15

Studio Apartments for Rent in Mason City, IA

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  • /35

    Starting at $810 Per Month

    • Studio - 3 Beds

    100 4th St SW, Mason City, IA 50401

    Welcome to The River in Mason City, Iowa.Discover modern living in the heart of downtown Mason City. The River offers thoughtfully designed studio, one-, two-, and three-bedroom apartments, along with two- and three-bedroom townhomes, providing flexible layouts for a variety of lifestyles.Each home features in-unit washers and dryers, walk-in closets, air conditioning, and private

    The River Apartments & Townhomes

    (641) 243-5943

    100 4th St SW, Mason City, IA 50401
  • /23

    Starting at $550 Per Month

    • Studio - 1 Bed

    1000 S Illinois Ave, Mason City, IA 50401

    All apartments have their own entrance and patio for additional out door living space. All of the furnishings in the apartments are new. This complex is located on a dead end which means no traffic. It sits on 7 acres of park like setting with mature trees and plenty a yard space. Private off-street parking, completely remodeled laundry facility featuring new washers and dryers. All new entry

    Key West Apartments

    (641) 201-4109

    1000 S Illinois Ave, Mason City, IA 50401
  • /20

    Starting at $1,025 Per Month

    • Studio - 2 Beds

    110 N Delaware Ave, Mason City, IA 50401

    Welcome to The Delaware, a premier living destination in Mason City, IA!This apartment complex offers a host of amenities designed for a modern, convenient lifestyle. Each unit is equipped with in-unit washer and dryers, stainless steel appliances, LVP flooring, and carpeted rooms, all finished with sleek, contemporary touches. The Delaware has private underground parking options

    The Delaware - Luxury Apartment's in Mason City!

    (641) 243-5920

    110 N Delaware Ave, Mason City, IA 50401
  • /15

    Starting at $500 Per Month

    • Studio - 2 Beds

    600 N Kentucky Ave, Mason City, IA 50401

    Our Efficiency Apartments feature a kitchenette with new cabinets and counter, a full size fridge and apartment size stove. The living area is 15' x 15' with a double and a single closet. Standing shower, vanity and toilet complete the bathroom. Our one bedroom feature a separate bedroom with 2 double closets as well as a living/dining area and a full bath with a tub shower combo. Each kitchen

    Key Apartments

    (641) 243-4805

    600 N Kentucky Ave, Mason City, IA 50401
  • /16

    Starting at $25 Per Month

    • Studio - 1 Bed

    741 S Illinois Ave, Mason City, IA 50401

    All newly remodeled apartments in 2021! Pilgrim Place is an affordable, non-profit, older adult (62+) community with several apartments equipped to accommodate those who are mobility impaired (also available to those over the age of 18). Pilgrim Place is a three-story, 34 unit community located within walking distance of many banks, shopping areas and medical facilities in Mason City, Iowa.

    Pilgrim Place Senior Housing (62+)

    (641) 243-5972

    741 S Illinois Ave, Mason City, IA 50401

Why Live in Mason City

Mason City, IA, is the largest city in North Iowa, with a population of nearly 27,000. Known for its rich cultural heritage, Mason City was the birthplace of Meredith Wilson and inspired his musical “The Music Man.” The city hosts the annual North Iowa Band Festival, a significant event featuring the largest free band competition in the Midwest. Mason City offers various things to do, including shopping downtown, hiking through 70 miles of trails, and visiting the free Charles H. MacNider Art Museum. The city’s park system spans several hundred acres, with highlights like Parker’s Woods and Lester Milligan Park, which provide opportunities for fishing and swimming. The Mason City Arena, with a seating capacity of 2,058, hosts junior league hockey games, concerts, and community events. The Main Street Mason City District is a commercial hub with numerous shopping and dining options. Mason City is notable for its Prairie School architecture, particularly in the Rock Crest-Rock Glen Historic District. Home styles range from bungalow and gable-front fixer-uppers to larger Prairie School homes and modern constructions. Major employers include North Iowa Mercy Health Center and manufacturing facilities like Smithfield and Kraft. Newman Catholic School is a highly rated private school serving students from kindergarten through 12th grade. Mason City Transit provides public transportation, and the Mason City Municipal Airport offers flights to Chicago. The climate features warm summers and cold winters, with significant snowfall and a history of tornadoes.

Frequently Asked Questions

How much does it cost to rent a home in Mason City, IA?
The median rent for a home in Mason City, IA is $1,000 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 Mason City, IA?
To comfortably afford the median rent in Mason City, IA, a household needs to earn roughly $40,000 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 $1,000 per month in Mason City, IA, renters typically need to show $3,000 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 Mason City, IA?
In Mason City, IA, the price-to-rent ratio is 14.1, 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 Trends in Mason City, IA

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,000
Median Condo Rent
$1,000
How to Rent a Home