Real Estate Investing in Red Oak, Iowa

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

1 ZIP codes • Population: 7,004 • Montgomery County

☆ Watch this market Free account

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

🏠 For Homebuyers
GOOD FIT
Grade B (78/100)

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

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

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: 11.1% vacancy may signal weakening demand.

What’s happening in Red Oak, IA?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.5% 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 $136,004
Avg Monthly Rent $714
ZIP Codes 1

Investing in Red Oak Real Estate

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

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

The $714/mo / $136K relationship in Red Oak looks muted once vacancy and capex are incorporated into underwriting. leans the realized yield tends to disappoint.

Demographics in Red Oak show real pressure — median income of $N/AK is lackluster 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.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

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

Do you own or manage rentals in Red Oak, IA?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$136,004
Avg Monthly Rent
$714
1% Rule
✗ Below
Landlord Friendly (IA)

ZIP Codes in Red Oak, IA

Screen every ZIP in Red Oak

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

View Plans

Frequently Asked Questions About Red Oak, IA

What do landlords charge for rent in Red Oak, IA?

Investors in Red Oak, IA typically see rents near $714/mo per month against $136K home values - a solid setup for rental cash flow.

How strong is tenant demand in Red Oak, IA?

The tenant pool in Red Oak, IA is solid, supported by local employment and population fundamentals. Rents of $714/mo are well-absorbed by the market.

Is vacancy a concern in Red Oak, IA?

Occupancy in Red Oak, IA runs measured with elevated vacancy. Well-priced units at $714/mo lease on reasonable timelines.

Can I house hack in Red Oak, IA?

House hacking in Red Oak, IA is a challenging. With home values around $136K and rents at $714/mo, owner-occupants can offset a meaningful share of PITI.

Is Red Oak, IA a smart market for rental property?

Red Oak, IA comes in at an investability rating of 3.0/5, with median home values near $136K and average rents around $714/mo. That combination puts it in the resilient tier for investor interest.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Red Oak, IA.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.