Iowa is known as the "Hawkeye State" and America's heartland. This beautiful state is famous for its rolling hills, fertile farmland, and vibrant cities. Immerse yourself in Iowa's rich history by visiting the Herbert Hoover Presidential Library and Museum, Amana Colonies, or developing your skills at the University of Iowa and Iowa State University. Iowa also has a vibrant cultural scene, with dozens of professional theaters, art galleries, and museums spread throughout the state.

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Discover why Iowa is a place that is sure to steal your heart and capture your imagination. Experience the best of what the Midwest offers, and you'll see why it's such a great place to live.

Rental Market Trends

Spirit Lake, IA

As of July 2025, Spirit Lake's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Spirit Lake's average rent is 9.5% ($102) higher than the Iowa average of $1,077 and 33.6% ($596) lower than the U.S. average of $1,775.

Average Rent

$1,179

Monthly ChangeMonth Over Month Change

7.3% ($93)

Yearly ChangeYear Over Year Change

9.4% ($123)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$962	3% ($28)	8.4% ($88)
2 Beds	$1,323	3.4% ($43)	4.6% ($58)
3 Beds	$1,604	3.1% ($51)	6% ($102)

Nearby Cities	Average Rent	Avg. Rent vs. Spirit LakeAverage Rent vs. Spirit Lake	Avg. Days on MarketAverage Days on Market
Estherville	$990	16% ($189)	35 days
Spencer	$1,201	1.9% ($22)	38 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Spirit Lake Rental Market FAQs

Explore rental prices, market trends, and availability in Spirit Lake, IA.

What is the average rent in Spirit Lake, IA?

The average rent in Spirit Lake, IA is $1,179 per month.

What is the rental price range for homes in Spirit Lake, IA?

Homes in Spirit Lake typically rent for between $673 and $2,085 per month, with an average of $1,179 per month.

What is the average rent for different bedroom sizes in Spirit Lake, IA?

In Spirit Lake, the average rent for a 1-bedroom home is $962 per month, for a 2-bedroom home, $1,323 per month, and a 3-bedroom home is $1,604 per month.

How do rent prices in Spirit Lake, IA compare with the national average?

The average rent in Spirit Lake is 33.6% ($596) lower than the national average of $1,775 per month.

How have rent prices in Spirit Lake, IA changed recently?

The average rent in Spirit Lake has decreased by 7.3% ($93) in the last month and decreased by 9.4% ($123) over the past year.

How competitive is the rental market in Spirit Lake, IA?

The rental market in Spirit Lake, IA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Spirit Lake, IA?

In Spirit Lake, IA, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Spirit Lake, IA?

There is currently 1 rental property available in Spirit Lake, IA.

Can I afford to rent a home in Spirit Lake, IA?

Based on the current averages, a household would need an annual income of $52,920 to comfortably afford a 2-bedroom home in Spirit Lake.