Tallgrass Village
4150 Sunner Ave,
Spirit Lake, IA 51360
Studio - 3 Beds | $750 - $1,665
Rental Market Trends in Spirit Lake, IA
Updated July 2026
The average rent in Spirit Lake, IA is $946/month.
Rent in Spirit Lake is 43% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$946/month
Average Rent
635 Sq Ft
Average Size
-1.2%
Change / Year
53
Available Apartments
Spirit Lake rent varies by unit size and layout:
- Studio apartments in Spirit Lake average $829 per month.
- One-bedroom apartments in Spirit Lake average $946 per month.
- Two-bedroom apartments in Spirit Lake average $1,059 per month.
- Three-bedroom apartments in Spirit Lake average $1,491 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Spirit Lake, IA?
In the past year, rent has decreased by 1.2%, which averages out to $11 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Spirit Lake, IA
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
29%
Below $700/month
14%
$700 - $1,000/month
57%
$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 $946, you’ll want to make about $3,153 per month or $37,836 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 10.8% higher than the national average. Generally, housing in Spirit Lake is 23.9% more expensive than the national average, with rent falling between $829 - $1,491. You can expect to pay 2.2% less for groceries, 11.7% 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.
Apartment Communities in Spirit Lake We Think You'll Love
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Frequently Asked Questions
What is the average rent in Spirit Lake?
The average rent in Spirit Lake is $946 per month, which is 43.1% lower than the national average of $1,663.
Are rents going up or down in Spirit Lake?
Rents in Spirit Lake, IA are decreasing, with prices down 1.2% year-over-year and $11 less per month.
What rent range is most common in Spirit Lake?
In Spirit Lake, IA, 57% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.