Waveland Park, Polk County, IA

Median Home Price Price

$254,901 $254.9K

Median Monthly Rent Rent

$1,287 $1.3K

16.0x

Market Snapshot

Waveland Park, Polk County, IA is a neighborhood market with a median home price of $254,901, a median monthly rent of $1,287, a GRM of 16.0x, and a price-to-rent ratio of 16.5.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

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01 Frisbee Park, Polk County, IA
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Price $193.1K
Rent $1.3K
GRM 12.0x
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Beaverdale
$246K $1.3K 16.0x
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Frisbee Park
$193K $1.3K 12.0x

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Monthly rent

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College Creek/Old Ames, Story County, IA
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Trier Ridge Park, Allen County, IN
$209K $1.1K 16.0x
Cressmoor Prairie, Lake County, IN
$233K $1.2K 16.0x
Bluewater Estates, Allen County, IN
$323K $1.2K 22.0x

Home prices

Monthly rent

GRM = home price / annual rent

Waveland Park

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Benchmark comparison

Compare Waveland Park, IA to another market.

Compare to Beaverdale, IA
Waveland Park, IA
Beaverdale, IA
Delta
Median rent
$1,287
N/A
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Median price
$254,901
N/A
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YoY change
+$64
N/A
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Price-to-rent
16.5x
Data unavailable
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Key takeaways

  • Waveland Park, Polk County, IA has a middle-grm screening profile: At 16.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $64 year over year.
  • Next discovery step: compare Beaverdale, Polk County, IA from the Same county set.