Home prices
The median home price in Iowa City is $215,100. It is approximately $12,060 (5%) lower in comparison to the surrounding areas.It is about $2,400 (1%) lower in comparison to the US as a whole, and compared to the city of Cedar Rapids it is roughly $73,300 (51%) higher.
Rents
The median monthly rent in Iowa City is $967. This is about $131 (11%) lower compared to its surrounding areas.Compared to the US as a whole it is about $95 (8%) lower, and it is roughly $200 (26%) higher in comparison to the city of Cedar Rapids.
Nearby places
University Heights
University Heights is Iowa City's neighbor to the west. Housing prices there are a bit more expensive. The median home in University Heights is valued at $295,700, which comes out to $80,600 (27%) higher than Iowa City. Rents there are significantly more expensive. University Heights's median rent is $1,500 per month, which is $533 (35%) higher than Iowa City.
Coralville
Coralville is Iowa City's neighbor to the northwest. The real estate prices there are a bit more expensive. The median home in Coralville is valued at $227,700, which is $12,600 (5%) higher than Iowa City. Its rents are somewhat less expensive. The median rent in Coralville is $896 a month, which comes out to $71 (7%) lower than Iowa City.
Tiffin
Tiffin is about 6 miles northwest of Iowa City. Housing prices there are a little more expensive. The price of the median home in Tiffin is $233,000, which works out to $17,900 (7%) higher than Iowa City. Rent there is pretty similar. In Tiffin the median rent is $994 per month, which comes out to $27 (2%) higher than Iowa City.
Hills
Hills is approximately 6 miles south from Iowa City. Its housing prices are significantly less expensive. Hills's median home cost is $158,600, which is $56,500 (35%) lower than Iowa City. The rent there is pretty similar. The median rent in Hills is $990 a month, which is $23 (2%) higher than Iowa City.
North Liberty
North Liberty is roughly 6 miles northwest from Iowa City. Real estate prices there are similar. North Liberty's median home cost is $220,800, which works out to $5,700 (2%) higher than Iowa City. Its rents are a bit more expensive. The median rent in North Liberty is $1,110 a month, which is $143 (12%) higher than Iowa City.
