Real Estate Investing in Farmington, Iowa

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

1 ZIP codes • Population: 1,151 • Van Buren County

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

🏠 For Homebuyers
GOOD FIT
Grade B (77/100)

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

📈 For Investors
MIXED
3.0 / 5 (52/100)

Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.

⚠️ Risks to Know
1 flag
  • High vacancy: 19.2% of homes vacant — above national norms.

What’s happening in Farmington, IA?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

9.2% 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 $143,410
Avg Monthly Rent $873
ZIP Codes 1

Investing in Farmington Real Estate

Across Farmington's 1 ZIPs, the picture is lackluster: $143K median values, $873/mo rents, and a population that has faced real economic pressure.

Farmington is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state investors should be especially careful with the assumptions they carry in.

Transaction volume in Farmington has thinned in a way that amplifies price discovery risk. Stepping back, investors without local context should treat every number on the page with skepticism.

Demographics in Farmington show real pressure — median income of $N/AK is thin relative to rents, and the 0% renter share includes significant cost-burdened households.

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 Fort Madison-Keokuk, IA-IL-MO

Farmington 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 Farmington, IA. Anonymous, moderated, never written by AI.

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Avg Home Value
$143,410
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (IA)

ZIP Codes in Farmington, IA

Screen every ZIP in Farmington

Filter Farmington’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 Farmington, IA

Should investors consider Farmington, IA?

Yes - Farmington, IA a 3.0/5 investability score. With $143K home prices against $873/mo monthly rent, the market delivers a reasonable entry point for new investors.

What monthly rent should investors expect in Farmington, IA?

Rents in Farmington, IA run near $873/mo. Compared with median home prices of $143K that produces solid gross yields for typical rentals.

How expensive is real estate in Farmington, IA?

In Farmington, IA the median home value sits at $143K. Against the broader IA market, that reads as reasonable for most investors.

What investment strategy works best in Farmington, IA?

Investors usually favor careful cash-flow rentals with hands-on management in Farmington, IA. With home values at $143K and rents near $873/mo, other strategies can work but produce consistent rather than outsized returns.

Are landlord laws favorable in Farmington, IA?

Farmington, IA falls under IA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

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