8

Independence, IA Homes for Rent

Section Image
  • /35

    Starting at $1,350 Per Month

    • 2 Beds

    501-507 Enterprise Dr, Independence, IA 50644

    Rush Mills is a modern apartment complex located conveniently right off the interstate in Independence, Iowa. You can’t beat these high end apartments at an affordable price, with monthly rent starting at just $1,250. These 12-plex apartment buildings are perfectly located with quick and easy access to Highway 20 and Highway150, making it easy to commute to Oelwein and the communities in Buchanan

    Rush Mills: 505 Enterprise

    (319) 474-5444

    501-507 Enterprise Dr, Independence, IA 50644
  • /15

    $1,400 Per Month

    • 4 Beds
    • 1.5 Baths
    • 1,440 Sq Ft
    • House for Rent

    511 2nd Ave SW, Independence, IA 50644

    Property Id: 1275419Available August 1st from RentINDEE. com 511 2nd Ave SW Independence. Fresh and clean. Hardwood floors, Stove, fridge, disposal, washer and dryer provided. The house has a garage with opener, central air and blinds on all of the windows. Screened frontporch, mudroom, formal dining room and an office nook. No previous evictions accepted. No phone calls please. If

    (319) 271-6279

    511 2nd Ave SW, Independence, IA 50644
  • /20

    $975 Per Month

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • House for Rent

    612 6th St SW, Independence, IA 50644

    Property Id: 15998722 real bedrooms and a walk through area that has been used for an office and a kids room. It has a very deep one stall garage with a workshop area at the back.Fresh and CleanNewer Carpet and PaintStove and Fridge ProvidedMain floor laundry areaAttached garage with openerCentral airDouble panel windowsPrevious evictions not

    (319) 271-8146

    612 6th St SW, Independence, IA 50644
  • /9

    $750

    Total Monthly Price

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

    129 2nd Ave NE Unit A, Independence, IA 50644

    Bright and spacious 1 bedroom apartment available!1 bedroom, 1 bathroom630 square feetIncludes: hardwood floors, stove, fridge, built-in microwave, dishwasher, spacious, great view overlooking downtown Independence. In-house laundry on-site included in rent.Located in downtown Independence - close to Gedney Bakery & Coffeehouse and post office.Rent and

    129 2nd Ave NE Unit A, Independence, IA 50644
  • /28

    $975

    Total Monthly Price

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

    612 6th St SW, Independence, IA 50644

    2 real bedrooms and a walk through area that has been used for an office. It has a very deep one stall garage with a workshop area at the back.Fresh and CleanNew Carpet and PaintStove and Fridge ProvidedMain floor laundry areaAttached garage with openerCentral airDouble panel windowsPrevious evictions not allowed600 min. credit scorePets are an extra

    612 6th St SW, Independence, IA 50644
  • /21

    $875 Per Month

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft
    • House for Rent

    609 1st St E, Independence, IA 50644

    Newly remodeled 2 bed, 1 bath home. Comes with updated appliances. Parking available right outside your front door! Located near the heart of Independence and right off main street. Pets allowed on a case by case basis.Schools: Independence School DistrictUtilities: Landlord is Garbage, Lawn/Snow. Tenant is responsible for Electric, Gas and Water/Sewer.Average Utility Bill:

    609 1st St E, Independence, IA 50644

Why Live in Independence

Along the banks of the Wapsipinicon River is Independence, the Buchanan County seat. Century-old homes are down the road from a vibrant downtown with boutiques and eateries, and there are several parks throughout the city. “It’s just your ...

Frequently Asked Questions

How much does it cost to rent a home in Independence, IA?
The median rent for a home in Independence, IA is $937 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos 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 Independence, IA?
To comfortably afford the median rent in Independence, IA, a household needs to earn roughly $37,480 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 $937 per month in Independence, IA, renters typically need to show $2,811 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 Independence, IA?
In Independence, IA, the price-to-rent ratio is 17.6, 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 Independence, IA

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$937
Median Single Family Home Rent
$950
Median Condo Rent
$850
How to Rent a Home