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Rental Market Trends in Decorah, IA

What is the average rent in Decorah, IA?

$912/month

Average Rent

657 Sq Ft

Average Apartment Size

-0.8%

Decrease in the Last Year

As of May 2025, the average rent in Decorah, IA is $912 per month. This is 44% lower than the national average rent of $1,625/month, making renting in Decorah more affordable than most cities in the US. When you rent an apartment in Decorah, you can expect to pay about $1,171 per month for a studio, $912 for a one-bedroom apartment, and around $842 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
$1,171/month
532 Sq Ft
One Bedroom
$912/month
657 Sq Ft
Two Bedroom
$842/month
815 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 Decorah, IA?

In the past year, rent has decreased by 0.8%, which averages out to $6 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Decorah, IA
Last Updated May 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Decorah, IA
Percentage*
Rent Range
67% Below $700/month
0% $700 - $1,000/month
33% $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 Decorah, IA?

Because the average rent in Decorah is $912, you’ll want to make about $3,040 per month or $36,480 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

Decorah, IA

7 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Decorah, 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.

Apartment Averages

Apartment communities in Decorah we think you'll love

Briar Grove Apartments (Building D)

Briar Grove Apartments (Building D)

2336-2342 Sweet Parkway Rd,
Decorah, IA 52101

Studio - 1 Bed | $975 - $1,300

1771 Old Stage Rd

1771 Old Stage Rd

1771 Old Stage Rd,
Decorah, IA 52101

3 Beds | $1,500

1771 Old Stage Rd

1771 Old Stage Rd

1771 Old Stage Rd,
Decorah, IA 52101

2 Beds | $1,545

719 Washington St

719 Washington St

719 Washington St,
Decorah, IA 52101

3 Beds | $2,000

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United States Iowa Decorah 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity