2

Independence, IA Houses for Rent

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  • 600 5th Ave SW, Independence, IA 50644
    600 5th Ave SW, Independence, IA 50644
    600 5th Ave SW, Independence, IA 50644
    /23

    $1,500 Per Month

    • 2 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • Alex House

    600 5th Ave SW, Independence, IA 50644

    Can be rented furnished or unfurnished. Full of charm and character, this delightful 1938 cottage sits on a peaceful corner lot in a quiet neighborhood, fully enclosed by a classic picket fence. Two spacious living rooms anchor the home — a formal front living room with a cozy fireplace, and a rear family/dining room featuring a built-in window seat with storage. Hardwood floors and windows

    600 5th Ave SW, 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

    $795 Per Month

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

    816 5th Ave NE, Independence, IA 50644

    Move-In Costs: Deposit $795, Rent $795Utilities: 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
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 $913 per month, though prices vary by neighborhood, size, and property type. As of September 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 $35,400 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 $885 per month in Independence, IA, renters typically need to show $2,655 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 18.7, 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 $913 per month, with 3-bedroom houses renting at $975.

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$913
Median 3 Bedroom Single Family Home Rent
$975
How to Rent a Home

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