Insights
Iowa
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BACK TO INSIGHTSEXPLORE 2 Iowa MARKETSToggle markets
VACANCY
Distribution / Warehousing
Average Vacancy Rate 7.2%
- Declined by 80 basis points.
- Expected to finish 2019 at.
RENT
Distribution / Warehousing
Average Asking Rent $4.60
- Up 0.4% from year-end 2018.
- Has risen for six consecutive quarters.
- Expected to finish 2019 at.
VACANCY
Apartment
Average Vacancy Rate 5.9%
- Drifted upward by 40 basis points.
- Highest level since Q1 2010.
- Expected to finish 2021 at 5.5%.
Distribution / Warehousing
Average Vacancy Rate 7.9%
- Drifted upward by 20 basis points.
- Among the 20 lowest vacancies nationally.
- Expected to finish 2021 at 7.6%.
Office
Average Vacancy Rate 17.6%
- Lowest in the Midwest region, twenty-sixth lowest in the nation.
- Rose by 160 basis points.
- Highest level since Q2 2004.
Retail
Average Vacancy Rate 10.8%
- Drifted upward by 20 basis points.
- Highest level since Q3 1999.
- Expected to finish 2021 at 12.4%.
RENT
Apartment
Average Asking Rent $947
- Up 0.3% from year-end 2020.
- Expected to finish 2021 at $969.
Distribution / Warehousing
Average Asking Rent $6.00
- Up 0.7% from year-end 2020.
- Fastest rate of increase in five quarters.
- Expected to finish 2021 at $6.08.
Office
Average Asking Rent $18.74
- Down 0.1% from year-end 2020.
- Expected to finish 2021 at $18.42.
Retail
Average Asking Rent $14.03
- Down 0.5% from year-end 2020.
- Expected to finish 2021 at $13.64.