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Newest Homes for Rent in Independence, IA

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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

    (319) 474-5444

    501-507 Enterprise Dr, Independence, IA 50644
  • 511 2nd Ave SW, Independence, IA 50644
    511 2nd Ave SW, Independence, IA 50644
    511 2nd Ave SW, 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
  • 609 1st St E, Independence, IA 50644
    609 1st St E, Independence, IA 50644
    609 1st St E, 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
  • 129 2nd Ave NE Unit A, Independence, IA 50644
    129 2nd Ave NE Unit A, Independence, IA 50644
    129 2nd Ave NE Unit A, 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
Iowa Buchanan County Independence

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 $850 per month, though prices vary by neighborhood, size, and property type. As of May 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 $34,000 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 $850 per month in Independence, IA, renters typically need to show $2,550 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 19.5, 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 in Independence, IA

There are currently 4 homes available for rent in Independence, IA. The median rent is $850 per month, with single-family homes renting at $850 and condos at $850.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$850
Median Single Family Home Rent
$850
Median Condo Rent
$850
How to Rent a Home

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