2

Studio Apartments for Rent in Norwalk, IA

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  • /20

    Starting at $725 Per Month

    • Studio - 2 Beds

    1113 Main St, Norwalk, IA 50211

    Designed and built by Eggers Bilt Homes in 1968, Sunset Apartments is a beautiful complex with a humble history. You'll feel comfortable and right at home with the family constantly on site keeping the buildings clean and solving problems quickly and diligently. Not only are the buildings themselves quaint and atmospherically warm, but so is the courtyard that sits in the heart of the three main

    Sunset Apartments

    1113 Main St, Norwalk, IA 50211
  • /20

    Starting at $995 Per Month

    • Studio - 3 Beds

    2700 Jacobin Dr, Norwalk, IA 50211

    Experience comfortable, modern living in the heart of Norwalk, Iowa. This thoughtfully designed apartment community offers a quiet suburban setting with convenient access to Des Moines, local schools, parks, and everyday essentials. Each studio, one, and two-bedroom apartment home features clean, contemporary finishes including stainless steel appliances, durable luxury vinyl flooring, modern

    Allure at 57

    2700 Jacobin Dr, Norwalk, IA 50211

Why Live in Norwalk

Norwalk, Iowa, is a southern suburb of the Des Moines metro area, positioned between Des Moines International Airport and Iowa farmland. The community features a mix of midcentury homes, new subdivisions and golf course communities. Norwalk Central, a mixed-use development, is bringing new commercial and residential spaces, including an indoor sports facility, baseball fields and a park with a band shell. The area has seen significant growth due to available land for new construction, with about half of the homes sold since 2020 being newly built. Norwalk offers various recreational amenities, such as Billy O. Phillips Park, the Norwalk Aquatic Center and the City State Bank Norwalk Fieldhouse, which includes multipurpose courts, an indoor track and community spaces. The city also has two popular golf courses: Echo Valley Country Club and Legacy Golf Club. Most homes are zoned for the Norwalk Community School District. Norwalk is approximately 10 miles from Downtown Des Moines and 6 miles south of Des Moines International Airport, providing convenient access to urban amenities. The recent addition of the Great Western Trail enhances connectivity for cyclists. Housing options range from affordable homes in the Lakewood neighborhood to upscale estates in subdivisions like Silverado Estates and Echo Valley Estates.

Frequently Asked Questions

How much does it cost to rent a home in Norwalk, IA?
The median rent for a home in Norwalk, IA is $1,995 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 Norwalk, IA?
To comfortably afford the median rent in Norwalk, IA, a household needs to earn roughly $79,800 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 $1,995 per month in Norwalk, IA, renters typically need to show $5,985 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 Norwalk, IA?
In Norwalk, IA, the price-to-rent ratio is 14.2, 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 Norwalk, IA are best for renting a home?
The best neighborhood for renting in Norwalk, IA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Des Moines, Sherman Hill, Drake and East Village, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,995
Median Single Family Home Rent
$2,295
Median Condo Rent
$1,990
How to Rent a Home