Rankings / By State (Affordable)

Most Affordable Colleges in Iowa

By David Krug, Co-Founder, CollegeRanker · Updated 2026-05-31 · 45 schools · Agent Insights

Schools Analyzed

$49,941

Avg. Earnings (10yr)

55%

Avg. Graduation Rate

$18,258

Avg. Net Price

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In Iowa, affordability is a key factor for many students considering higher education. The colleges on this list share a commitment to keeping costs low while providing pathways to solid careers. With net prices hovering around $8,000 to $10,000, these institutions make higher education accessible to many families.

What sets these affordable schools apart is not just their low tuition, but also their outcomes. The average earnings for graduates from these colleges is around $49,941, with a graduation rate averaging 55%. This means students not only graduate but also find jobs that pay well enough to manage their student debt, which typically ranges from $9,500 to $12,000.

For instance, Marshalltown Community College stands out with a graduation rate of 40% and a net price of $8,059, while Kirkwood Community College has a higher graduation rate at 42% but a slightly higher net price at $9,705. This contrast highlights the tradeoff between cost and completion — a crucial consideration as students weigh their options.

Key Findings

Marshalltown Community College has a net price of $8,059 and average earnings of $41,010.

Western Iowa Tech Community College graduates have a 44% graduation rate and average debt of $11,000.

Iowa Central Community College graduates earn an average of $42,046 with a net price of $9,328.

Hawkeye Community College has a graduation rate of 38% and a net price of $9,649.

Quick Numbers

Schools ranked 45

Avg. earnings at 10yr $49,941

Avg. graduation rate 55%

Avg. net price $18,258

Avg. median debt $18,864

How We Ranked

Ranked by lowest net price in Iowa

Read our full methodology →

Earnings vs. Cost

Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.

Graduation Rates

Longer bars = higher graduation rate.

Top 3

Marshalltown Community College

Marshalltown, IA

Graduation40%

Earnings$41,010

Net Price$8,059

View full profile →

Western Iowa Tech Community College

Sioux City, IA

Graduation44%

Earnings$40,473

Net Price$8,770

View full profile →

Iowa Central Community College

Fort Dodge, IA

Graduation43%

Earnings$42,046

Net Price$9,328

View full profile →

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Full Rankings

Marshalltown Community College

Marshalltown, IA · 788 students · Public

With a focused student body of 788, Marshalltown Community College cultivates a tight-knit community. This setting can foster strong relationships between students and faculty, enhancing the educational experience and supporting student needs.

40% graduate $41,010 earnings

Marshalltown's full profile

Western Iowa Tech Community College

Sioux City, IA · 2,647 students · Public

Western Iowa Tech Community College serves over 2,600 students in Sioux City, creating a diverse learning environment. The college's commitment to workforce development is evident in its programs that prepare students for in-demand careers in the region.

44% graduate $40,473 earnings

Western's full profile

Iowa Central Community College

Fort Dodge, IA · 3,103 students · Public

Iowa Central Community College, located in Fort Dodge, serves over 3,100 students and emphasizes hands-on learning. The college is known for its supportive atmosphere and a variety of programs that cater to both academic and vocational interests, making it appealing to a broad spectrum of students.

43% graduate $42,046 earnings

Kirkwood Community College

Cedar Rapids, IA · 7,591 students · Public

With a student body of 7,591, Kirkwood Community College in Cedar Rapids is a hub of opportunity for those seeking an affordable education. The college's graduation rate sits at 42%, and the median earnings after ten years reach $41,016, showcasing a clear pathway to financial stability for graduates.

42% graduate $41,016 earnings

Kirkwood's full profile

Hawkeye Community College

Waterloo, IA · 2,626 students · Public

In Waterloo, Hawkeye Community College serves 2,626 students, offering a range of programs geared toward career readiness. The college promotes a collaborative atmosphere, with opportunities for students to engage in both academic and extracurricular activities that prepare them for future success.

