Panora, IA Condos for Rent

/7
$950 Per Month
- 2 Beds
- 1 Bath
- 750 Sq Ft
- Condo for Rent
209 E Jackson St, Panora, IA 50216

Property Id: 2380813 If you’re looking for small town living in an updated unit with all the amenities this is it. Located in Panora with ground level access from the front and rear, off street parking, freshly renovated with new exterior painting and vinyl windows. Interior has been repainted, new LVP flooring, updated electrical and appliances, in unit washer and dryer, and full dry

209 E Jackson St, Panora, IA 50216
Explore Panora
/10
$875 Per Month
- 2 Beds
- 1 Bath
- 650 Sq Ft
- Condo for Rent
502 W Market St Unit 102, Panora, IA 50216

Property Id: 1651969 Under new local management! Market Street Apartments has been newly renovated. The units boast modern updates including LVP flooring, new cabinets, countertops, fresh paint, new trim, new doors, and more. Newer card operated washers and dryers provide on site convenience. Outdoor benches and picnic tables are provided for your enjoyment. Located just 2 blocks from

502 W Market St Unit 102, Panora, IA 50216
/23
$1,150 Per Month
- 2 Beds
- 1 Bath
- 800 Sq Ft
- Condo for Rent
113 E Main St Unit 1, Panora, IA 50216

2 bed 1 bath fully remodeled 900 sqft apartment with quartz counter tops, full set of kitchen appliances including washer and dryer. Hard surface flooring through out property. Tons of natural light with the numerous large windows. New heating and cooling system with exposed ductwork to give great loft feel.

113 E Main St Unit 1, Panora, IA 50216

Iowa Guthrie County

Frequently Asked Questions

How much does it cost to rent a condo in Panora, IA?

The median rent for a condo in Panora, IA is $875 per month, though prices vary by neighborhood, size, and property type. As of August 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 Panora, IA?

To comfortably afford the median rent in Panora, IA, a household needs to earn roughly $40,480 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 $1,012 per month in Panora, IA, renters typically need to show $3,036 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 Panora, IA?

In Panora, IA, the price-to-rent ratio is 41.0, 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.

Condo Rental Trends in Panora, IA

There are currently 3 condos available for rent in Panora, IA. The median rent is $875 per month, with 2-bedroom condos at $875.

Rental Home Trends

Number of Condos for Rent 3	Median Condo Rent $875
Median 2 Bedroom Condo Rent $875

How to Rent a Home

Condos for Rent by Bedrooms in Panora

2 Bedroom Condos for Rent in Panora

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