Homes for Rent in Storm Lake, IA

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What to Know About

Life in Storm Lake & Beyond

Storm Lake shares many of the great qualities that make Iowa a desirable place to live.

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.

Iowa is a haven for outdoor enthusiasts, offering a variety of activities such as hiking the scenic Loess Hills, camping and fishing in its state parks and lakes, and winter sports like skiing and snowboarding. Explore famous attractions like the State Capitol Building, the Des Moines Art Center, and the historic town of Cedar Rapids. With its friendly communities, affordable living, and thriving economy, Iowa offers a high quality of life and a strong sense of community, making it an ideal place for those looking for a fulfilling lifestyle.

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

Storm Lake, IA

As of July 2025, Storm Lake's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Storm Lake's average rent is 12.5% ($135) lower than the Iowa average of $1,077 and 46.9% ($833) lower than the U.S. average of $1,775.

Average Rent
$942
Monthly ChangeMonth Over Month Change
Increased1% ($9)
Yearly ChangeYear Over Year Change
Increased10.3% ($88)
Avg. Days on MarketAverage Days on Market
33
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $728 Increased0.3% ($2) Decreased2.7% ($20)
2 Beds $919 Increased1.5% ($14) Increased4.2% ($37)
3 Beds $1,230 Increased0.5% ($6) Increased26.3% ($256)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Storm Lake Rental Market FAQs

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

The average rent in Storm Lake, IA is $942 per month.
Homes in Storm Lake typically rent for between $600 and $1,599 per month, with an average of $942 per month.
In Storm Lake, the average rent for a 1-bedroom home is $728 per month, for a 2-bedroom home, $919 per month, and a 3-bedroom home is $1,230 per month.
The average rent in Storm Lake is 46.9% ($833) lower than the national average of $1,775 per month.
The average rent in Storm Lake has increased by 1.0% ($9) in the last month and increased by 10.3% ($88) over the past year.
The rental market in Storm Lake, IA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Storm Lake, IA, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 13 rental properties available in Storm Lake, IA.
Based on the current averages, a household would need an annual income of $36,760 to comfortably afford a 2-bedroom home in Storm Lake.
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