Housing & Real Estate — Underwood, Iowa

Overview

Total Housing Units363
Occupied348
Vacant15
Owner-Occupied281
Renter-Occupied67
Median Home Value (Census)$253,500
Estimated 2026~$274,000
Median Rent$819/mo
Median Property Tax$3,669/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income9.3%
Severely Rent-Burdened29.2%

Housing Age

Built 2010 or later14
Built 2000-200967
Built 1990-199942
Built before 196062
Median Year Built1983
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.