Rentometer, Inc. | Data as of 10/23/2025
Indianola, a vibrant Midwestern city in central Iowa, blends historic charm with a lively college-town atmosphere. Home to Simpson College and a bustling downtown district, the city offers cultural attractions such as the historic Indiana Theatre, the Indianola Farmers Market, and easy access to the scenic Des Moines River. Its tree‑lined streets, community festivals, and friendly neighborhoods make Indianola an attractive place for both students and families seeking a balanced lifestyle.
The rental market in Indianola provides a diverse mix of housing options, from contemporary apartments to a limited selection of single‑family homes. One‑bedroom apartments typically fall in the $800s, with median rents near $790, while two‑bedroom units are positioned in the $1100 range, reflecting a stable median around $1120. Larger three‑bedroom apartments also sit within the $1100 range, offering ample space for growing households. This affordability, combined with quality property standards, positions Indianola as a cost‑effective alternative to larger metropolitan areas.
Neighborhoods such as the historic East Side and the newer West Campus area cater to a variety of lifestyle preferences, offering easy access to local schools, parks, and dining options. Proximity to major highways and public transit connects residents to the broader Des Moines metropolitan region, making commuting straightforward. Whether you’re seeking a quiet apartment near campus or a convenient rental close to downtown amenities, Indianola’s rental market delivers a welcoming environment for renters of all ages.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $892 | $775 | $755 - $1,265 | $760 - $1,265 |
| Apartment | 2 Bedroom | $1,127 | $1,108 | $850 - $1,520 | $900 - $1,250 |
| Apartment | 3 Bedroom | $1,166 | $1,110 | $995 - $1,900 | $1,110 - $1,150 |
In the current period, the average rent in Indianola was $893 for 1 Bedroom, $1,127 for 2 Bedroom, and $1,199 for 3 Bedroom.
Data provided by Rentometer, Inc.