Rentometer, Inc. | Data as of 11/14/2025
Storm Lake, nestled in the heart of Iowa, offers a welcoming blend of small‑city charm and convenient amenities that appeals to families, professionals, and students alike. The rental landscape is defined primarily by well‑maintained apartment communities, many of which are situated near the vibrant downtown district, the beautiful Lake Granby, and the bustling Iowa State University‑Storm Lake campus. Residents enjoy easy access to outdoor recreation, local dining, and cultural events such as the annual Storm Lake County Fair, making the city an attractive place to call home.
Apartment living dominates the market, with a variety of floor plans that cater to diverse needs. For larger households, three‑bedroom units are especially popular; the average rent for these spacious apartments hovers around $1065, with the median settling near $1050. Many of these rentals feature modern amenities, including in‑unit laundry, updated kitchens, and pet‑friendly policies, while being located within walking distance of schools, shopping centers, and transit routes that connect residents to the broader region.
While single‑family home rentals are less prevalent in the current data, the city’s suburban neighborhoods—such as Northside and West Ridge—still provide attractive options for those seeking detached living spaces. Whether you’re drawn by the scenic waterfront parks, the historic downtown storefronts, or the close‑knit community vibe, Storm Lake’s rental market presents a balanced mix of affordability, convenience, and quality of life that makes it a standout choice in Iowa’s housing landscape.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 3 Bedroom | $1,065 | $1,050 | $995 - $1,335 | $1,050 - $1,050 |
In the current period, the average rent in Storm Lake was $1,065 for 3 Bedroom.
Data provided by Rentometer, Inc.