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Fort Madison, IA Homes for Rent

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    Starting at $950 Per Month

    • Studio - 3 Beds

    1812 Avenue F, Fort Madison, IA 52627

    Welcome to School House Apartments, your luxurious and eco-friendly home located at 1812 Ave F in Fort Madison, Iowa! Our 37 solar-powered apartments are housed in the beautifully renovated Fort Madison Middle School, providing you with unique and spacious living spaces.We offer one, two, and three-bedroom units in sizes ranging from 900 to 1500 square feet, perfect for any lifestyle. And

    School House Apartments

    1812 Avenue F, Fort Madison, IA 52627
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    $700

    Total Monthly Price

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

    820 Avenue F, Fort Madison, IA 52627

    820 Avenue F, Fort Madison, IA 52627
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    $695

    Total Monthly Price

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

    602 11th St Unit 3, Fort Madison, IA 52627

    602 11th St Unit 3, Fort Madison, IA 52627
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    $700

    Total Monthly Price

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

    820 Avenue F, Fort Madison, IA 52627

    820 Avenue F, Fort Madison, IA 52627
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    $875

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • Condo for Rent

    415 Avenue E Unit 3, Fort Madison, IA 52627

    For Rent | 2 Bed | 1 Bath | 1,200 Sq Ft | Fort Madison, IowaWelcome home to bright, easy living in the heart of Fort Madison. This spacious 1,200 square foot apartment offers room to breathe, stretch, and settle in.Located directly across from Old Settlers Park, your front view is green space and open sky instead of parking lots. Morning light pours in through large double pane

    415 Avenue E Unit 3, Fort Madison, IA 52627
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    $700

    Total Monthly Price

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

    822 Avenue F Unit 2C, Fort Madison, IA 52627

    822 Avenue F Unit 2C, Fort Madison, IA 52627

Why Live in Fort Madison

Fort Madison, IA, is a historic city in southeast Iowa known for its significant river and railroad traffic, highlighted by the double-decker swing-span bridge over the Mississippi River. The city is a hub for Burlington Northern Santa Fe, with around 85 trains passing through daily. Visitors can explore a replica fort from the War of 1812 and the Sheaffer Pen Museum, while annual events like the Tri-State Rodeo and Mexican Fiesta celebrate the city's cultural heritage. The Park-to-Park Residential Historic District features Victorian-era homes, including Italianate and Tudor Revival styles, influenced by New Orleans architecture. Other housing options range from early-1900s bungalows to midcentury ranch-style homes and renovated apartments in repurposed buildings. Riverview Park and Rodeo Park offer recreational activities, including playgrounds, disc golf, and campgrounds. The Fort Madison Marina has recently expanded, adding nearly 200 slips as part of a riverfront renovation. Local employers include manufacturing plants, the Southeast Iowa Regional Medical Center, and the Iowa State Penitentiary. The Southwest Chief Amtrak line provides passenger rail service, while nearby airports in Burlington and Cedar Rapids offer additional travel options. Downtown Fort Madison retains its historic charm with early-1900s storefronts, riverfront breweries, and local grocery stores like Hy-Vee and Aldi. The Fort Madison Community School District serves the area, with newly consolidated schools and private options through Holy Trinity Catholic Schools. Crime rates have been decreasing, with significant drops in violent and property crimes in recent years.

Frequently Asked Questions

How much does it cost to rent a home in Fort Madison, IA?
The median rent for a home in Fort Madison, IA is $700 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Fort Madison, IA?
To comfortably afford the median rent in Fort Madison, IA, a household needs to earn roughly $28,000 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 $700 per month in Fort Madison, IA, renters typically need to show $2,100 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 Fort Madison, IA?
In Fort Madison, IA, the price-to-rent ratio is 14.9, 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
6
Median Rent
$700
Median Condo Rent
$700
How to Rent a Home