3

Red Oak, IA Condos for Rent

Section Image
  • 1007 E Corning St Unit 1, Red Oak, IA 51566
    1007 E Corning St Unit 1, Red Oak, IA 51566
    1007 E Corning St Unit 1, Red Oak, IA 51566
    /7

    $650 Per Month

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

    1007 E Corning St Unit 1, Red Oak, IA 51566

    A Quiet Place to Come Home ToSome apartments just check boxes. This one feels like somewhere you actually want to be.The hardwood floors set the tone the moment you step inside. Warm, solid, and full of the kind of character that newer builds just don't have. This is a first floor one bedroom that is easy to live in and easy to love, with a layout that makes sense and a space that

    1007 E Corning St Unit 1, Red Oak, IA 51566
  • 504 E Coolbaugh St Unit 1, Red Oak, IA 51566
    504 E Coolbaugh St Unit 1, Red Oak, IA 51566
    504 E Coolbaugh St Unit 1, Red Oak, IA 51566
    /6

    $550 Per Month

    • 1 Bed
    • 1 Bath
    • 504 E Coolbaugh-1

    504 E Coolbaugh St Unit 1, Red Oak, IA 51566

    1+ bdrm, deposit required

    504 E Coolbaugh St Unit 1, Red Oak, IA 51566
  • 200 E Joy St Unit 3, Red Oak, IA 51566
    200 E Joy St Unit 3, Red Oak, IA 51566
    200 E Joy St Unit 3, Red Oak, IA 51566
    /6

    $550 Per Month

    • 1 Bed
    • 1 Bath
    • 656 Sq Ft
    • 200 E Joy-3

    200 E Joy St Unit 3, Red Oak, IA 51566

    This charming 1-bed apartment blends comfort, character, and affordability in one clean package. The hardwood floors give the space a warm, classic feel, and the oversized walk-in closet offers the kind of storage you don't normally find at this price point. The kitchen comes equipped with a refrigerator and stove/oven, making it easy to move right in and get settled. The layout is practical and

    200 E Joy St Unit 3, Red Oak, IA 51566
Iowa Montgomery County Red Oak

Condos for Rent in Red Oak, IA

Frequently Asked Questions

How much does it cost to rent a condo in Red Oak, IA?
The median rent for a condo in Red Oak, IA is $550 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 Red Oak, IA?
To comfortably afford the median rent in Red Oak, IA, a household needs to earn roughly $22,000 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 $550 per month in Red Oak, IA, renters typically need to show $1,650 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 Red Oak, IA?
In Red Oak, IA, the price-to-rent ratio is 21.2, 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.

Condo Rental Trends in Red Oak, IA

There are currently 3 condos available for rent in Red Oak, IA. The median rent is $550 per month, with 1-bedroom condos renting at $550.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$550
Median 1 Bedroom Condo Rent
$550
How to Rent a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group