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RE Intelligence

Rental numbers for Warren County, IA

The typical home here runs -$1,482 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.6%.

Gross yield
4.5%
typical home, Zillow
Median ZIP yield
4.6%
2 ZIPs with full data
Cash flow
-$1,482/mo
at 7.78%, 25% down
Typical price
$323,000
Zillow ZHVI, Aug 2026
Typical rent
$1,203/mo
Zillow ZORI, Aug 2026

ZIP codes in Warren County

11 with published figures

50118Hartford$237,000$1,380*7.0%3.1%-$668n/a
50047Carlisle$290,000$1,460*6.0%2.3%-$1,010n/a
50160Martensdale$222,000$990*5.3%1.5%-$918n/a
50166Milo$278,000$1,090*4.7%1.6%-$1,123n/a
50001Ackworth$421,000$1,640*4.7%1.7%-$1,685n/a
50211Norwalk$343,000$1,3084.6%1.0%-$1,556n/a
50125Indianola$313,000$1,1854.5%1.0%-$1,429n/a
50139Lacona$309,000$1,090*4.2%0.9%-$1,423n/a
50210New Virginia$361,000$1,260*4.2%1.4%-$1,527n/a
50229Prole$495,000$1,170*2.8%0.0%-$2,656n/a
50061Cumming$601,000$1,280*2.6%-0.4%-$3,448n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+2.1%
Rent, 12 months
+2.4%
Rent minus price growth
+0.3 pts
Property tax
1.43%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10010511011512020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$269,696n/a
Aug 2022$300,609n/a
Aug 2023$302,389$1,090
Aug 2024$308,156$1,154
Aug 2025$316,751$1,175
Aug 2026$323,475$1,203

HUD Fair Market Rent

FY2027, Des Moines-West Des Moines, IA HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,102$1,145$1,360$1,856$1,901

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
19.4
401 units, last 12 months
National percentile
90th
among US counties

Tools

Test a listing in Warren County against today's rate.

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Part of the Des Moines, IA metro.

Questions

Is Warren County good for rental property?
The typical home here runs -$1,482 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Warren County?
About 1.43% of value, from Census ACS median taxes paid over median home value. On a $323,000 home that is about $4,639 a year.
What is Fair Market Rent in Warren County?
HUD's FY2027 Fair Market Rent here is $1,145 for a 1-bedroom, $1,360 for a 2-bedroom and $1,856 for a 3-bedroom. Typical cash flow at today's rate is -$1,482 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.