Cheapest Cities to Rent in Iowa (2026)
The cheapest rent in Iowa is in Cedar Rapids, IA, where a 2-bedroom averages $1,071/mo and a 1-bedroom $816/mo (2026 HUD Fair Market Rent) — $124/mo below the Iowa average 2BR of $1,195. The table below ranks all 2 of the cheapest cities to rent in Iowa.
Top 2 Cheapest Cities in Iowa
Ranked by 2-bedroom rent price (lowest first)
| Rank | City | Studio | 1 Bed | 2 Bed | 3 Bed | Income Needed |
|---|---|---|---|---|---|---|
#1 | Cedar Rapids, IA | $738 | $816 | $1,071 | $1,490 | $42,840/yr |
#2 | Des Moines, IA | $1,063 | $1,109 | $1,318 | $1,794 | $52,720/yr |
Why These Iowa Cities Are Affordable
Iowa ranks among the most affordable states for renters. Even Des Moines, the largest metro, offers rents well below national averages. Smaller cities provide exceptional value.
- Below-average housing costs: These cities have housing indices lower than the state average of 78
- Lower demand: Smaller populations and less competitive markets keep prices reasonable
- Diverse housing stock: Mix of older and newer buildings provides options at various price points
- Regional economies: Local job markets support working populations without coastal-city premiums
Income Requirements
Using the standard 30% of income guideline, here's what you need to earn to afford rent in Iowa's cheapest cities:
How Iowa's Cheapest Cities Compare
What to Consider Before Moving
Best For
- ✓Insurance professionals
- ✓Agricultural industry workers
- ✓Families seeking stability
- ✓Those prioritizing affordability
Considerations
- •Limited entertainment options
- •Cold winters
- •Rural isolation outside metros
Cheapest Rent in Iowa: FAQ
Where is the cheapest rent in Iowa?
The cheapest rent in Iowa is in Cedar Rapids, IA, where a 2-bedroom averages $1,071/month and a 1-bedroom $816/month in 2026 (HUD Fair Market Rent). Next cheapest: Des Moines ($1,318).
How much can I save renting in Iowa's cheapest cities?
By choosing Iowa's cheapest city over the state average 2BR of $1,195, you could save $124/month or $1,488/year on rent.
Is rent in Iowa's cheapest city below the US average?
Yes. A 2-bedroom in Cedar Rapids costs $1,071/month, which is $502/month below the US median 2BR Fair Market Rent of $1,573 (HUD, 2026).
What income do I need to rent in Iowa's cheapest cities?
To afford the cheapest 2BR in Iowa at $1,071/month, you need approximately $42,840/year based on the 30% of income guideline.