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Newest Homes for Rent in Fort Madison, IA

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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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    $650

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    2415 Avenue J Unit 2, Fort Madison, IA 52627

    2415 Avenue J Unit 2, 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

    820 Avenue F Unit 1C, Fort Madison, IA 52627

    820 Avenue F Unit 1C, 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
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    $750

    Total Monthly Price

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

    602 11th St Unit 1, Fort Madison, IA 52627

    602 11th St Unit 1, Fort Madison, IA 52627

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