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Rental Market Trends in Indianola, IA

Updated August 2026

The average rent in Indianola, IA is $746/month.

Rent in Indianola is 55% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$746/month

Average Rent

639 Sq Ft

Average Size

+2.4%

Change / Year

67

Available Apartments

Indianola rent varies by unit size and layout:

  • Studio apartments in Indianola average $759 per month.
  • One-bedroom apartments in Indianola average $746 per month.
  • Two-bedroom apartments in Indianola average $976 per month.
  • Three-bedroom apartments in Indianola average $1,117 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$759/month
525 Sq Ft
One Bedroom
$746/month
639 Sq Ft
Two Bedroom
$976/month
808 Sq Ft
Three Bedroom
$1,117/month
1,017 Sq Ft
View Indianola Apartments

How much has average rent changed in Indianola, IA?

In the past year, rent has increased by 2.4%, which averages out to $19 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Indianola, IA

August 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Indianola, IA
Percentage*
Rent Range
7% Below $700/month
57% $700 - $1,000/month
36% $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 $746, you’ll want to make about $2,486 per month or $29,832 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

67 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.

View the Indianola Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Carlisle

    Carlisle

    Avg Rent: $702/month

  • Norwalk

    Norwalk

    Avg Rent: $1,076/month

  • Cumming

    Cumming

    Avg Rent: $1,298/month

  • Des Moines

    Des Moines

    Avg Rent: $1,024/month

  • Pleasant Hill

    Pleasant Hill

    Avg Rent: $779/month

  • West Des Moines

    West Des Moines

    Avg Rent: $1,134/month

  • Windsor Heights

    Windsor Heights

    Avg Rent: $1,256/month

Apartment Communities in Indianola We Think You'll Love

Emerald Reserve Indianola

Emerald Reserve Indianola

610 E Scenic Valley Ave,
Indianola, IA 50125

1-2 Beds | $1,190 - $1,965

Lincoln Ridge by Kading

Lincoln Ridge by Kading

1500 N 9th St,
Indianola, IA 50125

3 Beds | $1,210

Linden East Apartments

Linden East Apartments

1203 E 1st Ave,
Indianola, IA 50125

2 Beds | $900 - $975

Linden West

Linden West

1203 W 2nd Ave,
Indianola, IA 50125

2 Beds | $1,250 - $1,400

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Frequently Asked Questions

What is the average rent in Indianola?

The average rent in Indianola is $746 per month, which is 55.1% lower than the national average of $1,663.

Are rents going up or down in Indianola?

Rents in Indianola, IA are increasing, with prices up 2.4% year-over-year and $19 more per month.

What rent range is most common in Indianola?

In Indianola, IA, 57% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity