Iowa City's housing market is diverse, offering a mix of residential options that cater to a range of preferences and needs. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles ranging from classic bungalows to contemporary designs. Multi-family dwellings such as apartments and condominiums are also available, particularly in areas closer to the city center and university campus, providing options for those seeking a more urban living experience. The homeownership rate in Iowa City is robust, with a healthy balance between owners and renters within the community.