38% graduate $42,849 earnings

Hawkeye's full profile

North Iowa Area Community College

Mason City, IA · 1,320 students · Public

North Iowa Area Community College in Mason City has a strong graduation rate of 58% among its 1,320 students, reflecting its dedication to student success. Graduates can expect to earn a median salary of $43,462 within ten years, which is a promising outcome for those investing in their education here.

58% graduate $43,462 earnings

Southwestern Community College

Creston, IA · 729 students · Public

Southwestern Community College, located in Creston, serves a close-knit community of 729 students. The college achieves a graduation rate of 56%, and its graduates earn a median of $40,129 after ten years, indicating solid returns on their educational investment.

56% graduate $40,129 earnings

Southwestern's full profile

Indian Hills Community College

Ottumwa, IA · 1,495 students · Public

Indian Hills Community College, located in Ottumwa, serves 1,495 students and offers a unique opportunity for those looking for a solid education. Although the graduation rate is 40%, the median earnings for graduates after ten years is $40,507, indicating potential for growth in their careers post-graduation.

40% graduate $40,507 earnings

Indian's full profile

Des Moines Area Community College

Ankeny, IA · 10,446 students · Public

With over 10,000 students, Des Moines Area Community College is a hub of opportunity in Ankeny, Iowa. Graduating 37% of its students, the college prepares them for the workforce with a median earning of $41,018 a decade after graduation, showcasing the potential for career advancement in various fields.

37% graduate $41,018 earnings

Northeast Iowa Community College

Calmar, IA · 1,697 students · Public

Northeast Iowa Community College in Calmar serves a tight-knit community of nearly 1,700 students. With a graduation rate of 50%, students here are finding pathways to success, with median earnings of $41,306 at the ten-year mark, highlighting the college's commitment to preparing its graduates for the job market effectively.

50% graduate $41,306 earnings

Northeast's full profile

#11

Ellsworth Community College

Iowa Falls, IA · 499 students · Public

Ellsworth Community College, located in Iowa Falls, nurtures a unique community of around 500 students. While the graduation rate is 40%, the college still equips graduates with valuable skills, leading to median earnings of $40,562 ten years post-graduation, indicating a stable return on their investment in education.

40% graduate $40,562 earnings

Ellsworth's full profile

#12

Southeastern Community College

West Burlington, IA · 1,699 students · Public

With a student body of 1,699, Southeastern Community College in West Burlington, Iowa, focuses on building a supportive learning environment. Here, 43% of students graduate, and graduates earn a median salary of $36,882 after ten years, which speaks to the school's commitment to student success and workforce readiness.

43% graduate $36,882 earnings

Southeastern's full profile

#13

Emmaus Bible College

Dubuque, IA · 224 students · Private nonprofit

Emmaus Bible College in Dubuque presents a unique opportunity for students seeking a faith-based education, with an impressive graduation rate of 82%. With median earnings of $42,631 a decade after graduation, this private nonprofit college cultivates leaders who are well-prepared for various fields while encouraging personal growth and spiritual development.

60% accepted 82% graduate $42,631 earnings

Emmaus's full profile

#14

Iowa Lakes Community College

Estherville, IA · 941 students · Public

Iowa Lakes Community College in Estherville has a close-knit community vibe with a smaller student population of 941. Although the graduation rate is lower at 36%, the median earnings of $43,108 for graduates after ten years show that many find success in their chosen fields.

36% graduate $43,108 earnings

University of Northern Iowa

Cedar Falls, IA · 7,529 students · Public

With a solid graduation rate of 68%, the University of Northern Iowa in Cedar Falls serves a diverse student body of 7,529. The school focuses on providing a strong foundation in education and professional development, making it a noteworthy option for those looking to thrive in their careers.

93% accepted 68% graduate $55,177 earnings

University's full profile

#16

Eastern Iowa Community College District

Davenport, IA · 3,520 students · Public

Spanning several locations in Davenport, Eastern Iowa Community College District serves a larger student population of 3,520. Despite a graduation rate of 39%, graduates earn a median salary of $39,060 after ten years, indicating that many students find their path to stable careers after completing their studies.

