How many apartments are available in 50662 on Rentable.co?

Rentable.co has 2 apartments available for rent in 50662.

What is the average rent for an apartment in 50662?

The average rent for an apartment in 50662 is around $890 per month.

What is the average rent for a two-bedroom apartment in 50662?

The average rent for a two-bedroom apartment in 50662 is around $775 per month.

Apartments in 50662

Find an Apartment in 50662

Looking for apartments for rent in 50662, Oelwein, IA? You're in luck! Rentable currently lists 2 units available for rent in this area. The average rent in 50662 is $890, and you can find 2-bedroom units starting at $775.

Oelwein offers a variety of community amenities and nearby points of interest. Residents can enjoy the beautiful parks and outdoor spaces such as City Park and Wings Park, perfect for outdoor activities and relaxation. The town also boasts a vibrant downtown area with local shops, restaurants, and cafes, providing plenty of entertainment options.

If you're in the market for an apartment near 50662, Oelwein, IA, be sure to check out Rentable's listings in this area. Discover your ideal rental and make Oelwein your new home!

Oelwein:
August Rent Report

Welcome to the August 2026 Oelwein Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 2026 key findings and figures for the Oelwein rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Oelwein and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Oelwein average rent prices in the chart below.

Monthly Rent Report

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1 BR 2 BR

Oelwein Rent Prices Decrease From July to August

Oelwein rent prices decreased over the last month. From July to August, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Oelwein one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from July to August, Oelwein experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Oelwein two-bedroom apartments currently stands at $.

August Prices: Oelwein vs. Surrounding Areas

Rent Prices in Oelwein and Surrounding Areas

Rent prices have decreased in Oelwein over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Oelwein suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Oelwein suburbs
Rents did not decrease in any of the Oelwein suburbs.

August 2026 Pricing Trends: Oelwein vs. National Comparisons

Oelwein Rent Prices More Affordable Than Major Cities

Rent growth in Oelwein over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Oelwein average rent prices appear to be relatively affordable for local residents.

The price for a Oelwein one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Oelwein and surrounding area rent prices, take a look at the complete data set below.

Data set for Oelwein and suburbs

	1 BR August	1 BR M/M % Change	2 BR August	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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Oelwein Apartments by Zip Code

50662 Apartments