FairRentWize

New York vs Iowa: Rent Comparison 2026

Side-by-side comparison of fair market rents, income, and tenant protections between New York and Iowa.

Iowa is 48% cheaper for a 2-bedroom rental than New York, saving renters approximately $739/mo ($8,868/year).

MetricNew YorkIowa
Average 1BR Rent$1,267/mo$647/mo
Average 2BR Rent$1,553/mo$814/mo
Median Income$86,864$46,260
Renter %52.0%31.5%
Tenant Rights9/104/10

Rent Burden Comparison

New York

2BR Rent: $1,553/mo of $86,864/yr income

21.5% of income

Iowa

2BR Rent: $814/mo of $46,260/yr income

21.1% of income

Frequently Asked Questions

Is New York or Iowa cheaper to rent in?

Iowa has lower average rents. A 2-bedroom averages $814/mo, which is $739 less per month than New York (48% cheaper).

Which state has better tenant protections, New York or Iowa?

New York has stronger tenant rights with a score of 9/10 compared to 4/10.

What is the income difference between New York and Iowa?

New York median income: $86,864. Iowa median income: $46,260. Difference: $40,604/year.

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