2

Independence, IA Houses for Rent

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  • 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
  • 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
Iowa Buchanan County

Houses for Rent in Independence, IA

Frequently Asked Questions

How much does it cost to rent a single-family home in Independence, IA?
The median rent for a single-family home in Independence, IA is $910 per month, though prices vary by neighborhood, size, and property type. As of July 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 $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 Home Trends in Independence, IA

There are currently 2 single-family homes available for rent in Independence, IA. The median rent is $910 per month, with 3-bedroom houses renting at $960 and 5-bedroom houses at $625.

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$910
Median 3 Bedroom Single Family Home Rent
$960
Median 5 Bedroom Single Family Home Rent
$625
How to Rent a Home

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