22

Newest Homes for Rent in Sheldon, IA

Section Image
  • /35

    Starting at $1,020 Per Month

    • 1 - 3 Beds

    491 Prairie Trail Rd, Sheldon, IA 51201

    Welcome to Prairie Trail Village in Sheldon, Iowa.Discover comfortable living in a welcoming community. Prairie Trail Village offers thoughtfully designed one- and two-bedroom apartments, along with three- and four-bedroom townhomes, providing flexible layouts for a variety of lifestyles.Each home features in-unit washers and dryers, spacious bedrooms with large closets and

    Prairie Trail Village

    491 Prairie Trail Rd, Sheldon, IA 51201
  • /45

    $1,275 - $1,290

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 855 Sq Ft
    • Condo for Rent

    324 9th St, Sheldon, IA 51201

    Located in the heart of downtown Sheldon, these fully renovated apartments are in the historic HC Lane Block. All units feature 2 beds, 2 baths. All units include washer and dryer in-unit, all appliances (including microwave), quartz countertops and hardwood flooring. Storage units are included with each apartment. Garbage is included in rent. Pets are welcome with a non-refundable pet

    324 9th St, Sheldon, IA 51201
  • /45

    $1,275 - $1,290

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 855 Sq Ft
    • Condo for Rent

    324 9th St, Sheldon, IA 51201

    Located in the heart of downtown Sheldon, these fully renovated apartments are in the historic HC Lane Block. All units feature 2 beds, 2 baths. All units include washer and dryer in-unit, all appliances (including microwave), quartz countertops and hardwood flooring. Storage units are included with each apartment. Garbage is included in rent. Pets are welcome with a non-refundable pet

    324 9th St, Sheldon, IA 51201
  • /45

    $1,275 - $1,290

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 855 Sq Ft
    • Condo for Rent

    324 9th St, Sheldon, IA 51201

    Located in the heart of downtown Sheldon, these fully renovated apartments are in the historic HC Lane Block. All units feature 2 beds, 2 baths. All units include washer and dryer in-unit, all appliances (including microwave), quartz countertops and hardwood flooring. Storage units are included with each apartment. Garbage is included in rent. Pets are welcome with a non-refundable pet

    324 9th St, Sheldon, IA 51201
  • /45

    $1,275 - $1,290

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 855 Sq Ft
    • Condo for Rent

    324 9th St, Sheldon, IA 51201

    Located in the heart of downtown Sheldon, these fully renovated apartments are in the historic HC Lane Block. All units feature 2 beds, 2 baths. All units include washer and dryer in-unit, all appliances (including microwave), quartz countertops and hardwood flooring. Storage units are included with each apartment. Garbage is included in rent. Pets are welcome with a non-refundable pet

    324 9th St, Sheldon, IA 51201
  • /14

    $1,300 Per Month

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • House for Rent

    924 9th St, Sheldon, IA 51201

    Property Id: 1682826Spacis 3 bedroom 2 bathroom home in central Sheldon Iowa features amazing hardwood flooring built ins and large kitchen with islandApply at No pets no smoking

    924 9th St, Sheldon, IA 51201

Frequently Asked Questions

How much does it cost to rent a home in Sheldon, IA?
The median rent for a home in Sheldon, IA is $1,290 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 Sheldon, IA?
To comfortably afford the median rent in Sheldon, IA, a household needs to earn roughly $51,600 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 $1,290 per month in Sheldon, IA, renters typically need to show $3,870 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 Sheldon, IA?
In Sheldon, IA, the price-to-rent ratio is 13.6, 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
6
Median Rent
$1,290
Median Single Family Home Rent
$1,300
Median Condo Rent
$1,283
How to Rent a Home