Cheap Homes for Rent in Algona, IA from $500 (7 Rentals)

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Cheap Homes in Algona.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Algona, IA Local Guide

Cheapest Available Algona Apartments for Rent and Nearby

 

The cheapest available apartment rental in Algona, IA is a Studio unit found at Shalom Tower II priced from $405. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Algona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shalom Tower IITower I EfficiencyStudio,1BA$405
Key ApartmentsEfficiencyStudio,1BA$450
Burt 18-Unit (Countryside Properties)1 Bedroom1BR,1BA$450

Best Value Apartments for Rent in Algona, IA and Nearby

As of May 01, 2025 the best value apartment in the Algona area is the $0.53 price per square foot 3 Bed 2 Bath Model at Pheasant Run Apartments in the starting from $760. The second greatest value Algona apartment is the 2 Bed/2bath Model at The Allure at Rivers Edge starting at $895 with a $1.05 price per square foot . Here is today’s list of the best values for Algona apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pheasant Run Apartments3 Bed 2 Bath3BR,2BA$0.53
The Allure at Rivers Edge2 Bed/2bath2BR,2BA$1.05
Meadow Lake of Clear Lake Apartments2 Bedroom 1.5 Bathroom2BR,1.5BA$1.03
City Center Kent Apartments1 Bedroom1BR,1BA$0.74
Shalom Tower IITower II - One Bedroom1BR,1BA$0.70
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Pebble Creek Apartments1 Bedroom 1 Bathroom1BR,1BA$0.88
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$1.15
Rolfe 20-Unit2 Bedroom2BR,1BA$0.82
18 S Adams AveOne Bedroom1BR,1BA$0.95

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Frequently Asked Questions about Algona

What type of rentals are currently available in Algona?

There are currently 53 Apartments for Rent in Algona, IA with pricing that ranges from $405 to $2,325. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algona ranging from $580 to $2,700.

What is the current price range for Rental Homes in Algona?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Algona ranges from $580 to $2,700 with an average monthly rent of $1,155.

How much are larger Three and Four Bedroom Rentals in Algona?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Algona range from $925 to $1,860, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $937.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.