Real Estate Investing in Dickens, Iowa

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 395 • Clay County

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Should you buy in Dickens, IA? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 14.1% of homes vacant — above national norms.

What’s happening in Dickens, IA?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

9.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $245,437
Avg Monthly Rent $1,026
ZIP Codes 1

Investing in Dickens Real Estate

Dickens, IA covers 1 ZIP codes and a population but the investment metrics here are underwhelming — this is not a market to enter casually.

Investors considering Dickens, IA should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rent trends and price trends in Dickens are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Iowa.

The 0% renter share in Dickens masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Spencer, IA

Dickens is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Dickens, IA. Anonymous, moderated, never written by AI.

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Avg Home Value
$245,437
Avg Monthly Rent
$1,026
1% Rule
✗ Below
Landlord Friendly (IA)

📉 Market Crash Risk Index

Based on Spencer, IA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Spencer, IA metro
0
Days to pending
6.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Dickens, IA

Screen every ZIP in Dickens

Filter Dickens’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Dickens, IA

Is Dickens, IA a good market for buy-and-hold investors?

Investors tracking Dickens, IA will find a 3.0/5 rating supported by $245K median home values and $1,026/mo rents. That profile suits long-term holders targeting predictable returns.

Is the tenant base reliable in Dickens, IA?

Tenant demand in Dickens, IA is solid. The local workforce $1,026/mo rents across most rental classes.

Should investors worry about vacancy in Dickens, IA?

Vacancy in Dickens, IA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,026/mo.

Is Dickens, IA suited for a house hack?

The a challenging house-hack environment in Dickens, IA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

How much do tenants pay in Dickens, IA?

Expect rents around $1,026/mo per month in Dickens, IA. With home values at $245K, the yield math works out to reasonable levels for rental investors.

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