4

Grinnell, IA Condos for Rent

Section Image
  • /8

    $1,025

    Total Monthly Price

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

    802 Reed St, Grinnell, IA 50112

    RARE OPENING! Contact us for your tour today! The Row on Reed offers a living experience unlike any other in the market. This small scale residence offers studio, 1 bedroom or 2 bedroom living spaces, each with their own private entrance, state of the art appliances, high-end finishes, spacious closets, high ceilings and in-unit laundry. Located in a quite neighborhood setting, The Row on

    802 Reed St, Grinnell, IA 50112
  • /8

    $1,025

    Total Monthly Price

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

    802 Reed St, Grinnell, IA 50112

    RARE OPENING! Contact us for your tour today! The Row on Reed offers a living experience unlike any other in the market. This small scale residence offers studio, 1 bedroom or 2 bedroom living spaces, each with their own private entrance, state of the art appliances, high-end finishes, spacious closets, high ceilings and in-unit laundry. Located in a quite neighborhood setting, The Row on

    802 Reed St, Grinnell, IA 50112

Frequently Asked Questions

How much does it cost to rent a condo in Grinnell, IA?
The median rent for a condo in Grinnell, IA is $1,025 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while condos and townhouses are currently more expensive.
How much do you need to make to afford rent in Grinnell, IA?
To comfortably afford the median rent in Grinnell, IA, a household needs to earn roughly $44,000 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 $1,100 per month in Grinnell, IA, renters typically need to show $3,300 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 Grinnell, IA?
In Grinnell, IA, the price-to-rent ratio is 16.3, 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.

Condo Rental Trends in Grinnell, IA

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,025
Median 1 Bedroom Condo Rent
$1,025
Median 3 Bedroom Condo Rent
$1,750
How to Rent a Home