15

Red Oak, IA Homes for Rent

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  • /11

    Starting at $800 Per Month

    • 2 Beds

    1660 E Summit St, Red Oak, IA 51566

    We have great 2 bedroom Apartments available with very reasonable rates! 2 bedrooms 1 baths starting at $850.00. Very cozy apartments with Gas station near by for convenience. -In Building Laundry Facility, Air Carpeting, pets are allow with a pet deposit and a monthly pet fee. It’s a must see! Call today at 402-905-7449 All Residents Subject to credit and background check. ***Application fee is

    Luma Terrace Apartment

    1660 E Summit St, Red Oak, IA 51566
  • /6

    $575 Per Month

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

    711 N 5th St Unit 1 North, Red Oak, IA 51566

    Cute ground floor duplex. New vinyl in bath. Hardwood floors 1 bdrm ground floor duplex. Deposit required

    711 N 5th St Unit 1 North, Red Oak, IA 51566
  • /14

    $850 Per Month

    • 4 Beds
    • 2 Baths
    • 960 Sq Ft
    • 702 N 6th-1

    702 N 6th St, Red Oak, IA 51566

    Spacious 4BDR Townhouse With Room for Everyone - Enclosed Sun RoomThis 4BDR townhouse gives you the space you have been looking for. With a full bathroom plus a three quarter bathroom, mornings are easier and everyone gets the room they need. The layout is practical and comfortable, with a large living area and bedrooms that actually feel like bedrooms, not closets.One of the

    702 N 6th St, Red Oak, IA 51566
  • /7

    $650 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    206 E Hammond St Unit 1, Red Oak, IA 51566

    2 bdrm ground floor, laundry in unit

    206 E Hammond 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
  • /10

    $675 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    400 E Coolbaugh St Unit 205, Red Oak, IA 51566

    Welcome to this 1 Bedroom - 1-Bathroom Apartment is a perfect blend of comfort and convenience. The apartment comes with all necessary appliances, saving you the hassle of purchasing and moving heavy equipment. Stay cool during the hot summer months with the included window unit A/C. One of the standout features of this apartment is the big, beautiful windows that allow for an abundance of

    400 E Coolbaugh St Unit 205, Red Oak, IA 51566
  • /7

    $550 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    206 E Hammond St Unit 4, Red Oak, IA 51566

    1 bdrm 1 bath apt Central Air Deposit required

    206 E Hammond St Unit 4, Red Oak, IA 51566
  • /13

    $900 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    306 E Nuckols St Unit 1, Red Oak, IA 51566

    3 bdrm, 1 bath ground floor duplex, shared fenced in yard, laundry in unit, off street parking Deposit required 3 bdrm, 1 bath ground floor duplex Large shared fenced in yard. Deposit required. Off street parking

    306 E Nuckols St Unit 1, 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
  • /6

    $575 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    200 E Joy St Unit 4, Red Oak, IA 51566

    1 bdrm ground floor apt. Large shared screened in porch. Onsite laundry The property at 200 E Joy sits on a corner lot in a very quiet, low-traffic neighborhood—ideal for anyone who values peace and privacy. The building is well-kept and offers a small-community feel, with easy parking and clean, maintained common areas. On-site laundry adds convenience, and the location puts you close to

    200 E Joy St Unit 4, Red Oak, IA 51566

Why Live in Red Oak

Red Oak was first established as a railroad hub in southwest Iowa, about 50 miles from Council Bluffs and Omaha, Nebraska. Today, agriculture and neighborly vibes nourish the roots of the small city, which is home to about 5,500 residents. ...

Frequently Asked Questions

How much does it cost to rent a home in Red Oak, IA?
The median rent for a home in Red Oak, IA is $650 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses are currently more expensive.
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 $26,000 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 $650 per month in Red Oak, IA, renters typically need to show $1,950 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 17.9, 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 Homes for Rent
10
Median Rent
$650
Median Townhouse Rent
$850
Median Condo Rent
$613
How to Rent a Home