Housing in Independence, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$210,039
Independence vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Independence is highlighted.
Median Home Value
43rd%ilemost expensive$156,900show rank
Median Rent
26th%ilemost expensive rent$769show rank
Rent Burden
12th%ilehighest rent burden12.8%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$156,900
Median Rent
$769
Total Housing Units
2,856
Vacancy Rate
6.4%
Owner Occupied
70.8%
Renter Occupied
29.2%
Median Property Tax
$2,670
per year
Monthly Cost (w/ Mortgage)
$929
Housing Types
Single Family75.0%
Multi-Family21.9%
Mobile Home3.0%
The median home value in Independence, IA is $156,900. According to Zillow, the home value index for Independence is $210,039. The median rent is $769 per month (Census ACS). About 70.8% of housing units are owner-occupied. The median year homes were built is 1968. There are 2,856 total housing units.