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Newest Homes for Rent in Decorah, IA

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  • /23

    Starting at $1,015 Per Month

    • Studio - 2 Beds

    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
  • /10

    $985 Per Month

    • 4 Beds
    • 1 Bath
    • 1,236 Sq Ft
    • House for Rent

    315 Day St, Decorah, IA 52101

    Property Id: 781457 Four bedroom home located at 315 Day St. Stove, fridge, washer, & dryer included. This house is only blocks away from the local down town area, schools, and trails. Kitchen, living room, dining room, bedroom and laundry on main level. 3 bedroom upstairs. All hardwood floors, off street parking. Pet friendly with references. Landlord takes care of lawn mowing, tenant

    315 Day St, Decorah, IA 52101
  • /8

    $1,000 Per Month

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

    125 Pleasant Hill Dr, Decorah, IA 52101

    Property Id: 1568996 Furnished Room for Rent - Ideal for Traveling Nurses, Physicians, and Healthcare Professionals Beautiful mid-century modern ranch-style home with stunning views in a quiet setting. Rent a private furnished bedroom and enjoy access to the home’s many amenities; •3-bedroom, 2-bath home •Shared kitchen and living areas •Lower-level family room with pool

    125 Pleasant Hill Dr, 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 $992 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos 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 $39,680 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 $992 per month in Decorah, IA, renters typically need to show $2,976 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 24.8, 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
3
Median Rent
$992
Median Single Family Home Rent
$993
Median Condo Rent
$1,280
How to Rent a Home