Highlights
- The average rent for office space in Urbandale is $14.26 per square foot, 6.69% higher compared to the previous year.
- The market’s vacancy rate stands at 26.80%, higher than the state average of Iowa, which is 23.99%.
2025 Office Space Rent & Sales
- $14.26 2025 Avg. Asking Rent
- 6.69% Y-o-Y Avg. Asking Rent Change
- 26.80% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Urbandale?
Average asking rents for office space here stand at $14.26 per square foot. The local office market recorded an average vacancy rate of 26.80% in 2025, unchanged from 26.80% in 2024.
Urbandale, IA Office Asking Rents by Class
What is the average office rent per square foot by property class in IA?
- Avg. Asking Rent Class A & A+$19.44
- Avg. Asking Rent Class B$12.67
- Avg. Asking Rent Class C$8.02
For comparison, the average rent for Class A and A+ office space in Iowa was $19.44 per square foot. The state-wide average for Class B space was $12.67 per square foot, and Class C office spaces averaged $8.02 per square foot.
Urbandale, IA Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Northwest | $15.41 | 9.13% |
| Urbandale | $14.31 | 27.88% |
Office Construction in Urbandale, IA
What are the largest recent office completions in Urbandale?
The largest recent office completion here is Crescent at 216,165 square feet, completed in 2008. The next largest completions are Paradigm and Northshore Office Complex.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Paradigm | 12100 Meredith Drive Urbandale, Iowa 50323, 50323 | 90,000 | 2018 |
| Crescent | 12421 Meredith Drive, 50323 | 216,165 | 2008 |
| Crossroads Business Park - Building 11 | 12010 Ridgemont Drive, 50323 | 75,000 | 2004 |
| 10604, 10640 & 10668 Justin Drive | 10604 Justin Drive, 50322 | 61,440 | 2003 |
| 8134 Douglas Ave | 8134 Douglas Ave, 50322 | 3,862 | 2003 |
| 8134 Douglas Ave | 8134 Douglas Ave, 50322 | 3,862 | 2003 |
| Northshore Office Complex | 4093 NW Urbandale Drive, 50322 | 90,000 | 2001 |
| 4432-4458 NW Urbandale Drive | 4454 NW Urbandale Drive, 50322 | 38,655 | 2000 |
| Westmark Plaza II | 2701-2733 86th St, 50322 | 22,000 | 2000 |
| 3001-3035 86th St | 3001-3035 86th St, 50322 | 17,557 | 1999 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.