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Rental Market Trends in Carroll, IA

What is the average rent in Carroll, IA?

$551/month

Average Rent

678 Sq Ft

Average Apartment Size

+0.9%

Increase in the Last Year

As of January 2026, the average rent in Carroll, IA is $551 per month. This is 66% lower than the national average rent of $1,625/month, making renting in Carroll more affordable than most cities in the US. When you rent an apartment in Carroll, you can expect to pay about $442 per month for a studio, $551 for a one-bedroom apartment, and around $655 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $757 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$442/month
475 Sq Ft
One Bedroom
$551/month
678 Sq Ft
Two Bedroom
$655/month
814 Sq Ft
Three Bedroom
$757/month
1,100 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Carroll, IA?

In the past year, rent has increased by 0.9%, which averages out to $5 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Carroll, IA
Last Updated January 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Carroll, IA
Percentage*
Rent Range
67% Below $700/month
33% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Carroll, IA?

Because the average rent in Carroll is $551, you’ll want to make about $1,836 per month or $22,032 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Carroll, IA is 7.3% lower than the national average. Generally, housing in Carroll is 26.4% less expensive than the national average, with rent falling between $442 - $757. You can expect to pay 3.2% more for groceries, 4.8% less for utilities, and 7.4% more for transportation.

City

Carroll, IA

5 Available Apartments for Rent

Search for Nearby Apartments

How does Carroll, IA compare to other nearby cities and neighborhoods?

Use the tool below to compare Carroll, IA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Carroll, IA

Apartment Averages

Apartment communities in Carroll we think you'll love

506 E 18th St

506 E 18th St

506 E 18th St,
Carroll, IA 51401

$875

2 Beds

604-10 E 18th St

604-10 E 18th St

604-10 E 18th St,
Carroll, IA 51401

$875

2 Beds

610 E 18th St

610 E 18th St

610 E 18th St,
Carroll, IA 51401

$875

2 Beds

610 E 18th St

610 E 18th St

610 E 18th St,
Carroll, IA 51401

$875

2 Beds

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United States Iowa Carroll Rental Trends

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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity