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university of iowa real estate

University of Iowa

University of Iowa Real Estate

Welcome to the College Real Estate Page for the University of Iowa in Iowa City, Iowa. Many parents ponder whether they should buy or rent while their students attend college. For some the answer is to buy and for others the answer is to rent. College Real Estate hopes to help you find which is the right answer for you. Another great tool in helping you decide is our College Real Estate guide book that walks you through the entire process of buying student property. We hope you find this site useful and welcome any and all feed back. If you would like to be connected with a College Real Estate's exclusive Realtor in Iowa City, Iowa please visit our buying page. If you have decided that buying student housing is not the right answer for you and would like to be connected with a leasing specialist please visit our leasing page.

The University of Iowa

Located in Iowa City, the University of Iowa is home to 26,000 students making it the largest in the entire state. Iowa Hawkeyes add to the 202,000 people already living in the City during the school year. The Iowa River gently runs north and south through the campus dividing it into east and west sides. The campus is bordered by Park Road to the north and Dubuque and Gilbert Streets run roughly east of campus.

While the U of I was ranked 12th biggest party school by the Princeton Review, parents need not worry. The school was hailed by authors as a public institution that “provides an Ivy League collegiate experience at a public school price”. The town offers more than just drinking to students as well, with bowling, plays, several restaurants, movie theaters and a variety of other activities.

Hawkeye undergrad tuition: $6,293 (in-state) $19,465 (out-of-state)

Hawkeye room and board: $7,250 (average)

Real Estate in Iowa City

Real estate in the city continues to do well despite the recent dive in the national housing market. This is usually the case in most large college towns as the steady influx of students needing housing provides an element of insulation from what the rest of the market may experience. 2007 reports show the median price asked for housing units at $130,400. Near the downtown area, 2 and 3 bedroom houses are currently priced from 250K. Typically, the University students in this area are either renting houses in Iowa City or are buying one of the many condos near campus.

“Students would like to live downtown, but it’s expensive, so they move further out to Coralville and North Liberty, because it’s cheaper.” says Kellie Spratt, a member of Jill Armstrong’s team of realtors. Jill Armstrong’s team was selected as College Real Estate’s exclusively approved partner in the Iowa City area.

Looking for Apartments in Iowa City?

You’ll want to begin looking about 2 months prior to your desired move-in date. Rent starts at $450 for a single bedroom apartment, and expect to spend upwards of $120 for each additional bedroom. Of course, listings are more expensive as you get closer to the downtown area.

University of Iowa News

Other Helpful Resources

College Real Estate’s goal is to make the moving transition as worry and stress free as possible so we have created a moving center which provides you with helpful information from your utility providers to local grocery centers, restaurants, churches and much more.

College Real Estate also offers a How To database that will keep a new homeowner or those of you renting a house or an apartment from paying an arm and a leg for a service that can easily be done yourself. You can learn how to fix the garbage disposal, light the pilot light, the best way to get rid of rodents, and many other useful lessons. We invite you to take advantage of this knowledge or even post your own helpful article.