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Rental Market Trends in Ottumwa, IA

What is the average rent in Ottumwa, IA?

$590/month

Average Rent

750 Sq Ft

Average Apartment Size

+0.7%

Increase in the Last Year

As of December 2025, the average rent in Ottumwa, IA is $590 per month. This is 64% lower than the national average rent of $1,631/month, making renting in Ottumwa more affordable than most cities in the US. When you rent an apartment in Ottumwa, you can expect to pay about $524 per month for a studio, $590 for a one-bedroom apartment, and around $802 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $811 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$524/month
600 Sq Ft
One Bedroom
$590/month
750 Sq Ft
Two Bedroom
$802/month
908 Sq Ft
Three Bedroom
$811/month
1,200 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 Ottumwa, IA?

In the past year, rent has increased by 0.7%, which averages out to $5 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Ottumwa, IA
Last Updated December 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Ottumwa, IA
Percentage*
Rent Range
50% Below $700/month
50% $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 Ottumwa, IA?

Because the average rent in Ottumwa is $590, you’ll want to make about $1,966 per month or $23,592 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

Ottumwa, IA

32 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Ottumwa, 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 Ottumwa, IA

Apartment Averages

Apartment communities in Ottumwa we think you'll love

Asbury Heights

Asbury Heights

1321 Asbury Ave,
Ottumwa, IA 52501

$609 - $1,238

2-4 Beds

Orchard Meadows

Orchard Meadows

117 W Rochester Rd,
Ottumwa, IA 52501

$795 - $925

2 Beds

Washington Apartments

Washington Apartments

539 W 4th St,
Ottumwa, IA 52501

$418 - $1,278

1-3 Beds

Ottumwa Heights Apartments

Ottumwa Heights Apartments

530 Frank St,
Ottumwa, IA 52501

Call for Rent

Studio - 3 Beds

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United States Iowa Ottumwa 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity