$695
Total Monthly Price
- Studio
- 1 Bath
- 600 Sq Ft
- Condo for Rent
1417 1/2 S 12th St Unit Cottage House, Burlington, IA 52601
THIS PLACE IS SO CUTE!!!! Recently upgraded, including new windows, new heat and ac system, and updated kitchen and bathroom.
Frequently Asked Questions
How much does it cost to rent a condo in Burlington, IA?
The median rent for a condo in Burlington, IA is $950 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Burlington, IA?
To comfortably afford the median rent in Burlington, IA, a household needs to earn roughly $39,000 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 $975 per month in Burlington, IA, renters typically need to show $2,925 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 Burlington, IA?
In Burlington, IA, the price-to-rent ratio is 10.9, 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.
