Iowa City is home to the University of Iowa and its major academic medical center, supporting steady student and healthcare-worker housing demand. Johnson County's property tax rate is the lowest among Iowa's major metros.
Recommended for incomes above $75k/yr (28% DTI rule)
Iowa City housing market
The 1.5% property tax rate reflects the county-level effective rate for Iowa City and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Iowa average — county-level data produces more accurate monthly payment estimates for Iowa City buyers. Many Iowa City properties also carry HOA fees — the area average is approximately $150/month, which is not included in the calculator above.
Rate history
Compare statewide
Iowa Mortgage Calculator →
See statewide averages and other Iowa cities.
Not sure what to offer?
Try the Affordability Calculator →
Find your max home price based on income and debts.
Comparing loan offers?
Mortgage Comparison Worksheet →
Line up lender quotes side by side in a free spreadsheet.
FAQ