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Newest Homes for Rent in Independence, IA

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  • 514 3rd Ave SE, Independence, IA 50644
    514 3rd Ave SE, Independence, IA 50644
    514 3rd Ave SE, Independence, IA 50644
    /12

    $925 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: $925 Deposit, $925 RentLawn/Snow: Tenant HandlesPets/Animals: Pets allowed on a case-by-case basis.

    514 3rd Ave SE, Independence, IA 50644
  • 416 3rd St NW Unit Upper, Independence, IA 50644
    416 3rd St NW Unit Upper, Independence, IA 50644
    416 3rd St NW Unit Upper, Independence, IA 50644
    /8

    $300 Per Month

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

    416 3rd St NW Unit Upper, Independence, IA 50644

    Property Id: 179425 *Rent Special* $300/mo for the first two months, then $545/mo for the remainder of the lease. Stove, fridge, washer and dryer provided. This is an upstairs apartment above a house on a shaded double lot in NW Independence. Mowing, snow removal and a storage shed is provided. If you are interested, please complete the pre-showing questionnaire ahead of time at

    416 3rd St NW Unit Upper, Independence, IA 50644
  • 816 5th Ave NE, Independence, IA 50644
    816 5th Ave NE, Independence, IA 50644
    816 5th Ave NE, Independence, IA 50644
    /12

    $850 Per Month

    • 2 Beds
    • 1 Bath
    • 1,198 Sq Ft
    • House for Rent

    816 5th Ave NE, Independence, IA 50644

    Move-In Costs: Deposit $850, Rent $850Utilities: Tenant is responsible for all utilities. Section 8: Applicable Average Utility Bill: $100/monthPets: Pets allowed on a case-by-case basis, $50/monthLawn/Snow: Tenant ResponsibilityOffice Phone #: Email: Website: All EPM Iowa residents are enrolled in the Resident Benefits Package (RBP) for $49.00/month which

    816 5th Ave NE, Independence, IA 50644
  • 501-507 Enterprise Dr, Independence, IA 50644
    501-507 Enterprise Dr, Independence, IA 50644
    501-507 Enterprise Dr, Independence, IA 50644
    /35

    Starting at $1,350 Per Month

    • 2 Beds

    501-507 Enterprise Dr, Independence, IA 50644

    ***Special - 1 month FREE with a 12 month lease***?Apartment Features? - Brand-new apartments? - Slate-finished appliances?? - Hardwood flooring?? - Quartz countertops? - Soft-close cabinetry?? - Secured entry??? - Garage parking available??? - Less than 5 minutes from Highway 20 for an easy commute??? - $0 Deposit Option? - Pet-friendly — cats and

    Rush Mills: 505 Enterprise

    501-507 Enterprise Dr, Independence, IA 50644
  • 416 3rd St NW Unit Upper, Independence, IA 50644
    416 3rd St NW Unit Upper, Independence, IA 50644
    416 3rd St NW Unit Upper, Independence, IA 50644
    /8

    $300 Per Month

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

    416 3rd St NW Unit Upper, Independence, IA 50644

    Property Id: 179425 *Rent Special* $300/mo for the first two months, then $545/mo for the remainder of the lease. Stove, fridge, washer and dryer provided. This is an upstairs apartment above a house on a shaded double lot in NW Independence. Mowing, snow removal and a storage shed is provided. If you are interested, please complete the pre-showing questionnaire ahead of time at

    416 3rd St NW Unit Upper, Independence, IA 50644
Iowa Buchanan County

Newest Homes for Rent in Independence, IA

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 $887 per month, though prices vary by neighborhood, size, and property type. As of August 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 $35,480 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 $887 per month in Independence, IA, renters typically need to show $2,661 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 19.0, 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 Independence, IA

There are currently 5 homes available for rent in Independence, IA. The median rent is $887 per month, with single-family homes renting at $850 and condos at $950.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$887
Median Single Family Home Rent
$850
Median Condo Rent
$950
How to Rent a Home

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