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Independence, IA Home Values and Rents
The typical home value in Independence is $210,942, 147th highest of 281 cities and towns in Iowa. Median rent is $820 a month.
- Typical home value
- $210,942
- 147th of 281 in IA
- Median rent
- $820/mo
- ACS 2020-2024
- Price change, 1 year
- +3.9%
- Sep 2026
- Homeownership
- 72.2%
- IA: 71.7%
Typical home value in Independence
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Independence |
|---|---|
| Sep 2026 | $210,942 |
| Dec 2025 | $208,209 |
| Dec 2024 | $193,362 |
| Dec 2023 | $184,736 |
| Dec 2022 | $180,157 |
| Dec 2021 | $161,778 |
| Dec 2020 | $145,846 |
| Dec 2019 | $137,145 |
| Dec 2018 | $127,978 |
| Dec 2017 | $124,226 |
| Dec 2016 | $123,857 |
| Dec 2015 | $123,041 |
| Dec 2014 | $119,578 |
| Dec 2013 | $115,705 |
| Dec 2012 | $108,121 |
Over five years, Independence prices changed +32.9%.
Source: Zillow Research · Last updated 09/01/2026
Fair Market Rents, FY2027
HUD rent standard for Buchanan County, IA
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $712 | -0.1% |
| 1 bedroom | $716 | -0.3% |
| 2 bedrooms | $937 | -0.5% |
| 3 bedrooms | $1,297 | +1.2% |
| 4 bedrooms | $1,522 | +3.7% |
Frequently asked questions
- What is the typical home value in Independence, IA?
- The typical home value in Independence is $210,942 (Zillow Home Value Index, Sep 2026). The Iowa median is $208,000.
- How much is rent in Independence?
- The median rent in Independence is $820 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $937.
- Are home prices going up in Independence?
- The typical home value in Independence changed +3.9% over one year and +32.9% over five years, as of Sep 2026.
- How does Independence compare with the rest of Iowa?
- Independence has the 147th highest median home value of 281 cities and towns with 1,000+ residents in Iowa.