$695 Per Month
- Studio
- 1 Bath
- Condo for Rent
903 Main St Unit 4 - bottom back apt, Adel, IA 50003
Studio apartment on the brick streets of Downtown Adel, IA Private entrance.
Frequently Asked Questions
How much does it cost to rent a home in Adel, IA?
The median rent for a home in Adel, IA is $735 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Adel, IA?
To comfortably afford the median rent in Adel, IA, a household needs to earn roughly $29,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $735 per month in Adel, IA, renters typically need to show $2,205 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Adel, IA?
In Adel, IA, the price-to-rent ratio is 39.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
