
Cheap Apartments for Rent in Allerton, IA from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Allerton.


Summit House Apartments

Foxwood Apartments

Valley Acres Apartments

The Hampton Meadows

East Park Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Ridges
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Sunset Apartments

Next Level Apartments - Deer Run

Burbank Village Apartments

Orchard Lane Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Northern Plains by Kading

Linden East Apartments

304 S 2nd St

124 S 2nd St

121 S Ash St
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.

601 W Smith St
Allerton, IA Local Guide

How much does it cost to rent an apartment in Allerton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Allerton Studio Apartments | $823 | $575 | $980 |
Allerton 1 Bedroom Apartments | $895 | $545 | $1,380 |
Allerton 2 Bedroom Apartments | $983 | $641 | $1,965 |
Allerton 3 Bedroom Apartments | $1,241 | $950 | $1,874 |
Allerton 4 Bedroom Apartments | $1,129 | $1,058 | $1,200 |
Browse Top Apartments in Allerton
See all Apartments in AllertonExplore Allerton
Allerton, IA Local Guide
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Cheapest Available Allerton Apartments for Rent and Nearby
 The cheapest available apartment rental in Allerton, IA is a 2 Beds unit found at Foxwood Apartments in the Easton Park neighborhood priced from $641. Valley Acres Apartments in the Southwest Des Moines neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Allerton apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Foxwood Apartments | B2 | 2BR,1BA | $641 |
Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $725 |
The Hampton Meadows | B1 - Deluxe | 2BR,1BA | $750 |
East Park Apartments | 1/2 Story Down | 2BR,1BA | $750 |
Indianola Park Apartments | 1BR Upper | 1BR,1BA | $755 |
Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $755 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $760 |
The Ridges | B1 - Deluxe | 2BR,1BA | $770 |
Somerset | B1 | 2BR,1BA | $778 |
Scotchview Manor Apartments | 1 BR - 30% Gross Income | 1BR,1BA | $794 |
Best Value Apartments for Rent in Allerton, IA and Nearby
As of June 17, 2025 the best value apartment in the Allerton area is the $1.00 price per square foot Cottage-3 Model at Vesta Village by Kading in the starting from $1,235. The second greatest value Allerton apartment is the 3 Bedroom Model at The Meadows starting at $950 with a $0.91 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Allerton apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Vesta Village by Kading | Cottage-3 | 3BR,2BA | $1.00 |
The Meadows | 3 Bedroom | 3BR,2BA | $0.91 |
Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
Orchard Lane Apartments | B1 Renovated | 2BR,1BA | $1.08 |
Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $1.07 |
Foxwood Apartments | B1 | 2BR,1BA | $0.87 |
Somerset | B2 | 2BR,1BA | $1.05 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $1.04 |
Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $1.09 |
Quick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Allerton, IA Rentals by Map
See the most popular apartments and homes in Allerton, IA
Getting Around Allerton, IA
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Allerton Apartments
How much is rent for a Cheap One Bedroom Allerton Apartment?
The lowest price for a Cheap One Bedroom Allerton Apartment is $725 at Valley Acres Apartments.
What is the lowest price for a Cheap Two Bedroom Allerton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Allerton is starting from $641 at Foxwood Apartments.
What is the most affordable Allerton Three Bedroom Apartment?
The best deal on a cheap Allerton Three Bedroom Apartment rental is at The Meadows and starts from $950.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.