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Newest Homes for Rent in Decorah, IA

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  • /25

    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

    (563) 202-2106

    2336-2342 Sweet Parkway Rd, Decorah, IA 52101
  • /12

    $1,600 Per Month

    • 3 Beds
    • 2 Baths
    • 1,293 Sq Ft
    • House for Rent

    1110 S Mill St, Decorah, IA 52101

    Property Id: 2570349Welcome home to this inviting 3-bedroom, 2-bathroom rental located at 1110 S. Mill Street in beautiful Decorah. Situated on a quiet dead-end street in a desirable neighborhood, this well-maintained home offers the perfect blend of comfort, convenience, and outdoor space.Inside, you'll find a bright and functional layout with comfortable living areas and plenty

    1110 S Mill St, Decorah, IA 52101
  • /17

    $1,800 Per Month

    • 4 Beds
    • 1.5 Baths
    • 1,279 Sq Ft
    • House for Rent

    405 Washington St, Decorah, IA 52101

    Property Id: 2575677Charming 4-Bedroom Home in the Heart of DecorahWelcome to 405 Washington Street, a spacious and inviting 4-bedroom, 1.5-bath home conveniently located near downtown Decorah. This home offers plenty of living space, a large yard, and a detached two-stall garage, making it ideal for families, professionals, or anyone looking to enjoy all that Decorah has to

    (563) 748-6311

    405 Washington St, Decorah, IA 52101
  • /9

    $995 Per Month

    • 1 Bed
    • 1 Bath
    • House for Rent

    305 W Water St, Decorah, IA 52101

    Property Id: 2512267This apartment is located on Water Street near many restaurants and grocery stores. No need to drive! Step into this bright and roomy apartment featuring a large open living area with beautiful wood-look flooring throughout the main spaces. The living room offers Plenty of room for furniture and entertaining, centered around a stone gas fireplace that adds warmth

    (909) 361-3728

    305 W Water St, Decorah, IA 52101
  • /7

    $825

    Total Monthly Price

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

    1302 Laurel Dr Unit 3, Decorah, IA 52101

    1302 Laurel Dr Unit 3, 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 $1,297 per month, though prices vary by neighborhood, size, and property type. As of June 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 $51,880 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 $1,297 per month in Decorah, IA, renters typically need to show $3,891 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 19.3, 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 Decorah, IA

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,297
Median Single Family Home Rent
$1,700
Median Condo Rent
$825
How to Rent a Home