Housing in Cherokee, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$145,558
Cherokee vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Cherokee is highlighted.
Median Home Value
30th%ilemost expensive$119,400show rank
Median Rent
17th%ilemost expensive rent$707show rank
Rent Burden
42nd%ilehighest rent burden17.4%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$119,400
Median Rent
$707
Total Housing Units
2,368
Vacancy Rate
3.3%
Owner Occupied
63.8%
Renter Occupied
36.2%
Median Property Tax
$1,611
per year
Monthly Cost (w/ Mortgage)
$753
Housing Types
Single Family77.2%
Multi-Family21.5%
Mobile Home1.3%
The median home value in Cherokee, IA is $119,400. According to Zillow, the home value index for Cherokee is $145,558. The median rent is $707 per month (Census ACS). About 63.8% of housing units are owner-occupied. The median year homes were built is 1961. There are 2,368 total housing units.