Rentometer, Inc. | Data as of 10/23/2025
Storm Lake, Iowa, offers a blend of small‑town charm and vibrant community life, making it an appealing destination for renters seeking both convenience and a close‑knit atmosphere. The city is anchored by its namesake lake, which provides year‑round recreational opportunities such as boating, fishing, and scenic walking trails. Downtown Storm Lake features a revitalized Main Street with locally owned boutiques, cafés, and cultural venues, while the nearby Iowa Lakes Community College adds a youthful energy and a steady flow of students and professionals to the rental market.
Apartment living dominates the local rental landscape, with a strong selection of modern three‑bedroom units that cater to families and roommates alike. Average rents for these spacious apartments hover in the $1000s, with the median value around $1050, reflecting Storm Lake’s affordable cost of living compared to larger metropolitan areas. Prospective renters can enjoy well‑maintained complexes that often include amenities such as on‑site laundry, fitness centers, and easy access to public transportation routes connecting the university, shopping districts, and medical facilities.
The surrounding neighborhoods each have their own distinctive appeal. The historic West River district showcases tree‑lined streets and early‑20th‑century architecture, while the newer developments near the lakefront provide contemporary designs and quick access to parks and recreational trails. Whether you’re drawn to the cultural events at the Storm Lake Civic Center, the outdoor adventures along the Lake-to-Lake State Trail, or the convenience of nearby grocery and retail options, Storm Lake’s rental market delivers a welcoming environment that balances affordability with a high quality of life.
| 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.