Ely, IA rental market
What is the average rent in Ely, IA?
Last updated August 28, 2026
Rental market summary
The average rent for all bedrooms and all property types in Ely, IA is $1,450.
Average rent
$1,450
Month-over-month change
-$95
Year-over-year change
+$1,450
Available rentals
2
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,450 to $1,450.
| Rent price | Number of rental properties |
|---|---|
| $1,400+ | 2 |
Average rent price over time
In the last year, rent has increased by $1,450 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $840 | $1,315 |
| Feb | $2,500 | $870 |
| Mar | $1,300 | $880 |
| Apr | $1,300 | $1,545 |
| May | $1,280 | No data |
| Jun | $1,100 | No data |
| Jul | $842 | No data |
| Dec | $1,315 | No data |
Market temperature
The Ely, IA rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Ely, IA is 28% lower than the national average.
$1,450
$2,000
Rent in Ely, IA
We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.
Post a rental listing
Easy-to-use tools let you list your property where millions of renters search each month. Plus, messaging and tenant screening are integrated into our listing platform to help you find and screen applicants faster.
Get startedLearn moreRent trends near Ely, IA
Frequently asked questions
1. What is the average rent in Ely, IA?
2. What is the average rent for a two-bedroom apartment in Ely, IA?
3. How much does it cost to rent a house in Ely, IA?
4. How has the rent in Ely, IA changed in the last year?
5. How much has the rent in Ely, IA increased/decreased in the last month?
6. How many available rentals are there in Ely, IA?
7. How do rent prices in Ely, IA compare with the national average?
Zip codes in Ely, IA
