• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Grimes, IA

What is the average rent in Grimes, IA?

$1,106/month

Average Rent

764 Sq Ft

Average Apartment Size

+2.9%

Increase in the Last Year

As of April 2026, the average rent in Grimes, IA is $1,106 per month. This is 33% lower than the national average rent of $1,641/month, making renting in Grimes more affordable than most cities in the US. When you rent an apartment in Grimes, you can expect to pay about $687 per month for a studio, $1,106 for a one-bedroom apartment, and around $1,333 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,639 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$687/month
144 Sq Ft
One Bedroom
$1,106/month
764 Sq Ft
Two Bedroom
$1,333/month
1,038 Sq Ft
Three Bedroom
$1,639/month
1,331 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,172/month
1,499 Sq Ft
Four Bedroom
$2,878/month
2,083 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,596/month
1,194 Sq Ft
Three Bedroom
$2,008/month
1,571 Sq Ft

How much has average rent changed in Grimes, IA?

In the past year, rent has increased by 2.9%, which averages out to $32 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Grimes, IA
Last Updated April 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
15% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Grimes?

Based on current rent prices, Meadowlark South and Meadowlark Pointe" are the most affordable neighborhoods in Grimes.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Meadowlark South
$1,008/month
705 Sq Ft
Meadowlark Pointe
$1,008/month
705 Sq Ft

What are the most expensive neighborhoods in Grimes?

Based on current rent prices, Meadowlark South and Meadowlark Pointe" are the most expensive neighborhoods in Grimes.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Meadowlark South
$1,008/month
705 Sq Ft
Meadowlark Pointe
$1,008/month
705 Sq Ft

Which Grimes neighborhoods have the most rentals available?

The neighborhoods in Grimes with the most apartments available are Meadowlark South and Meadowlark Pointe" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Meadowlark South
$1,008/month
705 Sq Ft
Meadowlark Pointe
$1,008/month
705 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Grimes is $1,106, you’ll want to make about $3,686 per month or $44,232 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

504 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.

Explore the Area Guide for Grimes, IA

Apartment Averages

Meadowlark South

Grimes, IA

Meadowlark South

Grimes, IA

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Urbandale Average Rent
  • Clive Average Rent
  • Johnston Average Rent
  • West Des Moines Average Rent

Apartment communities in Grimes we think you'll love

Destination 141

Destination 141

1360 Mocking Bird Ln,
Grimes, IA 50111

$895 - $2,376

Studio - 3 Beds

Element Urbandale

Element Urbandale

3650 Patricia Dr,
Urbandale, IA 50322

$985 - $1,150

1-2 Beds

Alice Patricia

Alice Patricia

714 NE Alices Rd,
Waukee, IA 50263

$1,050 - $1,475

1-3 Beds

Sterling Pointe

Sterling Pointe

10509 Dorset Dr,
Johnston, IA 50131

$1,175 - $1,545

2-3 Beds

Learn More with Helpful Articles

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

5 Tips For Moving into Your First Apartment

Move in stress-free - the first time's a charm!

The Benefits of Renters Insurance

Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
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 February 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.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Newest Listings
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity