4

Ottumwa, IA Condos for Rent

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  • /8

    $1,200

    Total Monthly Price

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

    13901 120th Ave Unit Furnished 1 bedroom basement apt., Ottumwa, IA 52501

    Well kept clean one bedroom fully furnished basement apartment with a separate private entrance located on a gravel road about 2 miles from town. Local hospital is 8-9 minute drive, Indian Hills Community College is about 8 minute drive, 12 minutes to the center of Ottumwa. No pets, no smoking, no candles. Outside security camera’s. Children should not be outside without supervision as there

    13901 120th Ave Unit Furnished 1 bedroom basement apt., Ottumwa, IA 52501
  • /8

    $575

    Total Monthly Price

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

    312 N Marion St Unit 3, Ottumwa, IA 52501

    312 N Marion St Unit 3, Ottumwa, IA 52501
  • /8

    $575

    Total Monthly Price

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

    312 N Marion St Unit 3, Ottumwa, IA 52501

    312 N Marion St Unit 3, Ottumwa, IA 52501
  • /14

    $1,050

    Total Monthly Price

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

    211 E 2nd St Unit 204, Ottumwa, IA 52501

    Downtown Lofts for Rent- THIS UNIT HAS ON SITE PARKING AND CAN BE ACCESSED WITHOUT STEPS. Newer upper story two bedroom/one bath loft located in The Upstairs Downtown District in Ottumwa, Iowa! Gorgeous unit with newer appliances, beautiful craftsmanship, tall ceilings and walk in closet. Join the downtown! $1,050/month plus deposit on one year lease. There is a $50 discount for ACH

    211 E 2nd St Unit 204, Ottumwa, IA 52501

Frequently Asked Questions

How much does it cost to rent a condo in Ottumwa, IA?
The median rent for a condo in Ottumwa, IA is $600 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Ottumwa, IA?
To comfortably afford the median rent in Ottumwa, IA, a household needs to earn roughly $38,000 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 $950 per month in Ottumwa, IA, renters typically need to show $2,850 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 Ottumwa, IA?
In Ottumwa, IA, the price-to-rent ratio is 11.8, 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 Condos for Rent
4
Median Condo Rent
$600
Median 1 Bedroom Condo Rent
$600
How to Rent a Home