Ankeny, Iowa Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Ankeny, Iowa rental market.
Ankeny, Iowa
Average Apartment Rent
$1,385
Y-o-Y Change in Average
Apartment Rent
3.2%
As of March 2026
Compared to a year ago, Ankeny, Iowa apartments have recorded a 3.2% rent increase.
Ankeny, Iowa Average apartment rent trend
Ankeny, Iowa Average Apartment Rent
Ankeny, Iowa Apartment rent ranges
At 57.04%, apartments priced $1,000 - $1,500 represent the bulk of Ankeny, Iowa rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 2.51%.
Ankeny, Iowa Housing tenure**
Renters take up 29% of Ankeny, Iowa real estate, occupying a total of 7,621 units, while homeowners live in 18,904 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$62,563
Average household size of renter-occupied housing units**
2.07
Rental vacancy rate**
4.1%
Ankeny, Iowa Renter-occupied housing units by no. of bedrooms**
There are 3,174 rentals in Ankeny, Iowa with 2 beds making up the highest share of the market, at 42%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 55 units. Overall, the median number of rooms in Ankeny, Iowa homes for rent is 3.9.
Ankeny, Iowa Renter-occupied units by age of householder**
Most condos for rent in Ankeny, Iowa are occupied by residents in the 25 - 34 years age group (31%), followed by those in the 15 - 24 years age group (21%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Ankeny, Iowa Renter-occupied housing units by family type**
Ankeny, Iowa Renter-occupied housing units by the presence of own children**
A total of 3,015 apartments for rent in Ankeny, Iowa, or 40% of all rentals are family households. Additionally, 22% of rental homes include children under the age of 18 – that’s 1,672 units. All in all, the median size of a renter-occupied household in Ankeny, Iowa is 2.07.
Ankeny, Iowa Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 43% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Ankeny, Iowa.
Ankeny, Iowa Renter-occupied units by year structure built**
The highest share of Ankeny, Iowa apartment rentals, namely 48% or 3,667 units, were Built 2010 - 2019, followed by those Built 1970 - 1979 (14%, 1,084 units), and the ones Built 2000 - 2009 (13%, 954 units).
Ankeny, Iowa Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Ankeny, Iowa renters (47%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Ankeny, Iowa condos for rent is 2019.
Ankeny, Iowa Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Ankeny, Iowa renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 10% have 3 vehicles available.
Ankeny, Iowa Means of transportation to work of householders living in renter-occupied housing units**
Ankeny, Iowa Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Ankeny, Iowa apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates