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Rental Market Trends in Grimes, IA

Updated July 2026

The average rent in Grimes, IA is $1,111/month.

Rent in Grimes is 33% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,111/month

Average Rent

762 Sq Ft

Average Size

+2.5%

Change / Year

476

Available Apartments

Grimes rent varies by unit size and layout:

  • Studio apartments in Grimes average $680 per month.
  • One-bedroom apartments in Grimes average $1,111 per month.
  • Two-bedroom apartments in Grimes average $1,381 per month.
  • Three-bedroom apartments in Grimes average $1,667 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$680/month
144 Sq Ft
One Bedroom
$1,111/month
762 Sq Ft
Two Bedroom
$1,381/month
1,037 Sq Ft
Three Bedroom
$1,667/month
1,329 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,113/month
1,408 Sq Ft
Four Bedroom
$2,882/month
2,218 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,549/month
1,194 Sq Ft
Three Bedroom
$1,871/month
1,530 Sq Ft
View Grimes Apartments

How much has average rent changed in Grimes, IA?

In the past year, rent has increased by 2.5%, which averages out to $28 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Grimes, IA

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Grimes, IA
Percentage*
Rent Range
0% Below $700/month
40% $700 - $1,000/month
45% $1,001 - $1,500/month
10% $1,501 - $2,000/month
5% Above $2,000/month

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

Because the average rent in Grimes is $1,111, you’ll want to make about $3,703 per month or $44,436 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

Grimes, IA

476 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Grimes, 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 Grimes Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Urbandale

    Urbandale

  • Clive

    Clive

  • Johnston

    Johnston

  • West Des Moines

    West Des Moines

Apartment Communities in Grimes We Think You'll Love

Sterling Pointe

Sterling Pointe

10509 Dorset Dr,
Johnston, IA 50131

2-3 Beds | $1,241 - $1,475

Alice Patricia

Alice Patricia

714 NE Alices Rd,
Waukee, IA 50263

1-3 Beds | $1,199 - $1,512

Redwood Grimes

Redwood Grimes

820 SW Prescott Ln,
Grimes, IA 50111

2 Beds | $1,768 - $2,304

The McCoy at 8035 Apartments - Clive

The McCoy at 8035 Apartments - Clive

11040 Hickman Rd,
Clive, IA 50325

Studio - 2 Beds | $705 - $1,225

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Frequently Asked Questions

What is the average rent in Grimes?

The average rent in Grimes is $1,111 per month, which is 33.2% lower than the national average of $1,662.

What is the average rent for a house in Grimes?

The average rent for a house in Grimes, IA is $2,113 per month.

What is the average rent for a townhome in Grimes?

The average rent for a townhome in Grimes, IA is $1,549 per month.

Are rents going up or down in Grimes?

Rents in Grimes, IA are increasing, with prices up 2.5% year-over-year and $28 more per month.

What rent range is most common in Grimes?

In Grimes, IA, 45% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Iowa Grimes 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