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Rent in Storm Lake, IA

A 2-bedroom in Storm Lake, IA (ZIP 50588) typically rents for about $944 a month, with a range of $944–$1,031. Owner-occupied homes in Buena Vista County pay about 1.21% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Storm Lake, IA by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$477$477–$7811
1 bed$824$788–$8241
2 beds$944$944–$1,0311
3 beds$1,078$1,078–$1,2841
4 beds$1,355$1,3551

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Storm Lake ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Storm Lake, IA?
About $944 a month: the median of the typical rents in 1 ZIP code, which range from $944–$1,031. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Storm Lake, IA?
About $824 a month: the median of the typical rents in 1 ZIP code, which range from $788–$824. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Storm Lake, IA?
About $1,078 a month: the median of the typical rents in 1 ZIP code, which range from $1,078–$1,284. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Storm Lake, IA?
About $477 a month: the median of the typical rents in 1 ZIP code, which range from $477–$781. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Storm Lake, IA?
About $1,355 a month: the median of the typical rents in 1 ZIP code, which range from $1,355. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Storm Lake, IA?
Owner-occupied homes in Buena Vista County pay a typical 1.21% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Storm Lake rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).