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Knoxville, IA Homes for Rent

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  • /35

    Starting at $930 Per Month

    • 2 - 3 Beds

    1329 S Lincoln St, Knoxville, IA 50138

    Kading Properties prides itself on building living communities that bring people home. That means our communities are safe, friendly, well kept, well lit and close to nearby amenities for recreation, shopping and work.So whether you’re looking to upgrade from apartment living, to find a comfortable home for your family, or downsize from a home to less hands-on maintenance, Kading delivers on

    Villa's on Bell

    1329 S Lincoln St, Knoxville, IA 50138
  • /8

    $625 Per Month

    • 1 Bed
    • 1 Bath
    • 725 Sq Ft
    • Condo for Rent

    114 N 7th St Unit 114.5 N 7th St, Knoxville, IA 50138

    114 N 7th St Unit 114.5 N 7th St, Knoxville, IA 50138
  • /19

    $1,195 Per Month

    • 3 Beds
    • 1 Bath
    • 1,014 Sq Ft
    • 3BR Home with Modern Kitchen in Knoxville, IA

    410 N Grant St, Knoxville, IA 50138

    Welcome to this beautifully remodeled 3-bedroom, 1-bath home in Knoxville, IA! Enjoy a modern kitchen with updated appliances and a spacious primary bedroom designed for comfort. Stylish updates, great layout, and a convenient location—this home has it all.Schedule a tour today to see all that this lovely property has to offer. To set up a viewing, please call our main line at

    410 N Grant St, Knoxville, IA 50138

Why Live in Knoxville

Knoxville, Iowa, is a rural community known for its sprint car racing and access to Lake Red Rock. The Knoxville Raceway, a historic racetrack, hosts the Knoxville Nationals, attracting over 25,000 visitors annually. The National Sprint Car Hall of Fame & Museum highlights the city's racing history. Residents enjoy outdoor activities at Veterans and Auld parks, which feature playgrounds, a splash pad, and a dog park. Lake Red Rock and Elk Rock State Park, located within 6 miles, offer boating, fishing, hiking, camping, and horseback riding. Knoxville's residential areas are dominated by ranch-style houses, with Craftsman-style homes, bi-level houses, and bungalows also present. The Veterans District is a new development bringing additional housing options. Knoxville's downtown square is a hub for shopping and dining, featuring old-timey brick buildings, boutiques, eateries, and the historic Marion County Courthouse. Popular spots include The Coffee Connection, Atlantic & Pacific Pub, and Deng's Garden. The Grand Theater offers vintage charm and affordable movie tickets. The Knoxville Farmers Market operates from May to October. Major employers include Weiler, 3M, Hormel Foods, and Knoxville Hospital & Clinics. Residents rely on state routes 5, 92, and 14 for commuting, with Des Moines International Airport 36 miles away. Knoxville also hosts significant events like the Living Windows Christmas celebration and the Marion County Christmas lights tour.

Frequently Asked Questions

How much does it cost to rent a home in Knoxville, IA?
The median rent for a home in Knoxville, IA is $772 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 Knoxville, IA?
To comfortably afford the median rent in Knoxville, IA, a household needs to earn roughly $30,880 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 $772 per month in Knoxville, IA, renters typically need to show $2,316 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 Knoxville, IA?
In Knoxville, IA, the price-to-rent ratio is 20.9, 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
3
Median Rent
$772
Median Single Family Home Rent
$1,020
Median Condo Rent
$688
How to Rent a Home