bedrooms cost about $742.
One of the largest employers in Dubuque is John Deere at the Dubuque Works location. On nice days, you’ll find locals at the Mines of Spain Recreation Area hiking and enjoying the sun. For a more controlled environment, the Dubuque Arboretum and Botanical Gardens offer free admission to their stunning displays.
Apartments for Rent in Dubuque | Houses for rent in Dubuque | Homes for sale in Dubuque
2. Cedar Rapids
Average rent: $787
Cedar Rapids has an average rent of $787, making it a top contender for affordable living in Iowa. Studio apartments average around $650, one-bedrooms about $780, and two-bedrooms $931. This makes Cedar Rapids a great option for a range of budgets.
The city is home to major employers like Rockwell Collins, Transamerica, and St. Luke’s Hospital. For those looking for low-cost entertainment, Cedar Rapids has plenty of parks, including the beautiful Noelridge Park. The Cedar Rapids Museum of Art offers free admission on select days, making culture accessible to all. To top it all off, NewBo City Market is a fun spot for affordable shopping and events.
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3. Ames
Average rent: $835
With an average rent of $835, Ames is another affordable city worth considering. You can find studio apartments for $735, one-bedrooms for $838, and two-bedrooms for $933.
Iowa State University is one of the most significant employers in Ames, providing a range of job opportunities and a cool college town vibe. The city also hosts several tech companies and startups. Weather permitting, Reiman Gardens is a popular destination thanks to a stunning display of plants and flowers with affordable entry fees. The Ames Downtown Farmers’ Market is also a great spot for affordable and fresh local produce.
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4. West Des Moines
Average rent: $1,025
West Des Moines offers an average rent of $1,025, making it a competitive choice for affordable living. Studio apartments average around $850, one-bedrooms about $1,052, and two-bedrooms $1,172.
Major employers in West Des Moines include Wells Fargo, Hy-Vee, and Athene USA. For affordable fun, we recommend a visit to Raccoon River Park, which has a beach, trails, and fishing areas. The West Des Moines Public Library offers programs and resources for all ages, perfect for those looking for free educational activities that don’t break the bank.
Apartments for Rent in West Des Moines | Houses for rent in West Des Moines | Homes for sale in West Des Moines
5. Sioux City
Average rent: $1,048
Sioux City’s average rent of $1,048 makes it an affordable choice for many. Studio apartments rent for about $889, one-bedrooms for $980, and two-bedrooms for $1,275.
A few of the larger employers in the area include Tyson Foods, MercyOne Siouxland Medical Center, and Sioux City Community Schools. For a cheap day out, head to Stone State Park for hiking and picnicking. The Sioux City Art Center offers free admission, allowing you to enjoy art without spending a dime. You can also explore Historic Fourth Street, which has a handful of affordable dining and shopping options.
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6. Des Moines
Average rent: $1,055
Des Moines has an average rent of $1,055, making it one of the more affordable larger cities in Iowa. Studio apartments in Des Moines cost around $964, one-bedrooms $1,136, and two-bedrooms $1,065.
Principal Financial Group, Wells Fargo, and MercyOne Des Moines Medical Center are some of the more sizable employers in Des Moines. For fun, Gray’s Lake Park is a popular spot for walking, biking, and picnicking. The Des Moines Art Center offers free admission to its world-class exhibits. The Downtown Farmers’ Market is a great place to find local produce and hang out with friends and neighbors.
Apartments for Rent in Des Moines | Houses for rent in Des Moines | Homes for sale in Des Moines
7. Iowa City
Average rent: $1,071
With an average rent of $1,071, Iowa City is an affordable option for those seeking a strong local culture. Studio apartments average $1,125, one-bedrooms $1,199, and two-bedrooms $890.
The University of Iowa is the most significant employer in the area, which provides tons of job opportunities and gives the town a strong reputation as one of Iowa’s top college towns. For fun, the Iowa City Public Library hosts free events and programs. Check out the Devonian Fossil Gorge for a unique outdoor adventure.
Apartments for Rent in Iowa City | Houses for rent in Iowa City | Homes for sale in Iowa City
8. Davenport
Average rent: $1,099
Davenport’s average rent of $1,099 places it among the affordable cities in Iowa. Studio apartments cost about $814, one-bedrooms $1,072, and two-bedrooms $1,412.
Large employers in Davenport include Genesis Health System, John Deere, and the Davenport Community School District. For entertainment, the Figge Art Museum offers free admission on certain days. The city’s many parks, including Vander Veer Botanical Park, provide beautiful spaces for relaxation at no cost. Freight House Farmers’ Market is another spot where you can find local produce at a bargain.
Apartments for Rent in Davenport | Houses for rent in Davenport | Homes for sale in Davenport
Methodology
All cities must have over 50,000 residents per the US Census and have an average rent price under or within $160 of the median rent price for the state – which is $940 per month according to Redfin data. Average rental data from Rent.com July 2024.
