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Rental Market Trends in Independence, IA

What is the average rent in Independence, IA?

-

Average Rent

-

Average Apartment Size

As of May 2025, the average rent in Independence, IA is - per month. When you rent an apartment in Independence, you can expect to pay about per month for a studio, for a one-bedroom apartment, and around $1,255 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
Two Bedroom
$1,255/month
0 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 Independence, IA?

-

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 Independence, IA
Last Updated May 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Independence, IA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $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 Independence, IA?

Because the average rent in Independence is -, you’ll want to make about per month or 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

Independence, IA

10 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Independence, 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 Independence we think you'll love

Rush Mills

Rush Mills

501-507 Enterprise Dr,
Independence, IA 50644

2 Beds | $1,250 - $1,350

129 2nd Ave NE

129 2nd Ave NE

129 2nd Ave NE,
Independence, IA 50644

1 Bed | $750

107 8th Ave NE

107 8th Ave NE

107 8th Ave NE,
Independence, IA 50644

2 Beds | $850

Prairie Village of LaPorte City

Prairie Village of LaPorte City

220 Valley Dr,
La Porte City, IA 50651

1-2 Beds | $643 - $765

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United States Iowa Independence 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