
Cheap Apartments for Rent in Algona, IA from $400 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Algona.


Hubbard Maple Street Apartments

Key Apartments

18 S Adams Ave

Key West Apartments

Phillips Luxury Apartments

501 W 1st St S

A-Lea Apartments

CityView Apartments

101 Park St N, Unit upper
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.

Eytcheson Estates Welcome

Eytcheson Estates Sherburn

Park View Apartments

Woodland Park - Manson

Meadow Lake of Clear Lake Apartments

Pheasant Run Apartments

Tallgrass Village

Windcrest Village I & II

Skye Lofts Apartments

Pebble Creek 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.

City Center Kent Apartments

Deer Creek Apartments

Prairieview Manor

404 W 1st St

The River Apartments & Townhomes

District 29 Apartments & Townhomes

The Shores

1200 Jade Apartments

Ashley Estates

Federal Ave Rowhomes
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.

Kee Valley Apartments

Bricelyn Plaza

Shalom Tower II

Burt 18-(Countryside Properties)

Dodecagon Plaza

Rolfe 20-Unit

744 1st St

Heartland Senior Housing

700 Central Ave

Pheasant Run Apartments
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.

919 N 29th St

335 Elm St

334 Center St

Fonda Apartments

515 Pleasant St

729 Westridge Rd

Seneca Place Apartments

The Manor

835 Pleasant St

Blue Ridge Apartments & Townhomes
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.
Algona, IA Local Guide

How much does it cost to rent an apartment in Algona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Algona Studio Apartments | $848 | $500 | $1,145 |
| Algona 1 Bedroom Apartments | $958 | $460 | $1,575 |
| Algona 2 Bedroom Apartments | $1,207 | $695 | $1,750 |
| Algona 3 Bedroom Apartments | $1,596 | $920 | $1,860 |
| Algona 4 Bedroom Apartments | $1,689 | $937 | $2,500 |
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Algona, IA Local Guide
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Cheapest Available Algona Apartments for Rent and Nearby
 The cheapest available apartment rental in Algona, 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 Algona 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 |
| 501 W 1st St S | 2 BED/1 BATH | 2BR,1BA | $600 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $701 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $701 |
| Woodland Park - Manson | 1 BR | 1BR,1BA | $725 |
Best Value Apartments for Rent in Algona, IA and Nearby
As of July 23, 2026 the best value apartment in the Algona area is the $1.09 price per square foot 2 Bedroom Loft Model at Skye Lofts Apartments in the starting from $1,490. The second greatest value Algona apartment is the 1 Bed, 1 bath Model at Trimont Square Apartments starting at $935 with a $1.04 price per square foot . Here is today’s list of the best values for Algona apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Skye Lofts Apartments | 2 Bedroom Loft | 2BR,1.5BA | $1.09 |
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| Kee Valley Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.14 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.10 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
| 501 W 1st St S | 1 BED/1 BATH | 1BR,1BA | $0.84 |
| 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.
Best Local Schools in Algona, IA
Lucia Wallace Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Algona, IA Rentals by Map
See the most popular apartments and homes in Algona, IA
Frequently Asked Questions about Cheap Algona Apartments
What is the Cheapest Studio apartment in Algona?
Currently the most affordable Cheap Studio Apartment in Algona is at Key Apartments listed at $500.
How much is rent for a Cheap One Bedroom Algona Apartment?
The lowest price for a Cheap One Bedroom Algona Apartment is $425 at Burt 18-Unit (Countryside Properties).
What is the lowest price for a Cheap Two Bedroom Algona Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Algona is starting from $595 at Rolfe 20-Unit.
What is the most affordable Algona Three Bedroom Apartment?
The best deal on a cheap Algona Three Bedroom Apartment rental is at Ashley Estates and starts from $1,230.
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.