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Rental Market Trends in Clear Lake, IA

What is the average rent in Clear Lake, IA?

$1,215/month

Average Rent

744 Sq Ft

Average Apartment Size

-5.7%

Decrease in the Last Year

As of February 2026, the average rent in Clear Lake, IA is $1,215 per month. This is 25% lower than the national average rent of $1,626/month, making renting in Clear Lake more affordable than most cities in the US. When you rent an apartment in Clear Lake, you can expect to pay about $895 per month for a studio, $1,215 for a one-bedroom apartment, and around $1,245 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$895/month
598 Sq Ft
One Bedroom
$1,215/month
744 Sq Ft
Two Bedroom
$1,245/month
909 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 Clear Lake, IA?

In the past year, rent has decreased by 5.7%, which averages out to $69 less per month.

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

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

Because the average rent in Clear Lake is $1,215, you’ll want to make about $4,050 per month or $48,600 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.

City

Clear Lake, IA

29 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Clear Lake, 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 Clear Lake, IA

Apartment Averages

Apartment communities in Clear Lake we think you'll love

1200 Jade Apartments

1200 Jade Apartments

1200 Jade St,
Clear Lake, IA 50428

$895 - $1,675

Studio - 2 Beds

Clear Lake Twinhomes

Clear Lake Twinhomes

150 S 15th St,
Clear Lake, IA 50428

$2,500

4 Beds

Meadow Lake of Clear Lake Apartments

Meadow Lake of Clear Lake Apartments

1109 Buddy Holly Pl,
Clear Lake, IA 50428

$730 - $1,090

1-3 Beds

140 S 15th St

140 S 15th St

140 S 15th St,
Clear Lake, IA 50428

$2,500

4 Beds

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United States Iowa Clear Lake 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 February 2026.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity