States › Iowa › Coralville

Is Coralville, IA expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,28827% lower than U.S. average
💵 Families earn per year (2026)$74,572about $6,214/month · 14% lower than U.S. average
🔑 House price$298,50010% lower than U.S. average

Rent is lower than in 70% of U.S. cities. A typical house costs about 4.0 years of household income. Commutes are short, about 19.3 minutes. It is a highly educated city: 56% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $51,520 a year. That is $25 an hour at a full-time job.

Is rent cheaper than other Iowa cities?

No. Rent here is more expensive than in most of Iowa. It is number 62 of 86 cities from cheapest to most expensive.

Coralville
$1,288
$1,127
$1,230
$1,619
$1,456

How much do households earn in Coralville?

Under $25k
14.8%
$25k–50k
22.5%
$50k–100k
31.3%
$100k–150k
15.2%
$150k+
11.9%

Share of households by yearly income. 27.1% of households earn $100,000 or more.

Rent by apartment size in Coralville

SizeCoralvilleU.S. average
Studio$958$1,338
1 bedroom$1,276$1,324
2 bedrooms$1,139$1,509
3 bedrooms$1,862$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Coralville overall?

Everyday prices in Iowa overall are 12% below the U.S. average (index 87.8, U.S. = 100).

Housing
65
Goods (food, clothes…)
94
Utilities
83
Other services
93
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Coralville, so the Iowa figure is shown.

Taxes and bills in Coralville

🏛️ Property tax$4,799a year · 1.61% of home value · U.S. $3,119
⚡ Electric bill$104a month (typical) · U.S. $156

Life in Coralville

Commute to work19.3 minU.S.: 26.4 min
College degree56%U.S.: 35.7%
Own their home55.9%U.S.: 65.2%
Below poverty line13%U.S.: 12.5%
Unemployment2.2%U.S.: 5.2%

Is it cheaper to rent or buy in Coralville?

Renting is cheaper right now: about $783 a month less.

Renting
$1,288
Owning
$2,071

Owning assumes a typical $298,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,850 for the down payment.

Frequently asked questions

What is the average rent in Coralville, IA?

Renting in Coralville costs a median of about $1,288 a month in 2026, including utilities. The Iowa median is $1,071.

How much do I need to make to live in Coralville?

To keep rent under 30% of income, you need about $51,520 a year, or $25 an hour at a full-time job.

Is Coralville cheap or expensive?

Coralville is rated OK: rent takes 20.7% of the typical household income of $74,572. It ranks 62nd cheapest of 86 Iowa cities we track.

How much are property taxes in Coralville?

The median homeowner in Coralville pays $4,799 a year in property taxes, about 1.61% of the median home value.

Is Coralville more expensive than the national average?

Overall prices in Iowa are 12% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Coralville?

The median home value in Coralville is $298,500, about 4.0 times the typical yearly household income.

23,234 people live in Coralville. Numbers are typical (middle) values.