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Grinnell, IA Homes for Rent

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  • /30

    Starting at $1,125 Per Month

    • Studio - 2 Beds

    1020 Main St, Grinnell, IA 50112

    Grinnell Investments

    1020 Main St, Grinnell, IA 50112
  • /24

    Starting at $395 Per Month

    • 1 - 3 Beds

    500 Industrial Ave, Grinnell, IA 50112

    We don't just rent apartments. From the moment you walk through the front door you'll feel the comfort that makes our residents happy to call us home. Cutting edge amenities, meticulously-groomed grounds, and a dedicated staff contributes to a higher standard of living. Convenient shopping, award-winning schools, local museums and parks are all close at hand, with sponsored activities to develop

    The Reserves at South Lake

    500 Industrial Ave, Grinnell, IA 50112
  • /9

    $1,325

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Townhouse for Rent

    828 State St, Grinnell, IA 50112

    Nice duplex apartment with attached 2-car garage, close to downtown.

    828 State St, Grinnell, IA 50112
  • /5

    $1,700

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,288 Sq Ft
    • House for Rent

    103 11th Ave, Grinnell, IA 50112

    New construction twin home at 121 11th Ave, Grinnell — modern, low-maintenance living in a prime location. This 1,288 sq. ft. residence offers 2 bedrooms and 2 full baths, an open-concept living and dining area with abundant natural light, and a contemporary kitchen with ample cabinet and counter space. The primary suite includes a private bath for added convenience. Additional highlights:

    103 11th Ave, Grinnell, IA 50112
  • /5

    $2,125

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,478 Sq Ft
    • House for Rent

    101 11th Ave, Grinnell, IA 50112

    New construction twin home for rent at 115 11th Ave, Grinnell — bright, low-maintenance modern living. This 1,478 sq. ft. rental features 3 bedrooms, 2 full baths, an open-concept living/dining area, and a contemporary kitchen with ample counter and cabinet space. The primary suite includes a private bath; additional bedrooms provide flexible space for family, office, or guests. Attached 2-car

    101 11th Ave, 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 $1,700 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses 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 Grinnell, IA?
To comfortably afford the median rent in Grinnell, IA, a household needs to earn roughly $68,000 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 $1,700 per month in Grinnell, IA, renters typically need to show $5,100 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 Grinnell, IA?
In Grinnell, IA, the price-to-rent ratio is 11.0, 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 Home Trends

Number of Homes for Rent
5
Median Rent
$1,700
Median Single Family Home Rent
$1,913
Median Townhouse Rent
$1,325
How to Rent a Home