Market Summary

Drake, Polk County, IA

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Median Home Price Price

$199,769 $199.8K

Median Monthly Rent Rent

$1,283 $1.3K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Polk County

Region Price Rent GRM Display
$175,447 $1,424 10.0x
$203,622 $1,347 13.0x
$202,899 $1,313 13.0x
$160,763 $1,187 11.0x
$241,180 $1,339 15.0x
$205,888 $1,391 12.0x
$175,856 $1,320 11.0x
$212,173 $1,204 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IA outside of Polk County

Region Price Rent GRM Display

Home prices

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Monthly rent

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GRM

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Similar markets outside of IA

Region Price Rent GRM Display
$202,688 $1,235 14.0x
$214,541 $1,239 14.0x
$218,447 $1,385 13.0x
$264,477 $1,342 16.0x
$362,284 $1,386 22.0x
$219,742 $1,342 14.0x
$186,413 $1,304 12.0x
$182,051 $1,203 13.0x
$170,677 $1,252 11.0x
$201,478 $1,241 13.0x
$207,978 $1,445 12.0x
$218,170 $1,331 14.0x

Home prices

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Monthly rent

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GRM

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Drake

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Trend Insights

Median Rent in Drake, IA is $1,283, with MoM change +$8 and YoY change +$40 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Drake, IA.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Drake, IA
Compare market Select a market
Delta vs base
Median rent
$1,283
N/A
Median price
$199,769
N/A
YoY change
+$40
N/A
Price-to-rent
13.0x
Data unavailable
Frequently Asked Questions