
Cheap Apartments for Rent near Alexander, IA from $400 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Alexander.


Key Apartments

18 S Adams Ave

Key West Apartments

Phillips Luxury Apartments

Furman 24th Street Apartments

Woodland Park - Eldora

Grandview Square Apartments

Pheasant Hollow Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Meadow Lake of Clear Lake Apartments

Pheasant Run Apartments

Bergengreen Apartments

Melrose Park Apartments

Pebble Creek Apartments

City Center Kent Apartments

Somerset Apartments

3500 Grand Ave

UNION HOUSE APARTMENTS
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Prairieview Manor

The River Apartments & Townhomes

District 29 Apartments & Townhomes

1200 Jade Apartments

Federal Ave Rowhomes

Kee Valley Apartments

Shalom Tower II

Burt 18-(Countryside Properties)

Rolfe 20-Unit
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

744 1st St

Heartland Senior Housing

Furman Regency Court

700 Central Ave

210 N Main St

919 N 29th St

334 Center St

335 Elm St

215 N Main St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

729 Westridge Rd

515 Pleasant St

2721 Luther Dr

5504 Kansas Dr

The Manor

Ferndale Furman Apartments

4008 Ontario St

101 N Mill St

Palisades
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Alexander, IA Local Guide

How much does it cost to rent an apartment in Alexander?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alexander Studio Apartments | $823 | $500 | $1,145 |
| Alexander 1 Bedroom Apartments | $958 | $460 | $1,575 |
| Alexander 2 Bedroom Apartments | $1,173 | $705 | $1,735 |
| Alexander 3 Bedroom Apartments | $1,200 | $850 | $1,860 |
| Alexander 4 Bedroom Apartments | $1,718 | $937 | $2,500 |
Browse Top Apartments in Alexander
See all Apartments in AlexanderExplore Alexander
Alexander, IA Local Guide
- Nearby Cities
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Cheapest Available Alexander Apartments for Rent and Nearby
 The cheapest available apartment rental in Alexander, IA is a 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $425. Hubbard Maple Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $460. Here is today’s list of the most affordable Alexander apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $425 |
| Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $460 |
| Rolfe 20-Unit | 1 Bedroom | 1BR,1BA | $495 |
| Key Apartments | Efficiency | Studio,1BA | $500 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $525 |
| Key West Apartments | Studio | Studio,1BA | $550 |
| Woodland Park - Eldora | Studio | Studio,1BA | $650 |
| Melrose Park Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $785 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $800 |
| Somerset Apartments | Studio Apartment | Studio,1BA | $800 |
Best Value Apartments for Rent in Alexander, IA and Nearby
As of July 23, 2026 the best value apartment in the Alexander area is the $0.61 price per square foot 3 Bed 1 Bath Model at Pheasant Hollow Apartments in the starting from $850. The second greatest value Alexander apartment is the Palace Apartments - Two Bedrooms Model at Palace Apartments starting at $1,520 with a $1.17 price per square foot . Here is today’s list of the best values for Alexander apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pheasant Hollow Apartments | 3 Bed 1 Bath | 3BR,1BA | $0.61 |
| Palace Apartments | Palace Apartments - Two Bedrooms | 2BR,1BA | $1.17 |
| Alpine Manor Apartments | 3 Bedroom, 2 Bath Remodel | 3BR,2BA | $1.17 |
| Rolling Meadows Apartments | 3 bedroom/2bath | 3BR,2BA | $0.96 |
| Aspen Village | 2724 Stange (2 bdrm) | 2BR,2BA | $1.22 |
| Kee Valley Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.14 |
| Woodland Park - Eldora | 1 BR | 1BR,1BA | $1.19 |
| Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $0.75 |
| Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $0.97 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $0.95 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alexander, IA Rentals by Map
See the most popular apartments and homes in Alexander, IA
Frequently Asked Questions about Cheap Alexander Apartments
What is the Cheapest Studio apartment in Alexander?
Currently the most affordable Cheap Studio Apartment in Alexander is at Key Apartments listed at $500.
How much is rent for a Cheap One Bedroom Alexander Apartment?
The lowest price for a Cheap One Bedroom Alexander Apartment is $425 at Burt 18-Unit (Countryside Properties).
What is the lowest price for a Cheap Two Bedroom Alexander Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alexander is starting from $595 at Rolfe 20-Unit.
What is the most affordable Alexander Three Bedroom Apartment?
The best deal on a cheap Alexander Three Bedroom Apartment rental is at Pheasant Hollow Apartments and starts from $850.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.