Iowa Colony, Texas Rental Market Trends

Disclaimer:

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 Iowa Colony, Texas rental market.

Iowa Colony, Texas

Average Apartment Rent

$2,623

Y-o-Y Change in Average
Apartment Rent

-0.7%

As of March 2026

Compared to a year ago, Iowa Colony, Texas apartments have recorded a -0.7% rent decrease.

Iowa Colony, Texas Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Iowa Colony $2,842 $2,681 $2,656 $2,616 $2,614 $2,642 $2,623 $2,624 $2,623
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Iowa Colony
National
Jul 2023
$2,842
$1,735
Nov 2023
$2,681
$1,724
Mar 2024
$2,656
$1,729
Jul 2024
$2,616
$1,750
Nov 2024
$2,614
$1,743
Mar 2025
$2,642
$1,749
Jul 2025
$2,623
$1,763
Nov 2025
$2,624
$1,749
Mar 2026
$2,623
$1,750

Iowa Colony, Texas Average Apartment Rent

Iowa Colony, Texas Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 84.42%, apartments priced $2,500 - $3,000 represent the bulk of Iowa Colony, Texas rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 15.58%.

Iowa Colony, Texas Housing tenure**

Renter occupied housing units 88
Owner occupied housing units 2,830

Renters take up 3% of Iowa Colony, Texas real estate, occupying a total of 88 units, while homeowners live in 2,830 properties.

Median number of rooms of renter-occupied housing units**

7.2

Renter median household income**

$111,824

Average household size of renter-occupied housing units**

1.57

Iowa Colony, Texas Renter-occupied housing units by no. of bedrooms**

2 beds 28
3 beds 37
4 beds 23

There are 37 rentals in Iowa Colony, Texas with 3 beds making up the highest share of the market, at 42%. Units with 4 beds, on the other hand, hold the lowest percentage (26%), amounting to 23 units. Overall, the median number of rooms in Iowa Colony, Texas homes for rent is 7.2.

Iowa Colony, Texas Renter-occupied units by age of householder**

35 - 44 years 31
45 - 54 years 48
60 - 64 years 9

Most condos for rent in Iowa Colony, Texas are occupied by residents in the 45 - 54 years age group (55%), followed by those in the 35 - 44 years age group (35%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 10%.

Iowa Colony, Texas Renter-occupied housing units by family type**

Family households 0
Non-Family Households 88

Iowa Colony, Texas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 0
No related children of the householder under 18 88

Iowa Colony, Texas Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 17
Bachelor's degree or higher 71

In terms of education, renters holding bachelor degrees or higher make up 81% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Iowa Colony, Texas.

Iowa Colony, Texas Renter-occupied units by year structure built**

Built 2010 - 2019 60
Built 1980 - 1989 8
Built 1970 - 1979 11
Built 1939 or earlier 9

The highest share of Iowa Colony, Texas apartment rentals, namely 68% or 60 units, were Built 2010 - 2019, followed by those Built 1970 - 1979 (13%, 11 units), and the ones Built 1939 or earlier (10%, 9 units).

Iowa Colony, Texas Renter-occupied units by year householder moved in**

Moved in 2021 or later 37
Moved in 2018 to 2020 42
Moved in 1990 to 1999 9

Median year renter moved into unit 2021

Most Iowa Colony, Texas renters (48%) moved in 2018 to 2020, while only 10% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Iowa Colony, Texas condos for rent is 2021.

Iowa Colony, Texas Renter-occupied housing units by vehicles available**

1 vehicle available 31
2 vehicles available 48
3 or more vehicles available 9

When it comes to transportation options, 55% of Iowa Colony, Texas renters have 2 vehicles available per household, 35% of them have 1 vehicle available, and 10% have 3 or more vehicles available.

Iowa Colony, Texas Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 47
Worked at home 42

Iowa Colony, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 130
Moved from different county within same state 8

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 Iowa Colony, Texas 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

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