Cherokee, IA Homes for Rent

/5
Starting at $800 Per Month
- Studio - 1 Bed
231 W Main St, Cherokee, IA 51012

1 BR/1 BA remodeled apartment for rent in the historic Lewis Hotel Apartments. Located in downtown Cherokee! Brand new appliances, kitchen, bath, flooring paint. Utilities included. Laundry and common room on site. Managed by Zoul Properties

Lewis Hotel Apartments

231 W Main St, Cherokee, IA 51012
/35
Starting at $845

Total Monthly Price
- 2 - 3 Beds
900 Rock Island Ave, Cherokee, IA 51012

Kading Properties prides itself on building living communities that bring people home. That means our communities are safe, friendly, well kept, well lit and close to nearby amenities for recreation, shopping and work.So whether you’re looking to upgrade from apartment living, to find a comfortable home for your family, or downsize from a home to less hands-on maintenance, Kading delivers on

Fair View by Kading

900 Rock Island Ave, Cherokee, IA 51012
/8
$600 Per Month
- 1 Bed
- 1 Bath
- Condo for Rent
623 W Main St Unit 4, Cherokee, IA 51012

One bedroom one bathroom upstairs apartment for rent! A must see! Rent: $600/month Deposit: $500Please fill out an application below!

623 W Main St Unit 4, Cherokee, IA 51012

Iowa Cherokee County

Why Live in Cherokee

Surrounded by expansive corn and soybean fields, Cherokee is a small community in northwest Iowa offering a slow pace of life about an hour from Sioux City. “It’s a rural farming community, where most people know one another,” says Karen Peterson, a ...

Learn more about living in Cherokee

Frequently Asked Questions

How much does it cost to rent a home in Cherokee, IA?

The median rent for a home in Cherokee, IA is $750 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 Cherokee, IA?

To comfortably afford the median rent in Cherokee, IA, a household needs to earn roughly $30,000 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 $750 per month in Cherokee, IA, renters typically need to show $2,250 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 Cherokee, IA?

In Cherokee, IA, the price-to-rent ratio is 15.6, 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 Cherokee, IA

There are currently 3 homes available for rent in Cherokee, IA. The median rent is $750 per month, with condos at $750.

Rental Home Trends

Number of Homes for Rent 3	Median Rent $750
Median Condo Rent $750

How to Rent a Home

Rentals in Cherokee

Homes for Rent by Bedrooms in Cherokee

Rentals by Price in Cherokee

More About Living in Cherokee

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