Rentometer, Inc. | Data as of 10/23/2025
Grinnell’s rental market offers a vibrant mix of modern apartments and charming historic homes, making it an appealing destination for students, professionals, and families alike. The city’s compact downtown core, anchored by the renowned Grinnell College campus, features walkable streets lined with boutique shops, cafés, and cultural venues such as the Grinnell Arts Center. Nearby neighborhoods like the Elm Street District and the College Hill area provide easy access to parks, libraries, and community events, while the scenic Walnut Creek Trail offers outdoor enthusiasts a pleasant setting for jogging and biking. This blend of educational, recreational, and commercial amenities creates a dynamic environment that supports a steady demand for quality rental housing.
Apartment rentals dominate the local market, with a range of options that cater to varying space needs and budgets. One‑bedroom units typically rent in the $800s, while two‑bedroom apartments often fall within the $900 range, and larger three‑bedroom layouts approach the $1000 mark. Prospective renters benefit from a variety of apartment communities, many of which feature updated kitchens, on‑site fitness centers, and pet‑friendly policies. Proximity to the college, downtown entertainment, and major employers such as the Grinnell Regional Medical Center further enhances the appeal of renting in this friendly Midwestern city. Whether you’re seeking a quiet neighborhood close to nature or a lively urban setting with easy access to cultural attractions, Grinnell’s rental landscape provides flexible and affordable choices for a diverse range of lifestyles.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $782 | $800 | $395 - $995 | $750 - $900 |
| Apartment | 2 Bedroom | $901 | $925 | $470 - $1,250 | $859 - $950 |
| Apartment | 3 Bedroom | $959 | $995 | $536 - $1,010 | $950 - $1,010 |
In the current period, the average rent in Grinnell was $783 for 1 Bedroom, $901 for 2 Bedroom, and $959 for 3 Bedroom.
Data provided by Rentometer, Inc.