39% graduate $39,060 earnings

Eastern's full profile

#17

Iowa Western Community College

Council Bluffs, IA · 2,916 students · Public

Iowa Western Community College, located in Council Bluffs, serves 2,916 students and has a graduation rate of 40%. This college emphasizes practical skills and certifications, making it a great fit for those looking to enter the workforce quickly and effectively.

40% graduate $42,793 earnings

Northwest Iowa Community College

Sheldon, IA · 864 students · Public

At Northwest Iowa Community College in Sheldon, students benefit from a strong focus on career-oriented programs, with a graduation rate of 57%. This smaller public college enrolls 864 students and creates an environment that prioritizes individual attention and support, ideal for those who thrive in close-knit communities.

57% graduate $50,776 earnings

Northwest's full profile

#19

Maharishi International University

Fairfield, IA · 922 students · Private nonprofit

Located in Fairfield, Maharishi International University is a private nonprofit institution that emphasizes a holistic approach to education. While the graduation rate is lower at 34%, graduates earn a median salary of $27,981 after ten years, which might suggest a need for careful program selection to ensure career readiness.

96% accepted 34% graduate $27,981 earnings

Maharishi's full profile

#20

Faith Baptist Bible College and Theological Seminary

Ankeny, IA · 405 students · Private nonprofit

Faith Baptist Bible College and Theological Seminary in Ankeny is home to 405 students and has a graduation rate of 64%. The college emphasizes a values-based education, making it a strong choice for those seeking a spiritually enriching academic experience alongside their studies.

68% accepted 64% graduate $40,650 earnings

Grinnell College

Grinnell, IA · 1,729 students · Private nonprofit

Grinnell College, located in the heart of Iowa, is home to a tight-knit community of 1,729 students. With an impressive 88% graduation rate and a commitment to liberal arts education, Grinnell encourages students to explore their interests while preparing for a successful future.

15% accepted 88% graduate $62,830 earnings

Grinnell's full profile

#22

Coe College

Cedar Rapids, IA · 1,164 students · Private nonprofit

Coe College, located in Cedar Rapids, is a private liberal arts institution that encourages a blend of academic rigor and personal development. With a graduation rate of 62%, it attracts students who seek an engaging and close-knit educational experience, enhancing both their academic and social skills.

64% accepted 62% graduate $57,125 earnings

Iowa State University

Ames, IA · 25,367 students · Public

Iowa State University in Ames boasts a vibrant campus with over 25,000 students pursuing diverse fields of study. The university's commitment to innovation and research is reflected in its 75% graduation rate and strong job market outcomes, with median earnings of $63,386 ten years after graduation.

89% accepted 75% graduate $63,386 earnings

Buena Vista University

Storm Lake, IA · 1,366 students · Private nonprofit

With a welcoming acceptance rate of 78%, Buena Vista University in Storm Lake, Iowa, presents an inviting environment for students eager to explore their academic interests. The school's commitment to student success is reflected in its 54% graduation rate, indicative of its ability to support students through their college journey.

78% accepted 54% graduate $49,156 earnings

Graceland University-Lamoni

Lamoni, IA · 798 students · Private nonprofit

In the small town of Lamoni, Graceland University is an inviting option for students looking for a supportive environment. With an acceptance rate of 81%, it offers a more accessible path to higher education, though its graduation rate is lower at 40%. This dynamic atmosphere fosters close relationships between students and faculty, which can be crucial for personal and academic growth.

81% accepted 40% graduate $47,361 earnings

Graceland's full profile

#26

Mount Mercy University

Cedar Rapids, IA · 1,107 students · Private nonprofit

Nestled in Cedar Rapids, Iowa, Mount Mercy University is home to a community of around 1,107 students who benefit from a supportive atmosphere. The university boasts a 57% graduation rate, indicating its dedication to helping students achieve their degrees and find their footing in the job market.

83% accepted 57% graduate $60,787 earnings

Upper Iowa University

Fayette, IA · 1,994 students · Private nonprofit

Upper Iowa University, located in Fayette, Iowa, is a place where students can chart their own paths with a remarkably high acceptance rate of 96%. Despite a graduation rate of 38%, the university is known for a close-knit community that encourages personal and academic growth, particularly for those who thrive in a less traditional college setting.

