4

Iola, KS Homes for Rent

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  • /8

    $1,000 Per Month

    • 3 Beds
    • 1.5 Baths
    • House for Rent

    609 E Garfield St, Iola, KS 66749

    Property Id: 20893993 bedroom 1.5 bath available for rent. $1,000/month. $1,000 deposit $50 pet deposit with $25 monthly pet fee. Large fenced backyard. Washer, dryer, fridge and stove provided.

    609 E Garfield St, Iola, KS 66749
  • /6

    $900

    Total Monthly Price

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

    223 N Sycamore St Unit A, Iola, KS 66749

    223 N Sycamore St Unit A, Iola, KS 66749
  • /13

    $650 Per Month

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft
    • Apartment for Rent

    1 1/2 N Jefferson Ave Unit Apartment 1, Iola, KS 66749

    Charming 2-bedroom, 1-bath apartment located right on the town square! This cozy unit offers added security with locked exterior entry doors and includes access to shared laundry facilities. Conveniently situated close to shops, dining, and local events—perfect for anyone looking to enjoy the heart of town living.

    1 1/2 N Jefferson Ave Unit Apartment 1, Iola, KS 66749
  • /7

    $1,200 Per Month

    • 1 Bed
    • 1 Bath
    • Newly renovated fully furnished 1 bedroom apartment on the Square

    19 1/2 S Jefferson Ave, Iola, KS 66749

    Enjoy a stylish experience at this centrally-located place. Enjoy easy access to all Iola has to offer from this perfectly located home base. Located in the historic King Bridge Company building on the southeast side of the largest town square in America that now houses Audacious Boutique, Alpha Dog, and Back and Bodyworks Massage, this newly renovated fully furnished apartment is great for

    19 1/2 S Jefferson Ave, Iola, KS 66749

Why Live in Iola

Iola, located in southeast Kansas, serves as the political and economic center of Allen County. With a population of approximately 5,400, Iola is experiencing a resurgence, marked by new investments in housing, businesses, and parks. The city’s economy, once reliant on natural gas extraction, now includes big-box retailers, manufacturers like Russell Stover Chocolates, and a growing number of remote workers. Housing in Iola features a mix of styles, from 1870s homes to new constructions, with ranch-style homes and bungalows being most common. Downtown Iola boasts early 1900s brick storefronts that now house law offices, boutique shops, and eateries such as El Charro, King’s Sandwich Shop, and Rookies Sports Bar & Grill. For outdoor enthusiasts, Riverside Park offers baseball fields, a municipal pool, and a skate park, while the newly established Lehigh-Portland State Park provides hiking, mountain biking, and water activities. The Prairie Spirit Trail, starting at Cofachique Park, offers a 51-mile trail for walking and biking. Iola is conveniently located about 100 miles from Kansas City, Wichita, and Joplin, with easy access via state highways. The local school district, Iola USD 257, includes Iola Elementary, Iola Middle School, and Iola High School, which offers career preparation programs and dual enrollment with Allen Community College.

Frequently Asked Questions

How much does it cost to rent a home in Iola, KS?
The median rent for a home in Iola, KS is $1,150 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Iola, KS?
To comfortably afford the median rent in Iola, KS, a household needs to earn roughly $46,000 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 $1,150 per month in Iola, KS, renters typically need to show $3,450 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 Iola, KS?
In Iola, KS, the price-to-rent ratio is 9.4, 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

Number of Homes for Rent
4
Median Rent
$1,150
Median Condo Rent
$1,150
How to Rent a Home