Commercial Real Estate Market in Urbandale, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
149 active listings and 866 off-market properties in Urbandale, IA. Commercial property asks $43/SF to buy and $10.46/SF/Yr to lease.
Market Trends
Urbandale, IA spans 44.6 square miles in Polk County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Urbandale, IA runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Urbandale, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Urbandale, IA runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Urbandale, IA asks $142/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 63.4%
- Planned_development 25.7%
- Commercial 8.5%
- Industrial 2%
- Open space 0.5%
Largest Zones share of zoned land by district
Suburban Density Single Family
Planned Unit Development
Agricultural Reserve
Estate Residential
Low Density Single Family
Urbandale, IA zones 14,395 acres across 17 districts. Commercial zoning covers 8.5% of zoned land, residential 63.4%, open space 0.5% and industrial 2%. The largest single district is Suburban Density Single Family at 28%. For commercial buyers the practical constraint is that only 10.5% of land carries a commercial or industrial designation.
Suburban Density Single Family (R-1S)
RICTS. § 160.04 “A-1” AGRICULTURAL RESERVE DISTRICT. § 160.05 “A-2” ESTATE RESIDENTIAL DISTRICT. § 160.06 “R-1L” LOW DENSITY SINGLE-FAMILY DISTRICT. § 160.07 “R-1I” INTERMEDIATE DENSITY SINGLE-FAMILY DISTRICT. § 160.08 “R-1S” SUBURBAN DENSITY SINGLE-FAMILY DISTRICT. § 160.09 “R-2” TOWNHOUSE RESIDENTIAL DISTRICT. § 160.10 “R-3” LOW DENSITY MULTI-FAMILY DISTRI…
Market overview
Demographics & Economy
Urbandale, IA has 72,702 residents in 29,233 households. Density runs 1,628 people per square mile. Median household income here is $113,301 and median gross rent $1,271 a month.
72,702
Population
29,233
Households
2.5
Avg Household Size
38
Median Age
53%
College-Educated
96%
High-School Grad
44.6 sq mi
ZIP Area
1,628
Density / Sq Mi
$113,301
Median Household Income
$60,731
Median Earnings
$1,271
Median Rent
$335,904
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Windsor Heights | — | — |
| Clive | — | $15.70 |
| Johnston | — | $17.20 |
| Beaverdale | — | — |
Commercial property in Urbandale, IA asks $43/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Urbandale?
Commercial property in Urbandale, IA asks an average of $43 per square foot. The 7 most recent recorded sales traded at a median of $146/SF. Multifamily carries the highest asking price at $142/SF.
How much does it cost to lease commercial space in Urbandale?
Asking lease rates in Urbandale, IA average $10.46 per square foot per year.
What zoning applies to commercial property in Urbandale?
Urbandale, IA zones 14,395 acres across 17 districts, of which 8.5% is commercial and 2% industrial. The largest single district is Suburban Density Single Family at 28% of zoned land. RICTS. § 160.04 “A-1” AGRICULTURAL RESERVE DISTRICT. § 160.05 “A-2” ESTATE RESIDENTIAL DISTRICT. § 160.06 “R-1L” LOW DENSITY SINGLE-FAMILY DISTRICT. § 160.07 “R-1I” INTERMEDIATE DENSITY SINGLE-FAMILY DISTRICT. § 160.08 “R-1S” SUBURBAN DENSITY SINGLE-FAMILY DISTRICT. § 160.09 “R-2” TOWNHOUSE RESIDENTIAL DISTRICT. § 160.10 “R-3” LOW DENSITY MULTI-FAMILY DISTRI… Residential zoning covers 63.4% and open space 0.5%.
Where does Realmo's Urbandale market data come from?
Realmo compiles Urbandale, IA figures from 8 recent recorded sales, 100 active sale listings, 49 active lease listings, 866 tracked off-market properties, the current Urbandale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 100 active for-sale and 49 active for-lease listings in Urbandale, IA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 14,395 zoned acres across 17 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
