Apartments for Rent in Indianola, IA

Prices and availability in Indianola, IA were last updated on 24 Aug 2026.

The best apartments in Indianola, IA are: Foxwood Apartments, 101 S 15th St, Indianola, IA, 1203 West 2nd Avenue and Williams Terrace.

The average rent in Indianola, IA is $877.

The price range for a studio apartment in Indianola, IA is between $701 and $1,110.

The price range for a 1-bedroom apartment in Indianola, IA is between $701 and $1,730.

The price range for a 2-bedroom apartment in Indianola, IA is between $790 and $1,500.

In Indianola 30% of the housing is rented out compared to 70% of homes are owned, according to the most recent Census Bureau estimates. 10% of Indianola's apartments are found in large buildings of 50 units or more, 73% are located in smaller apartment complexes with less than 50 units, and 16% are single-family rentals.

The average age of rental buildings in Indianola is 41 years old, with 8% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Indianola are around 0.5% of rentals, while 1-bedroom floor plans represent 33% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 64% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.