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Arnolds Park, IA Home for Rent

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    $1,550 Per Month

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • House for Rent

    88 Gingles Dr, Arnolds Park, IA 51331

    Property Id: 2807499 Furnished 3-bedroom, 2-bath home available December 19, 2026 through April/May 2027 in Orleans, Iowa. Looking for a comfortable furnished home in the Iowa Great Lakes area this winter? This updated home offers plenty of space, a convenient location, and everything you need for an extended stay. Located near East Lake Okoboji and just minutes from Spirit Lake

    88 Gingles Dr, Arnolds Park, IA 51331

Why Live in Arnolds Park

Arnolds Park, IA, known as the City of Five Lakes, is a prominent vacation destination in Iowa's Great Lakes region. The city thrives on seasonal tourism, with its economy bolstered by visitors flocking to its beaches, resorts, and lakes. The five major lakes—West Okoboji, East Okoboji, Upper Gar, Minnewashta, and Lower Gar—offer diverse recreational opportunities. West and East Okoboji Lakes feature public beaches, resort areas, and an entertainment district with attractions like Preservation Plaza, Arnolds Park Amusement Park, and the Iowa Great Lakes Maritime Museum. The Iowa Rock ‘n’ Roll Music Association Hall and Bridges Bay Resort's water park are also notable points of interest. The city’s commercial and dining options, primarily along Highway 71, include The Ritz, The Lake View Deck, and The Koffee Kup, with seasonal spots like The Frozen Parrot adding to the variety. Residential areas around the lakes showcase bungalows, ranch-style houses, American Foursquares, and custom homes, with private docks and mid-size yards being common features. Events organized by the Iowa Great Lakes Chamber of Commerce, such as the Independence Day fireworks, the Great Okoboji Lakes Finale Golf Tournament, and Oktoberfest, draw crowds throughout the year. Students attend the highly rated Okoboji Elementary School and Okoboji Middle School in nearby Milford. With no public transportation, residents rely on Highway 71 for quick access to attractions and neighboring cities. The closest commercial airport, Sioux Falls Regional Airport, is 104 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Arnolds Park, IA?
The median rent for a home in Arnolds Park, IA is $1,550 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Arnolds Park, IA?
To comfortably afford the median rent in Arnolds Park, IA, a household needs to earn roughly $62,000 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 $1,550 per month in Arnolds Park, IA, renters typically need to show $4,650 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 Arnolds Park, IA?
In Arnolds Park, IA, the price-to-rent ratio is 27.7, 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.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,550
Median Single Family Home Rent
$1,550
How to Rent a Home