An iron powder for dust cores has an apparent density is 3.8 g/cm3 or more, a mean particle size (D50) is 80 μm or more, 60% or more of powder with a powder particle size of 100 μm or more has a mean grain size of 80 μm or more inside the powder particle, an area ratio of inclusions to a matrix phase of the powder is 0.4% or less, and a micro Vickers hardness (testing force: 0.245 N) of a powder cross-section is 90 Hv or less. It is thus possible to obtain iron powder for dust cores in order to manufacture a dust core that has low hysteresis loss even after the iron powder is formed and subjected to strain relief annealing.