Commercial Real Estate Market in Urbandale, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
87 active listings and 865 off-market properties in Urbandale, IA. Commercial property asks $168/SF to buy (based on 6 listings) and $10.50/SF/Yr to lease.
Market Trends
Urbandale, IA spans 44.6 square miles in Polk County, Iowa. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Urbandale, IA runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Urbandale, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily vacancy in Urbandale, IA runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Clive | $200 | $12.00 |
| West Des Moines | $160 | $16.00 |
Commercial property in Urbandale, IA asks $168/SF. The 2 bordering markets run from $160/SF in West Des Moines to $200/SF in Clive, and the city sits below their $180/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Urbandale?
How much does it cost to lease commercial space in Urbandale?
How does Urbandale compare to nearby markets on price?
What zoning applies to commercial property in Urbandale?
Where does Realmo's Urbandale market data come from?
Methodology & data sources
- Asking prices and medians
- There are 28 active for-sale and 59 active for-lease listings in Urbandale, IA. The medians are based on 6 of the for-sale and 13 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue