Tallgrass Village Apartments & Townhomes
4150 Sunner Ave,
Spirit Lake, IA 51360
1-3 Beds | $1,095 - $1,775
Rental Market Trends in Spirit Lake, IA
What is the average rent in Spirit Lake, IA?
$971/month
Average Rent
643 Sq Ft
Average Apartment Size
+5.7%
Increase in the Last Year
As of July 2025, the average rent in Spirit Lake, IA is $971 per month. This is 41% lower than the national average rent of $1,637/month, making renting in Spirit Lake more affordable than most cities in the US. When you rent an apartment in Spirit Lake, you can expect to pay about $840 per month for a studio, $971 for a one-bedroom apartment, and around $1,070 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,408 or more.
Floor Plan Type
Average Rent
Average 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 Spirit Lake, IA?
In the past year, rent has increased by 5.7%, which averages out to $56 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 July 2025
Legend
2024
2025
Rent Ranges in Spirit Lake, IA
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
33%
Below $700/month
0%
$700 - $1,000/month
67%
$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 Spirit Lake, IA?
Because the average rent in Spirit Lake is $971, you’ll want to make about $3,236 per month or $38,832 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.
Cost of Living
The cost of living in Spirit Lake, IA is 8.8% higher than the national average. Generally, housing in Spirit Lake is 17.9% more expensive than the national average, with rent falling between $840 - $1,408. You can expect to pay 2.4% less for groceries, 10.3% more for utilities, and 20.9% more for transportation.
How does Spirit Lake, IA compare to other nearby cities and neighborhoods?
Use the tool below to compare Spirit Lake, 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.
Nearby City Rent Trends
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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.