Rentometer, Inc. | Data as of 10/23/2025
Clay County, Iowa, offers a vibrant rental market that balances small‑town charm with modern conveniences. Prospective renters appreciate the mix of historic neighborhoods and new developments that provide a variety of housing options, from cozy single‑family homes to contemporary apartment communities. The county’s central location makes it an ideal base for exploring nearby attractions such as the historic downtown town of Spencer, the scenic waterfront of Lake Clive, and the expansive Clay County Fairgrounds, which host year‑round events that draw visitors from across the region.
Apartment living is a popular choice in Clay County, with a range of unit sizes that suit different lifestyles. One‑bedroom apartments typically rent in the low $900s, while two‑bedroom units command rents in the $1100s, and spacious three‑bedroom apartments often reach the $1500s. Median rents align closely with these figures, reflecting a stable and affordable market for both young professionals and families seeking comfortable, well‑maintained living spaces. Many complexes feature on‑site amenities such as fitness centers, pet‑friendly policies, and easy access to public transportation, enhancing the overall quality of life for renters.
The area’s strong sense of community is evident in its well‑preserved neighborhoods, tree‑lined streets, and active local organizations. Residents enjoy convenient access to shopping districts, dining options ranging from farm‑to‑table eateries to classic diners, and recreational opportunities like hiking trails at the Boyer River State Park. Whether you’re looking for a quiet retreat or a lively environment, Clay County’s rental market provides a welcoming setting that supports a balanced, affordable lifestyle in the heart of Iowa.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $918 | $870 | $725 - $1,160 | $725 - $1,160 |
| Apartment | 2 Bedroom | $1,122 | $1,040 | $875 - $1,535 | $906 - $1,535 |
| Apartment | 3 Bedroom | $1,531 | $1,580 | $1,390 - $1,625 | $1,390 - $1,625 |
In the current period, the average rent in Clay was
$918 for 1 Bedroom,
$14,898 for 2 Bedroom, and
$1,532 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.