Mortgage Rates in Dubuque, Iowa — March 2026
Updated March 2026 | Based on Dubuque market data and regional lending conditions
Dubuque is a growing city in Iowa with a population of 59,667. The current 30-year fixed mortgage rate in Dubuque is 6.74%, which is 0.09% above the national average. With a median home price of $185,000 and a 20% down payment of $37,000, homebuyers can expect a monthly principal and interest payment of approximately $959.
Current Mortgage Rates in Dubuque, IA
Below are the current average mortgage rates available in the Dubuque area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.74% | 6.65% | +0.09% |
| 15-Year Fixed | 5.98% | 5.89% | +0.09% |
| 5/1 ARM | 6.24% | 6.15% | +0.09% |
| FHA | 6.34% | 6.25% | +0.09% |
| VA | 6.14% | 6.05% | +0.09% |
| Jumbo | 6.94% | 6.85% | +0.09% |
Dubuque Housing Market Overview
The Dubuque housing market offers relatively affordable housing compared to many major cities. The median household income in Dubuque is $48,250, and the cost of living index is 83.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $51,471 to comfortably afford the median-priced home in Dubuque, which exceeds the current median household income.
Monthly Payment Breakdown for Dubuque
Based on the median home price of $185,000 with 20% down ($37,000), here is what you can expect to pay monthly in Dubuque:
15-Year vs. 30-Year Mortgage in Dubuque
Choosing a 15-year mortgage in Dubuque at 5.98% instead of a 30-year at 6.74% would save you $120,780 in total interest over the life of the loan. However, your monthly payment would be $1,247 instead of $959 — an increase of $288 per month.
Calculate Your Dubuque Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Dubuque
What are the current mortgage rates in Dubuque, IA?
As of March 2026, the average 30-year fixed mortgage rate in Dubuque, Iowa is 6.74%, while the 15-year fixed rate is 5.98%. FHA loans average 6.34% and VA loans 6.14%. These rates are 0.09% above the national average of 6.65%.
How much is a monthly mortgage payment in Dubuque?
Based on the median home price of $185,000 with 20% down, the estimated monthly mortgage payment in Dubuque is $959 for principal and interest. Including property taxes of $242/month, the total monthly housing cost is approximately $1,201.
What income do I need to buy a home in Dubuque?
Using the 28% rule, you would need an annual income of approximately $51,471 to afford the median-priced home in Dubuque at $185,000. The median household income in Dubuque is $48,250. This means most households would need to either earn above the median or consider homes below $185,000.
Is Dubuque a good place to buy a home in 2026?
Dubuque offers a below-average cost of living with a cost of living index of 83.5 (national average = 100). The property tax rate in Iowa is 1.57%, which is above the national average. Dubuque has a population of 59,667 and offers a very affordable lifestyle.
Mortgage Rates in Other Iowa Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Dubuque, Iowa area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.