Housing in Preston, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$219,261
Preston vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Preston is highlighted.
Median Home Value
39th%ilemost expensive$144,600show rank
Median Rent
29th%ilemost expensive rent$789show rank
Rent Burden
7th%ilehighest rent burden11.4%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$144,600
Median Rent
$789
Total Housing Units
487
Vacancy Rate
4.5%
Owner Occupied
72.3%
Renter Occupied
27.7%
Median Property Tax
$2,211
per year
Monthly Cost (w/ Mortgage)
$915
Housing Types
Single Family87.7%
Multi-Family12.3%
Mobile Home0.0%
The median home value in Preston, IA is $144,600. According to Zillow, the home value index for Preston is $219,261. The median rent is $789 per month (Census ACS). About 72.3% of housing units are owner-occupied. The median year homes were built is 1950. There are 487 total housing units.