96% accepted 38% graduate $52,766 earnings

Loras College

Dubuque, IA · 1,083 students · Private nonprofit

Loras College, located in Dubuque, Iowa, provides a vibrant educational experience for its 1,083 students, highlighted by a robust graduation rate of 69%. With an acceptance rate of 100%, it welcomes a diverse range of students, nurturing a supportive environment that encourages academic success and personal development.

100% accepted 69% graduate $58,289 earnings

Grand View University

Des Moines, IA · 1,486 students · Private nonprofit

With a 99% acceptance rate, Grand View University is an accessible option for many students seeking a supportive academic environment. Located in Des Moines, Iowa, this private nonprofit institution emphasizes community engagement and personalized learning, making it a strong choice for those who value a close-knit campus atmosphere.

99% accepted 55% graduate $52,824 earnings

University of Iowa

Iowa City, IA · 22,264 students · Public

The University of Iowa stands out for its size and resources, with 22,264 students and a graduation rate of 74%. Located in Iowa City, this public university is known for its strong academic programs and vibrant campus life, providing ample opportunities for both personal and professional growth.

84% accepted 74% graduate $64,762 earnings

University's full profile

#31

Simpson College

Indianola, IA · 1,227 students · Private nonprofit

Simpson College in Indianola, Iowa, offers a vibrant campus life with a graduation rate of 64%. This private nonprofit institution encourages students to engage deeply in their studies, fostering a sense of belonging that helps them succeed both academically and personally.

86% accepted 64% graduate $59,274 earnings

Simpson's full profile

#32

William Penn University

Oskaloosa, IA · 1,301 students · Private nonprofit

William Penn University, located in Oskaloosa, Iowa, has a more intimate student body of 1,301, which can lead to meaningful connections and personalized learning experiences. However, its graduation rate of 31% highlights some challenges in student retention and completion that should be considered by prospective students.

52% accepted 31% graduate $48,936 earnings

William's full profile

#33

Luther College

Decorah, IA · 1,379 students · Private nonprofit

With a strong focus on liberal arts, Luther College in Decorah, IA, offers a vibrant community for its 1,379 students. The school has a graduation rate of 73%, reflecting its commitment to student success and engagement in a supportive environment.

72% accepted 73% graduate $59,850 earnings

Luther's full profile

#34

Central College

Pella, IA · 1,070 students · Private nonprofit

Central College, located in Pella, IA, cultivates a close-knit college experience for its 1,070 students. The school emphasizes student involvement and has a graduation rate of 68%, showcasing a supportive atmosphere that encourages academic and personal growth.

86% accepted 68% graduate $54,317 earnings

Central's full profile

#35

Cornell College

Mount Vernon, IA · 1,086 students · Private nonprofit

Cornell College in Mount Vernon, IA, offers a unique one-course-at-a-time learning approach, creating an immersive educational experience for its 1,086 students. With a graduation rate of 67%, the college fosters a supportive environment that encourages academic dedication and personal development.

80% accepted 67% graduate $53,460 earnings

Cornell's full profile

#36

University of Dubuque

Dubuque, IA · 1,440 students · Private nonprofit

Located in Dubuque, IA, the University of Dubuque serves 1,440 students and emphasizes inclusivity and community. However, the school's graduation rate stands at 41%, highlighting a challenge for many students.

89% accepted 41% graduate $51,190 earnings

University's full profile

#37

Clarke University

Dubuque, IA · 742 students · Private nonprofit

Clarke University in Dubuque, IA, has a close-knit community with a student population of 742, fostering meaningful connections between students and faculty. This supportive environment can be especially beneficial for those who value collaboration and personal attention in their education journey.

72% accepted 56% graduate $55,396 earnings

Clarke's full profile

#38

Saint Ambrose University

Davenport, IA · 1,916 students · Private nonprofit

Saint Ambrose University offers a vibrant campus life in Davenport, IA, where 1,916 students come together to pursue their academic and personal goals. The sense of community here may resonate with students looking for a place to grow both intellectually and socially, supported by a high acceptance rate of 77% that welcomes diverse backgrounds.

