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University Heights

Learn about the people, housing, costs and businesses in University Heights, Iowa

Median Home$387,700
Median Rent$996/month
Population1,249
Leading IndustryPublic Administration61% of local workforce
Home Value Growth+8.6% over 2 years
Young Adults54% of residentstop 1% nationally
Renters64% of occupied units
NotableHighly Educated33% bachelor's · 18% graduate · top 5% nationally
University Heights
IA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in University Heights?

As of today, the 30-year fixed mortgage rate for University Heights is approximately 6.978% (7.020% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in University Heights?

The median home value in University Heights is $388k. The median monthly rent is $996. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in University Heights?

Home values in University Heights have increased 8.6% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in University Heights?

Based on a typical all-in ownership cost of $1,051/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in University Heights is $56k/year.

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What industries drive the economy in University Heights?

The largest employment sectors in University Heights are public administration (61%) and healthcare (5%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.