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Independence, IA Homes for Rent

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

    501-507 Enterprise Dr, Independence, IA 50644
  • 201 8th Ave NE, Independence, IA 50644
    201 8th Ave NE, Independence, IA 50644
    201 8th Ave NE, Independence, IA 50644
    /5

    $925

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 851 Sq Ft
    • House for Rent

    201 8th Ave NE, Independence, IA 50644

    Smaller house with a shaded backyard on a corner lot. Double garage and two driveways. Oven and refrigerator provided. Main floor laundry hook-ups. No phone calls please. If you are interested in seeing inside, please complete the pre-showing questionnaire ahead of time at RentINDEE. com

    201 8th Ave NE, Independence, IA 50644
  • 129 2nd Ave NE Unit B, Independence, IA 50644
    129 2nd Ave NE Unit B, Independence, IA 50644
    129 2nd Ave NE Unit B, Independence, IA 50644
    /18

    $850

    Total Monthly Price

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

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

    Bright and spacious 1 bedroom apartment available July 1!1 bedroom, 1 bathroom820 square feetIncludes: hardwood floors, stove, fridge, built-in microwave, dishwasher, spacious with a deck and great view overlooking the Wapsipinicon River and Mill. In-house laundry on-site included in rent.Located in downtown Independence - close to Gedney Bakery & Coffeehouse and post

    129 2nd Ave NE Unit B, Independence, IA 50644
  • 514 3rd Ave SE, Independence, IA 50644
    514 3rd Ave SE, Independence, IA 50644
    514 3rd Ave SE, Independence, IA 50644
    /9

    $995 Per Month

    • 3 Beds
    • 1 Bath
    • 1,328 Sq Ft
    • House for Rent

    514 3rd Ave SE, Independence, IA 50644

    Description: 3 bedroom, 1 bath home now available! Please contact EPM Iowa directly for more information and to apply. Schools: Independence School DistrictUtilities: Tenant is responsible for all utilities. Average Utility Bill: $120/monthMove-In Costs: $995 Deposit, $995 RentLawn/Snow: Tenant HandlesPets/Animals: Pets allowed on a case-by-case basis.

    514 3rd Ave SE, Independence, IA 50644
  • 815 2nd St SW, Independence, IA 50644
    815 2nd St SW, Independence, IA 50644
    815 2nd St SW, Independence, IA 50644
    /25

    $895 Per Month

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

    815 2nd St SW, Independence, IA 50644

    Description: This house has been completely redone! It features all new exterior doors, new garage door, new lower kitchen cabinets, new dishwasher, refrigerator, and oven. Washer and dryer hookups will are in the kitchen area. Everything has been repainted. Schools: Independence School DistrictUtilities: Tenant is responsible for all utilities. Move-In Costs: $895 Deposit, $895

    815 2nd St SW, Independence, IA 50644
Iowa Buchanan County

Homes for Rent in Independence, IA

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 ...

Learn more about living in Independence

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 $895 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos 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 $35,800 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 $895 per month in Independence, IA, renters typically need to show $2,685 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 19.1, 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

There are currently 5 homes available for rent in Independence, IA. The median rent is $895 per month, with single-family homes renting at $895 and condos at $900.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$895
Median Single Family Home Rent
$895
Median Condo Rent
$900
How to Rent a Home

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