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Rental Market Trends in Clear Lake, IA

Updated August 2026

The average rent in Clear Lake, IA is $1,215/month.

Rent in Clear Lake is 27% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,215/month

Average Rent

744 Sq Ft

Average Size

+0.4%

Change / Year

14

Available Apartments

Clear Lake rent varies by unit size and layout:

  • Studio apartments in Clear Lake average $895 per month.
  • One-bedroom apartments in Clear Lake average $1,215 per month.
  • Two-bedroom apartments in Clear Lake average $1,258 per month.
  • Three-bedroom apartments in Clear Lake average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$895/month
598 Sq Ft
One Bedroom
$1,215/month
744 Sq Ft
Two Bedroom
$1,258/month
909 Sq Ft
View Clear Lake Apartments

How much has average rent changed in Clear Lake, IA?

In the past year, rent has increased by 0.4%, which averages out to $6 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Clear Lake, IA

August 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

14 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.

View the Clear Lake Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Mason City

    Mason City

    Avg Rent: $716/month

  • Forest City

    Forest City

    Avg Rent: $990/month

Apartment Communities in Clear Lake We Think You'll Love

1200 Jade Apartments

1200 Jade Apartments

1200 Jade St,
Clear Lake, IA 50428

Studio - 2 Beds | $895 - $1,675

Clear Lake Twinhomes

Clear Lake Twinhomes

150 S 15th St,
Clear Lake, IA 50428

4 Beds | $2,500

Meadow Lake of Clear Lake Apartments

Meadow Lake of Clear Lake Apartments

1109 Buddy Holly Pl,
Clear Lake, IA 50428

1-3 Beds | $730 - $1,090

212 S 14th St

212 S 14th St

212 S 14th St,
Clear Lake, IA 50428

2 Beds | $1,300

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Frequently Asked Questions

What is the average rent in Clear Lake?

The average rent in Clear Lake is $1,215 per month, which is 26.9% lower than the national average of $1,663.

Are rents going up or down in Clear Lake?

Rents in Clear Lake, IA are increasing, with prices up 0.4% year-over-year and $6 more per month.

What rent range is most common in Clear Lake?

In Clear Lake, IA, 33% of apartments fall below $700/month, though prices may vary depending on location and other factors.

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 June 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity