Real Estate Investing in Hiawatha, Iowa

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

1 ZIP codes • Population: 7,008 • Linn County

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

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
  • Elevated vacancy: 9.0% vacancy may signal weakening demand.

What’s happening in Hiawatha, IA?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.4% 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 $264,435
Avg Monthly Rent $932
ZIP Codes 1

Investing in Hiawatha Real Estate

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

decisively Hiawatha's aggregate rating of ★★★☆☆ reflects sluggish investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Rents in Hiawatha at $932/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

A an established population with $N/AK household income profile is what makes Hiawatha a challenging rental market — the tenant base is present, but the affordability math is tight.

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 Cedar Rapids, IA

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$264,435
Avg Monthly Rent
$932
1% Rule
✗ Below
Landlord Friendly (IA)

📉 Market Crash Risk Index

Based on Cedar Rapids, IA metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
46%
Days Pending
1/2
41 days

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❄️ Cool Market — Cedar Rapids, IA metro
41
Days to pending
10.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Hiawatha, IA

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Filter Hiawatha’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 Hiawatha, IA

What price range are homes in Hiawatha, IA?

The median home value in Hiawatha, IA is roughly $264K. That puts it reasonable relative to the IA statewide average.

Should investors consider Hiawatha, IA?

With a 3.0/5 investability score, Hiawatha, IA ranks as a solid market for rental property investors. Median prices of $264K and rents of $932/mo drive the underlying numbers.

How qualified is the tenant pool in Hiawatha, IA?

The tenant pool in Hiawatha, IA is solid, supported by local employment and population fundamentals. Rents of $932/mo are well-absorbed by the market.

What is the typical vacancy rate in Hiawatha, IA?

Occupancy in Hiawatha, IA runs measured with elevated vacancy. Well-priced units at $932/mo lease on reasonable timelines.

Does Hiawatha, IA favor landlords or tenants?

Hiawatha, IA operates under IA law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.

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