5

Indianola, IA Condos for Rent

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  • /20

    $1,900 Per Month

    • 3 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • Condo for Rent

    508 W 2nd Ave Unit D, Indianola, IA 50125

    Property Id: 1541605 This stunning new construction offers a spacious 1600 sq. ft. layout with zero entry for easy accessibility. Enjoy the luxury of 9-foot ceilings and stylish LVP flooring throughout, complemented by sleek quartz countertops and modern stainless steel appliances in the kitchen. The thoughtfully designed space includes a separate laundry room equipped with a washer and

    508 W 2nd Ave Unit D, Indianola, IA 50125
  • /4

    $650 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    104 E Boston Ave Unit 3, Indianola, IA 50125

    Property Id: 1628142 Second level studio apartment with all utilities paid. Free parking and within walking distance of downtown Indianola. Shared bathroom with unit accross the hall. Potential to combine two upper units.

    104 E Boston Ave Unit 3, Indianola, IA 50125
  • /5

    $650 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    104 E Boston Ave Unit 4, Indianola, IA 50125

    Property Id: 1628145 Second level studio apartment with all utilities paid. Free parking and within walking distance of downtown Indianola. Shared bathroom with unit accross the hall. Potential to combine two upper units.

    104 E Boston Ave Unit 4, Indianola, IA 50125
  • /26

    $2,600 Per Month

    • 2 Beds
    • 1 Bath
    • 952 Sq Ft
    • Condo for Rent

    1100 N 6th St, Indianola, IA 50125

    Property Id: 2570333 Located: - 1 mile from Midwest Line College - 1 mile from Simpson College - 1 mile from Downtown Indianola - 17.4 miles from MercyOne Medical Center - 17.4 miles from Iowa Methodist Medical Center - 17.6 miles from UnityPoint Health - Lutheran Hospital This ground floor condo has 2 bedrooms, 1 with a King bed & 1 with Queen bed, smart

    1100 N 6th St, Indianola, IA 50125
  • /17

    $795 Per Month

    • 2 Beds
    • 1 Bath
    • 1,288 Sq Ft
    • Condo for Rent

    409 N Howard St Unit 1, Indianola, IA 50125

    Nestled in a historic Indianola neighborhood just minutes from the town square and adjacent to Simpson College, these nicely updated apartments are move-in ready and easy to live in. Units include ceiling fans, gas forced heat and standard appliances; select apartments add an in-unit washer and dryer, dishwasher, microwave, and central air. Residents enjoy off-street parking, private exterior

    409 N Howard St Unit 1, Indianola, IA 50125

Frequently Asked Questions

How much does it cost to rent a condo in Indianola, IA?
The median rent for a condo in Indianola, IA is $795 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 Indianola, IA?
To comfortably afford the median rent in Indianola, IA, a household needs to earn roughly $37,800 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 $945 per month in Indianola, IA, renters typically need to show $2,835 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 Indianola, IA?
In Indianola, IA, the price-to-rent ratio is 29.1, 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.
What neighborhoods in Indianola, IA are best for renting a condo?
The best neighborhood for renting in Indianola, IA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Downtown Des Moines, Woodland Heights and Drake, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
5
Median Condo Rent
$795
Median 1 Bedroom Condo Rent
$650
Median 2 Bedroom Condo Rent
$1,698
Median 3 Bedroom Condo Rent
$1,900
How to Rent a Home