Urbandale,
rental market profile.

The typical rent in Urbandale, IA is $1,038 a month, up 1.6% from a year earlier. The typical home is worth $350,388, up 0.2% from a year earlier.

Zillow data for September 2026, updated monthly.

Current market, September 2026.

Typical home value$350,388+0.2% vs. a year earlier
Typical rent$1,038+1.6% vs. a year earlier
Gross rent-to-value3.55%annual rent ÷ value
HUD Fair Market Rent, 2-bed$1,360FY2027 · second-source check
Estimated annual property tax$5,8101.66% effective rate (ACS)

Data: Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI), September 2026; smoothed and seasonally adjusted. Typical values sit in the middle of the local market; rent covers houses and apartments. Updated monthly. Second source: HUD FY2027 Fair Market Rent for Des Moines-West Des Moines, IA HUD Metro FMR Area (40th-percentile gross rent, including utilities).

Five-year trend in Urbandale.

Typical rent+10.0% since Feb 2022
$950$1,000$1,05020222023202420252026$1,038
Show the numbers
MonthTypical rent
Sep 2022$972
Sep 2023$994
Sep 2024$1,034
Sep 2025$1,022
Sep 2026$1,038
Typical home value+19.1% since Sep 2021
$300,000$320,000$340,00020222023202420252026$350,388
Show the numbers
MonthTypical home value
Sep 2021$294,221
Sep 2022$324,862
Sep 2023$335,375
Sep 2024$343,112
Sep 2025$349,520
Sep 2026$350,388

Monthly Zillow Observed Rent Index and Home Value Index, smoothed and seasonally adjusted. Each chart has its own scale, which does not start at zero, so small changes are visible.

Rent by number of bedrooms.

Studio
$1,102
1 bedroom
$1,145
2 bedrooms
$1,360
3 bedrooms
$1,856
4 bedrooms
$1,901

HUD FY2027 Fair Market Rents for Des Moines-West Des Moines, IA HUD Metro FMR Area: the 40th-percentile gross rent, utilities included, for the whole area. Rents inside Urbandale can be higher or lower. Source: HUD Fair Market Rents.

Census profile, 2020–2024: population, income and long-run medians
Population46.6KACS estimate
Median household income$112,795annual
Median gross rent$1,211monthly
Median home value$335,500owner-occupied
Median property tax$5,563annual · owner-occupied
Effective tax reference1.66%median tax ÷ median value
State HO-3 premium$1,3422023 homeowner reference
Housing vacancy5.1%all housing units
Gross rent-to-value4.33%annual rent ÷ home value
Rent-to-income reference12.9%annual rent ÷ income

Source: U.S. Census Bureau, American Community Survey 2024 5-year estimates. Estimates cover 2020–2024. Insurance context: NAIC 2023 Homeowners Insurance Report. Ratios are derived from area medians and are not a property cap rate, affordability decision, insurance quote or expected return.

How Urbandale compares.

Urbandale’s median gross rent is 24.6% above the Iowa median, while its median owner-occupied home value is 61.3% above the state reference. Median household income is 50.3% above the statewide estimate.

The gross rent-to-value reference is 4.33%. It simply annualizes the area’s median gross rent and divides it by the area’s median home value. It does not subtract vacancy, taxes, insurance, maintenance, management, financing or capital reserves.

Urbandale baseline comparison
MetricCityUrbandaleStateIowaCountryUnited States
Median gross rent$1,211$972$1,413
Median home value$335,500$208,000$332,700
Household income$112,795$75,059$80,734
Median annual property tax$5,563$2,897$3,119
Housing vacancy5.1%8.5%10.1%
Rent vs baseline—+24.6%-14.3%

Test an Urbandale baseline.

Load the area medians for purchase price, rent and annual property tax, then replace every assumption with property-specific figures and current quotes.

Partner tool

Check the rent for a specific Urbandale address.

Our figures are citywide typical rents. RentCast estimates the rent for one property from nearby rental comparables, so you can test the deal with a local figure.

Partner link: RentCaliber may earn a commission if you subscribe to RentCast. It never affects our calculations. How partnerships work.

What this profile can—and cannot—tell you.

Use area data to compare markets before researching a specific address.

Useful for screening

Population, income, rent and home-value medians provide a consistent first comparison across markets.

Property facts still matter

Verify achievable rent, taxes, insurance, condition, financing and local rules for the exact property.

Vacancy needs context

The ACS figure covers all housing units. It is not the vacancy allowance to enter in rental underwriting.

Questions about Urbandale.

What is the average rent in Urbandale, IA?

The typical asking rent in Urbandale, IA is $1,038 a month, according to Zillow's Observed Rent Index for September 2026, which covers houses and apartments. The Census Bureau's median gross rent for 2020–2024, which includes utilities and long-standing leases, is $1,211. HUD's Fair Market Rent for a two-bedroom home in the area is $1,360.

Is rent going up or down in Urbandale?

Rent is rising. The typical rent is $1,038, up 1.6% from $1,022 a year earlier.

How much does a house cost in Urbandale?

The typical home in Urbandale, IA is worth $350,388, according to Zillow's Home Value Index for September 2026, up 0.2% from a year earlier.

What is the property tax rate in Urbandale?

The effective property tax rate is about 1.66% of home value, based on Census data, or roughly $5,810 a year on the typical home. Actual bills depend on the assessment and any exemptions.

Is Urbandale a good place to invest in rental property?

It depends on the property. As a first screen, a year of typical rent in Urbandale equals 3.55% of the typical home value. Higher ratios leave more room for expenses and a mortgage; the 1% rule looks for about 12% a year. Test a specific property in the rental property calculator before you decide.