Real Estate Investing in Leon, Iowa

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

1 ZIP codes • Population: 2,715 • Decatur County

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

🏠 For Homebuyers
MIXED
Grade C (59/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

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

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 16.2% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.5% CAGR).

What’s happening in Leon, IA?

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3.0/ 5

Investability

Citywide average

1.0/ 5

Appreciation

0.5% 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 $147,845
Avg Monthly Rent $828
ZIP Codes 1

Investing in Leon Real Estate

Leon in Iowa is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Across Leon's 1 ZIPs, fundamentals run modest: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

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

Demographics in Leon show real pressure — median income of $N/AK is muted 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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Landlord Ground Truth

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

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Avg Home Value
$147,845
Avg Monthly Rent
$828
1% Rule
✗ Below
Landlord Friendly (IA)

ZIP Codes in Leon, IA

Screen every ZIP in Leon

Filter Leon’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 Leon, IA

Should investors worry about vacancy in Leon, IA?

Vacancy risk in Leon, IA is elevated. That supports reliable cash flow for typical rental holds.

What is the typical rental rate in Leon, IA?

Rent in Leon, IA is around $828/mo. The resulting rent-to-value relationship with $148K pricing is reasonable for most investor models.

How landlord-friendly is Leon, IA?

IA law landlord-friendly for landlords, and Leon inherits those rules. Investors should still review local ordinances for rental licensing.

Does a duplex house hack pencil in Leon, IA?

House hacking works a challenging in Leon, IA. Rents of $828/mo against $148K acquisition make the strategy solid for owner-occupants.

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

Leon, IA rates 3.0/5 for investability. With median values at $148K and rents near $828/mo, the market offers reasonable fundamentals for rental investors.

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