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Rental Market Trends in Indianola, IA

What is the average rent in Indianola, IA?

$724/month

Average Rent

600 Sq Ft

Average Apartment Size

-5.1%

Decrease in the Last Year

As of July 2025, the average rent in Indianola, IA is $724 per month. This is 56% lower than the national average rent of $1,637/month, making renting in Indianola more affordable than most cities in the US. When you rent an apartment in Indianola, you can expect to pay about $716 per month for a studio, $724 for a one-bedroom apartment, and around $927 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,038 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$716/month
525 Sq Ft
One Bedroom
$724/month
600 Sq Ft
Two Bedroom
$927/month
788 Sq Ft
Three Bedroom
$1,038/month
1,017 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 Indianola, IA?

In the past year, rent has decreased by 5.1%, which averages out to $37 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Indianola, IA
Last Updated July 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Indianola, IA
Percentage*
Rent Range
14% Below $700/month
57% $700 - $1,000/month
29% $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 Indianola, IA?

Because the average rent in Indianola is $724, you’ll want to make about $2,413 per month or $28,956 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

Indianola, IA

70 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Indianola, 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 Indianola, IA

Apartment Averages

Nearby City Rent Trends

  • Des Moines Average Rent
  • West Des Moines Average Rent

Apartment communities in Indianola we think you'll love

Connect55+ Indianola Senior Community 55+

Connect55+ Indianola Senior Community 55+

610 E Scenic Valley Ave,
Indianola, IA 50125

1-2 Beds | $1,265 - $1,780

Linden West

Linden West

1203 W 2nd Ave,
Indianola, IA 50125

2 Beds | $1,100 - $1,300

Lincoln Ridge by Kading

Lincoln Ridge by Kading

1500 N 9th St,
Indianola, IA 50125

3 Beds | $1,150

Linden East Apartments

Linden East Apartments

1203 E 1st Ave,
Indianola, IA 50125

2 Beds | $900 - $975

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United States Iowa Indianola 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity