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Grinnell, IA Homes for Rent

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    Starting at $800 Per Month

    • 1 - 2 Beds

    827 Spring St, Grinnell, IA 50112

    Welcome to Spaulding Lofts, your ideal community where comfort, leisure, and entertainment seamlessly align with your lifestyle. Located in a great area and featuring exceptional amenities, our pet-friendly apartments for rent in Grinnell offer everything you need to feel right at home. Experience the perfect blend of quality living and convenience at Spaulding Lofts!Whether you opt for a one

    Spaulding Lofts

    (515) 416-6732

    827 Spring St, Grinnell, IA 50112
  • /20

    $1,730 Per Month

    • 5 Beds
    • 2 Baths
    • 2,107 Sq Ft
    • House for Rent

    1007 Spring St, Grinnell, IA 50112

    Property Id: 1813333We are renting our charming four-bedroom, two-bathroom furnished home with 2100 square feet of comfortable living. (We can offer it largely unfurnished if desired.) The living room and dining room areas have newly refinished hardwood floors. There are four comfortable sized bedrooms, two newly remodeled bathrooms, a fully equipped kitchen with pantry and

    (641) 321-6675

    1007 Spring St, Grinnell, IA 50112
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    $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
  • /8

    $1,100

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 1,440 Sq Ft
    • Townhouse for Rent

    1616 5th Ave, Grinnell, IA 50112

    12 Month Lease, $1,100 deposit, Available NowCharming 3-Bedroom, 1.5-Bath Duplex on Grinnell's East Side Welcome to this spacious and inviting 3-bedroom, 1.5-bath duplex located in a peaceful neighborhood on the east side of Grinnell. Key Features: Three Generously Sized Bedrooms: Ample space for rest and relaxation, with plenty of natural light and storage options. Bright & Open Living Area:

    1616 5th Ave, Grinnell, IA 50112
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    $800 Per Month

    • 700 Sq Ft
    • House for Rent

    1131 Spencer St Unit 4, Grinnell, IA 50112

    1 bedroom, 1 bathroom apartment for rent in Grinnell. This is a freshly remodeled apartment. The unit is on the second floor and parking is steps away. Laundry is located in the bedroom. Tenant pays utilities. Call your local agent today for a showing!

    Bennett Wiltfang RE/MAX Partners Realty

    1131 Spencer St Unit 4, Grinnell, IA 50112

Why Live in Grinnell

Grinnell, IA, known as "The Jewel of the Prairie," is a small city with a population of over 9,000, centered around Grinnell College. Located an hour from Des Moines and Iowa City, Grinnell is the largest city in Poweshiek County. The Grinnell-Newburg Community School District is highly rated, and Grinnell College is recognized as the best liberal arts college in Iowa. The city features diverse housing options, including Victorian, contemporary, ranch-style houses, bungalows, and split-level homes, with a growing number of apartment complexes on the western end. Downtown Grinnell boasts over 50 shops and nearly 30 restaurants, including Solera wine bar and Pagliai's pizzeria. Local grocery stores such as Hy-Vee, Fareway, and McNally's Foods cater to residents' needs. Grinnell is rich in history, with around 15 sites on the National Register of Historic Places, including the Merchant's National Bank designed by Louis Sullivan. The Grinnell Historical Museum and the Grinnell College Museum of Art highlight the city's cultural heritage. The city has nine public parks and three aquatic centers, with Ahrens/Paschall Memorial Park offering multiple sports fields. Community events, like the Music In The Park series, are organized by the Grinnell Area Arts Council. Grinnell experiences mild summers and freezing winters, with average summer highs of 82 degrees and winter lows of 18 degrees. Crime rates in Grinnell are below state and national averages, contributing to a safer environment. The city is accessible via Interstate 80 and has public transit through PeopleRides, with three commercial airports an hour away.

Frequently Asked Questions

How much does it cost to rent a home in Grinnell, IA?
The median rent for a home in Grinnell, IA is $1,100 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 16.0, 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 Grinnell, IA

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,100
Median Single Family Home Rent
$800
Median Townhouse Rent
$1,690
Median Condo Rent
$1,025
How to Rent a Home