Hiawatha, 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 Hiawatha, Iowa rental market.
Hiawatha, Iowa
Average Apartment Rent
$1,019
Y-o-Y Change in Average
Apartment Rent
Infinity%
As of March 2026
Compared to a year ago, Hiawatha, Iowa apartments have recorded a Infinity% rent increase.
Hiawatha, Iowa Average apartment rent trend
Hiawatha, Iowa Average Apartment Rent
Hiawatha, Iowa Apartment rent ranges
At 61.57%, apartments priced Under $1,000 represent the bulk of Hiawatha, Iowa rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 13.73%.
Hiawatha, Iowa Housing tenure**
Renters take up 33% of Hiawatha, Iowa real estate, occupying a total of 1,011 units, while homeowners live in 2,018 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$41,076
Average household size of renter-occupied housing units**
1.93
Rental vacancy rate**
11.2%
Hiawatha, Iowa Renter-occupied housing units by no. of bedrooms**
There are 530 rentals in Hiawatha, Iowa with 2 beds making up the highest share of the market, at 52%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 13 units. Overall, the median number of rooms in Hiawatha, Iowa homes for rent is 3.9.
Hiawatha, Iowa Renter-occupied units by age of householder**
Most condos for rent in Hiawatha, Iowa are occupied by residents in the 15 - 24 years age group (24%), followed by those in the 25 - 34 years age group (23%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.
Hiawatha, Iowa Renter-occupied housing units by family type**
Hiawatha, Iowa Renter-occupied housing units by the presence of own children**
A total of 319 apartments for rent in Hiawatha, Iowa, or 32% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 260 units. All in all, the median size of a renter-occupied household in Hiawatha, Iowa is 1.93.
Hiawatha, Iowa Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Hiawatha, Iowa.
Hiawatha, Iowa Renter-occupied units by year structure built**
The highest share of Hiawatha, Iowa apartment rentals, namely 38% or 388 units, were Built 1970 - 1979, followed by those Built 1990 - 1999 (28%, 288 units), and the ones Built 1980 - 1989 (11%, 111 units).
Hiawatha, Iowa Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Hiawatha, Iowa renters (54%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Hiawatha, Iowa condos for rent is 2016.
Hiawatha, Iowa Renter-occupied housing units by vehicles available**
When it comes to transportation options, 70% of Hiawatha, Iowa renters have 1 vehicle available per household, 18% of them have 2 vehicles available, and 5% have 3 vehicles available.
Hiawatha, Iowa Means of transportation to work of householders living in renter-occupied housing units**
Hiawatha, 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 Hiawatha, 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
