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Colo, IA Home Values and Rents

The typical home value in Colo is $262,957. Median rent is $950 a month.

Typical home value
$262,957
Zillow
Median rent
$950/mo
ACS 2020-2024
Price change, 1 year
+5.1%
Sep 2026
Homeownership
83.3%
IA: 71.7%

Typical home value in Colo

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodColo
Sep 2026$262,957
Dec 2025$255,505
Dec 2024$245,141
Dec 2023$238,575
Dec 2022$217,700
Dec 2021$197,649
Dec 2020$179,083
Dec 2019$163,762
Dec 2018$151,664
Dec 2017$151,215
Dec 2016$147,807
Dec 2015$143,171
Dec 2014$134,931
Dec 2013$130,684
Dec 2012$126,548

Over five years, Colo prices changed +35.8%.

Source: Zillow Research · Last updated 09/01/2026

Fair Market Rents, FY2027

HUD rent standard for Ames, IA HUD Metro FMR Area

IA rents
Unit sizeMonthly rentvs FY2026
Studio$891-8.3%
1 bedroom$944-8.0%
2 bedrooms$1,061-8.0%
3 bedrooms$1,469-8.2%
4 bedrooms$1,768-8.6%

Frequently asked questions

What is the typical home value in Colo, IA?
The typical home value in Colo is $262,957 (Zillow Home Value Index, Sep 2026). The Iowa median is $208,000.
How much is rent in Colo?
The median rent in Colo is $950 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,061.
Are home prices going up in Colo?
The typical home value in Colo changed +5.1% over one year and +35.8% over five years, as of Sep 2026.