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Newest Homes for Rent in Waukon, IA

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  • /8

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    104 8th Ave SW, Waukon, IA 52172

    Property Id: 2396143Brand new two bedroom apartments in Waukon. The two bedroom apartments are a spacious 900-936 square feet and feature custom kitchen with island and quartz counter tops. Apartments also include a dishwasher, stainless steel appliances and washer and dryer. Main floor apartments have a step in shower and upper level apartments have a tub/shower in the

    (563) 794-7867

    104 8th Ave SW, Waukon, IA 52172
  • /6

    $1,075 Per Month

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

    102 8th Ave SW, Waukon, IA 52172

    Property Id: 2386074Brand new 714 square foot one bedroom apartment located in Waukon! This apartment features custom cabinets, quartz tops and LVP flooring. There is an in unit washer and dryer and stainless steel appliances including a dishwasher. Great location in Waukon and just a short commute to Decorah, Prairie and Lacrosse! Rent is $1075. Video walkthrough

    (563) 794-7343

    102 8th Ave SW, Waukon, IA 52172

Frequently Asked Questions

How much does it cost to rent a home in Waukon, IA?
The median rent for a home in Waukon, IA is $1,137 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Waukon, IA?
To comfortably afford the median rent in Waukon, IA, a household needs to earn roughly $45,480 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 $1,137 per month in Waukon, IA, renters typically need to show $3,411 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 Waukon, IA?
In Waukon, IA, the price-to-rent ratio is 14.3, 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 in Waukon, IA

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,137
Median Condo Rent
$1,138
How to Rent a Home