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City Report · IA

Coralville

Pop. 23,234·17th most expensive in Iowa·One of the most affordable rental markets in the US
Median rent (all units)
$1,263/mo
Year-over-Year
+3.8%
Month-over-Month
+1.0%
vs US Median
-$702
Rising (Monthly)
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Most AffordableMost Expensive
Coralville · $1,263
More affordable than 90% of US cities · National median $1,965/mo
Rent Reality Score
51/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Coralville's 10-year trend predicts.

Actual rent
$1,263/mo
Expected by trend
$1,272/mo
The Rent Reality Score compares today's median rent to where Coralville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$790
1 BR
$890
2 BR
$1,070
3 BR
$1,500
4 BR+
$1,800
Research median
$1,070/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$15,156/yr
At $1,263/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.8% YoY, +1.0% MoM), not inventory.
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Demographics

Who lives here

Coralville, IA is majority owner-occupied, skews toward younger working-age adults, 56% of residents hold a bachelor's degree or higher.

Population
23,234
Median income
$69,144
Median age
34
Renters
44.1%
Age distribution
19.9%
31.3%
26.4%
13.3%
Under 1819.9%
18–3431.3%
35–5426.4%
55–649%
65+13.3%
Gender
52.4%
47.6%
Male52.4%
Female47.6%
Race & ethnicity
67.7%
13.4%
White67.7%
Black13.4%
Hispanic5.4%
Asian8.5%
Other4.9%
Education (25+)
17.1%
22.1%
56%
No HS diploma4.9%
HS diploma17.1%
Some college22.1%
Bachelor's+56%
Housing tenure
55.9%
44.1%
Owner55.9%
Renter44.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Coralville, IA has changed in 5 years

Rent
$1,001 → $1,263
up 26.2%
Income
$67,474 → $69,144
up 2.5%
Population
22,226 → 23,234
up 4.5%
Renter share
45.1% → 44.1%
-1.0 pts
Bachelor's+
59.9% → 56%
-3.9 pts
Median age
32.6 → 34
+1.4 yrs

The median rent in Coralville, IA stood at $1,001 in 2022 and currently runs about $1,263, reflecting a 26.2% increase over the period. Census figures show median household income at $69,144 today, compared with $67,474 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 4.5% since 2021, moving from about 22,226 residents to roughly 23,234. College-educated residents now make up 56% of adults here, versus 59.9% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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View Coralville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Coralville on your salary?

At $1,263/mo, how Coralville rent compares to typical pay (30% rule).

By apartment size

Coralville rent by bedroom count

Median rent for each apartment size in Coralville. Click any size for full breakdown.

Local insights

Tips for renters in Coralville

About renting in Coralville, IA

Last updated: July 20, 2026

The median rent in Coralville is $1,263/mo as of July 2026. A studio apartment averages $790/mo while a 2-bedroom runs $1,070/mo. One-bedroom apartments average $890/mo and 3-bedroom units go for $1,500/mo.

At 22% of local median household income ($69,144/yr), Coralville ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.

FAQ

Frequently asked questions

Is Coralville an affordable city for renters?

Coralville is considered very affordable for renters. At $1,263/mo, rent takes approximately 22% of the local median household income ($69,144/yr). The standard benchmark is 30%. Coralville falls comfortably within that range.

How much income do you need to rent in Coralville?

To keep rent at or below 30% of gross income, you would need to earn at least $51,000/year (~$25/hour full-time) to afford the median rent of $1,263/mo in Coralville. The local median household income is $69,144/yr, meaning the typical Coralville household meets that threshold.

Is rent going up or down in Coralville?

Rent in Coralville has increased 3.8% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Coralville rent compare to other cities in Iowa?

Coralville is middle-of-the-pack for Iowa for rent, ranking #17 out of 32 tracked cities at $1,263/mo.

What percentage of Coralville residents rent vs. own?

According to Census data, approximately 44.1% of Coralville households are renters, while 55.9% are owner-occupied. Coralville leans toward homeownership, which can mean a smaller rental inventory.

How does Coralville rent compare to the national average?

Coralville's median rent of $1,263/mo is $702 (36%) below the US national median of $1,965/mo. Within Iowa, it ranks #17 out of 32 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,263/mo, rent takes ~22% of Coralville's median household income ($69,144/yr). The standard benchmark is 30%.

Coralville 22%Benchmark 30%
State income tax3.8%
Run the Coralville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Coralville, IA

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