Burlington, Des Moines County, IA

Median Home Price Price

$119,934 $119.9K

Median Monthly Rent Rent

$1,052 $1.1K

9.0x

Market Snapshot

Burlington, Des Moines County, IA is a city market with a median home price of $119,934, a median monthly rent of $1,052, a GRM of 9.0x, and a price-to-rent ratio of 9.5.

More markets to explore

Top recommendation Within state Higher GRM Premium price Lower rent
High confidence
Price $165.1K
Rent $625
GRM 22.0x
Within state Higher GRM Premium price Similar rent
High confidence
Price $385.1K
Rent $1.1K
GRM 30.0x
Explore the data

No similar markets found for this scope.

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Le Grand, Marshall County, IA
$165K $625 22.0x
Adel, Dallas County, IA
$385K $1.1K 30.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$197K $1.2K 14.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Burlington

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Benchmark comparison

Rent in Burlington, IA is 68.3% higher than Le Grand, IA.

Burlington, IA
Le Grand, IA
Delta
Median rent
$1,052
$625
-$427
Median price
$119,934
$165,114
+$45,180
YoY change
+$42
+$34
-$8
Price-to-rent
9.5x
22.0x
+12.5x

Key takeaways

  • Burlington, Des Moines County, IA has a lower-grm screening profile: At 9.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $42 year over year.
  • Rent in Burlington, IA is 68.3% higher than Le Grand, IA.