77% accepted 62% graduate $59,531 earnings

Briar Cliff University

Sioux City, IA · 624 students · Private nonprofit

Briar Cliff University, located in Sioux City, IA, has a tight-knit community of 624 students, making it an appealing choice for those who thrive in smaller educational settings. With a graduation rate of 48%, the school is committed to supporting its students through personal attention and tailored academic resources.

48% graduate $54,475 earnings

Northwestern College

Orange City, IA · 1,175 students · Private nonprofit

With a welcoming acceptance rate of 80%, Northwestern College in Orange City, IA, provides a supportive environment for students aiming for a close-knit college experience. Approximately 25% of its students receive Pell Grants, highlighting a commitment to making education accessible to those in need. The college emphasizes personal attention, ensuring students can thrive academically and socially in a community-oriented setting.

80% accepted 65% graduate $49,802 earnings

Northwestern's full profile

#41

Dordt University

Sioux Center, IA · 1,597 students · Private nonprofit

Dordt University in Sioux Center, IA, emphasizes a strong academic foundation within a community of 1,597 students. With a graduation rate of 68%, the school is committed to student success and fostering a collaborative learning environment where students can thrive both academically and personally.

68% accepted 68% graduate $52,559 earnings

Mercy College of Health Sciences

Des Moines, IA · 867 students · Private nonprofit

Mercy College of Health Sciences in Des Moines, IA, is uniquely tailored for students who are passionate about healthcare. With a 100% acceptance rate, it welcomes a diverse range of students eager to pursue careers in this essential field. Graduates here can expect to earn a median salary of $62,234 a decade after graduating, a compelling figure for those considering a health sciences education.

100% accepted 56% graduate $62,234 earnings

Drake University

Des Moines, IA · 2,543 students · Private nonprofit

Located in Des Moines, Drake University offers an engaging academic environment with a strong graduation rate of 76%. The university is known for its commitment to student success and provides a range of programs that prepare students for competitive careers. With median earnings of $71,901 ten years after graduation, Drake positions its graduates well in the job market.

64% accepted 76% graduate $71,901 earnings

Morningside University

Sioux City, IA · 1,163 students · Private nonprofit

Morningside University in Sioux City, IA, is a place where students can explore a variety of academic disciplines while being supported in their personal growth. With a 71% acceptance rate, it welcomes students from different backgrounds, but only 52% graduate within six years. That said, those who do complete their degrees can look forward to median earnings of $55,494 a decade later, which reflects the university's focus on career readiness.

71% accepted 52% graduate $55,494 earnings

Morningside's full profile

#45

Wartburg College

Waverly, IA · 1,452 students · Private nonprofit

Wartburg College in Waverly, Iowa, is home to a tight-knit community of approximately 1,452 students. With a graduation rate of 66%, it emphasizes personal growth and engagement, making it a great choice for students seeking a supportive environment that encourages academic success and a connection to their peers.

76% accepted 66% graduate $56,201 earnings

Wartburg's full profile

When we compare Marshalltown Community College with Western Iowa Tech Community College, we see a clear distinction in their graduation rates and earnings potential. Marshalltown has a graduation rate of 40% and average earnings of $41,010, while Western Iowa Tech boasts a slightly higher graduation rate of 44% but lower average earnings of $40,473. This difference can influence a student's decision based on their personal priorities and financial situations.

As you explore these options, consider what matters most to you or your family. Look at the specific programs offered, the campus environment, and how far each school is from home. Financial aid and scholarship opportunities can also play a significant role in making a decision. Weigh these factors alongside the data to find the best fit.

Ultimately, this data underscores the importance of choosing a college that not only fits your financial situation but also sets you up for future success. With average earnings of nearly $50,000, graduates from these institutions have a promising path ahead, making informed choices now can lead to greater stability later on.

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Social Capital Atlas

Times Higher Education World Rankings

NCES IPEDS

Sources & Citations

[1]

U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics. →

[2]

National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS). →

David Krug

Co-Founder, CollegeRanker

David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.

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