Apartments for Rent in Indianola, IA

Prices and availability in Indianola, IA were last updated on 14 Jul 2026.

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

The average rent in Indianola, IA is $877.

The price range for a studio apartment in Indianola, IA is between $708 and $1,097.

The price range for a 1-bedroom apartment in Indianola, IA is between $708 and $947.

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.

Rental apartments in Indianola come in a range of sizes and floorplans. Studio apartments represent 0.5% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 33% of the total apartments in the city, while 2-bedroom floorplans represent around 64% of all rentals in Indianola. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.