Indianola

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Indianola, IA Area Guide

Avg Rent

$756

Population

17,173

Renter Mix

31% Rent

Des Moines suburb brimming with hot air balloons

Suburban Affordable Family-Friendly Welcoming Vibrant

Located about 17 miles south of Des Moines, Indianola is a charming suburb with a small-town atmosphere in Warren County. Indianola is best known for hosting the annual National Balloon Classic, a nine-day summer event filled with an array of vibrant hot air balloons. The city also hosts the popular Warren County Fair every year.

In addition to its many exciting events, Indianola offers a broad range of apartments and townhomes available for rent in a laidback locale. Indianola provides plenty to do outside the home as well, from outdoor recreation at Lake Ahquabi to cultural amenities like the National Balloon Museum and Hall of Fame and the Des Moines Metro Opera.

Simpson College also provides the Indianola community with access to the Buxton Park Arboretum and a variety of educational opportunities. Getting around from Indianola is easy with convenience to U.S. 65.

Demographics

Median Household Income

$70,788

Average: $87,139

Education

4,544

Residents Have a Degree

Job Market

8,677

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

37 Years

Largest Age Group

15-24 Years

Approximately 15% of Residents

Under 20

27%

Over 65

19%

Housing Distribution

Indianola has more homeowners than renters.

Renters
31%
Non-Renters
69%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
22%
Other Education
78%

Rent Trends

As of April 2026, the average apartment rent in Indianola, IA is $767 for a studio, $755 for one bedroom, $983 for two bedrooms, and $1,038 for three bedrooms. Apartment rent in Indianola has increased by 5.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$755/month
639 Sq Ft
See Rental Market Trends in Indianola, IA

Getting Around

Fairly Walkable

Walkability

40 / 100

Moderately Drivable

Drivability

70 / 100

Moderately Bikeable

Bikeability

60 / 100

Schools

Irving Elementary School

Public

Grades K-5

402 Students

Whittier Elementary School

Public

Grades PK-5

417 Students

Emerson Elementary School

Public

Grades K-5

435 Students

Wilder Elementary School

Public

Grades K-5

442 Students

Indianola Middle School

Public

Grades 6-8

849 Students

Indianola High School

Public

Grades 9-12

1,120 Students

Points of Interest

Parks and Recreation

  • Buxton Park and Arboretum
  • Pickard Park
  • Annett Nature Center
  • Lake Ahquabi State Park
  • Banner Lakes at Summerset

Commuter Rail

Military Bases

Airports

  • Des Moines International

Top Apartments in Indianola

Houses for Rent in Indianola

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.