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Newest Homes for Rent in Decorah, IA

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  • /14

    $1,575 Per Month

    • 2 Beds
    • 2 Baths
    • 1,060 Sq Ft
    • Townhouse for Rent

    1771 Old Stage Rd, Decorah, IA 52101

    Property Id: 2210041 This new two bedroom two bathroom townhouse was completed in 2024. It features a kitchen island, quartz countertops, stainless steel appliances, attached heated garage, a deck and two large walk-in closets. The livingroom has large windows with a great view. The apartment includes a dishwasher and washer and dryer in the unit. You will also enjoy the convenience of

    1771 Old Stage Rd, Decorah, IA 52101
  • /20

    Starting at $1,330 Per Month

    • 1 Bed

    2336-2342 Sweet Parkway Rd, Decorah, IA 52101

    Briar Grove is our brand new 3-story apartment complex privately located on the Southeast side of Decorah and next to Toppling Goliath Brewery! Briar Grove offers luxurious studio, 1 bedroom, and 2 bedroom apartments with open kitchen, large living room, and beautiful finishes.

    Briar Grove Apartments (Building D)

    2336-2342 Sweet Parkway Rd, Decorah, IA 52101
  • /3

    $1,300 Per Month

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

    1771 Old Stage Rd Unit 2, Decorah, IA 52101

    Property Id: 2420224 This apartment building was completed in 2024 and features a kitchen island, quartz countertops, stainless steel appliances and a patio. There are no stairs in this main floor unit! Apartment includes a dishwasher and washer and dryer in the the unit. Water, trash, lawn care, and snow removal services are included in your rent! The apartment is conveniently

    1771 Old Stage Rd Unit 2, Decorah, IA 52101
  • /7

    $1,300 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    301 Leif Erikson Dr Unit 301A, Decorah, IA 52101

    Property Id: 2163369 Utilities included: electric, heat, water, trash, lawncare. Snow removal is shared. Lower unit duplex in home on a quiet one-way street walking distance to Luther College, Dixie's Biergarten, Pulpit Rock Brewing Company, The Landing Market, Trout Run Trail, the Decorah Swimming Pool and many other local jewels. Includes two bedrooms, one bathroom with shower, new

    301 Leif Erikson Dr Unit 301A, Decorah, IA 52101
  • /5

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • 1,600 Sq Ft
    • Condo for Rent

    305 W Water St Unit 3, Decorah, IA 52101

    Property Id: 924128 Clean two bedroom on Water street downtown Decorah. Air conditioning, heat, laundry. Non-smoking, bedrooms carpeted with great closet space. Laminate floors in Kitchen and tile floors in bathroom. Parking available for extra fee. Pets allowed for extra fee. Tenant responsible for heat and electric.

    305 W Water St Unit 3, Decorah, IA 52101
  • /8

    $2,500 Per Month

    • 4 Beds
    • 2 Baths
    • 2,838 Sq Ft
    • House for Rent

    125 Pleasant Hill Dr, Decorah, IA 52101

    Property Id: 1568996 Beautiful mid-century modern ranch-style home with stunning views in a quiet setting. Rent a furnished house •3-bedroom, 2-bath home •kitchen and living areas •Lower-level family room with pool table •Large deck with beautiful views •3-season porch •Laundry •Attached 2-car garage (parking available) All applicants must complete a

    125 Pleasant Hill Dr, Decorah, IA 52101
  • /2

    Starting at $1,800 Per Month

    • 2 - 3 Beds

    2330 Sweet Parkway Rd, Decorah, IA 52101

    Villas at Briar Grove

    2330 Sweet Parkway Rd, Decorah, IA 52101
  • /14

    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 1,022 Sq Ft
    • House for Rent

    609 E Main St, Decorah, IA 52101

    Charming 2-bedroom rental in Decorah offering convenient main-floor living just moments from downtown. This well-kept home features an in-unit washer and dryer, an efficient layout with comfortable living and dining space, and easy access to local shops, dining, and the Trout Run Trail. Ideal for anyone seeking low-maintenance living in a prime location. No smoking and no pets allowed. Rent is

    Dacia Monson AJ Realty, Inc

    609 E Main St, Decorah, IA 52101

Frequently Asked Questions

How much does it cost to rent a home in Decorah, IA?
The median rent for a home in Decorah, IA is $1,300 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Decorah, IA?
To comfortably afford the median rent in Decorah, IA, a household needs to earn roughly $52,000 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 $1,300 per month in Decorah, IA, renters typically need to show $3,900 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 Decorah, IA?
In Decorah, IA, the price-to-rent ratio is 19.2, 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
8
Median Rent
$1,300
Median Single Family Home Rent
$1,850
Median Condo Rent
$1,300
How to Rent a Home