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Chariton, IA Home for Rent

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    $775

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    303 Ilion Ave Unit 6, Chariton, IA 50049

    Quiet 2 bedroom in an 8 unit building. Fully remodeled unit. Laundry in building. Contact us for showing and application.

    303 Ilion Ave Unit 6, Chariton, IA 50049

Why Live in Chariton

Chariton is a small city and the seat of Lucas County, surrounded by open plains and farmland. “It’s a very peaceful lifestyle without the hustle and bustle of a metropolitan area,” says Betty Hansen, a broker with Chariton Iowa Realty who has sold ...

Frequently Asked Questions

How much does it cost to rent a home in Chariton, IA?
The median rent for a home in Chariton, IA is $775 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Chariton, IA?
To comfortably afford the median rent in Chariton, IA, a household needs to earn roughly $31,000 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 $775 per month in Chariton, IA, renters typically need to show $2,325 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 Chariton, IA?
In Chariton, IA, the price-to-rent ratio is 16.6, 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 Trends in Chariton, IA

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$775
Median Condo Rent
$775
How to Rent a Home