
Cheap Apartments for Rent in Allerton, IA from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Allerton.


Foxwood Apartments

Summit House Apartments

Northern Plains by Kading

Next Level Apartments - Deer Run

Valley Acres Apartments

Sunset Apartments

East Park Apartments
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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 Hampton Meadows

The Ridges

Scotchview Manor Apartments

304 S 2nd St

124 S 2nd St

702 S Roche St
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106 S Washington St

601 W Smith St

612 S Webster St
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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

715 N Johnson Ave
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 | $827 | $575 | $980 |
Allerton 1 Bedroom Apartments | $897 | $545 | $1,314 |
Allerton 2 Bedroom Apartments | $961 | $600 | $1,780 |
Allerton 3 Bedroom Apartments | $1,109 | $825 | $1,870 |
Allerton 4 Bedroom Apartments | $1,058 | $1,058 | $1,058 |
Browse Top Apartments in Allerton
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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 $600. Northern Plains by Kading has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. 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 | $600 |
Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $695 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $701 |
Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $725 |
East Park Apartments | 1/2 Story Down | 2BR,1BA | $750 |
Best Value Apartments for Rent in Allerton, IA and Nearby
As of August 02, 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 |
Washington Apartments | The Harmon | 2BR,1BA | $1.09 |
Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
Orchard Lane Apartments | B1 Partially Renovated | 2BR,1BA | $1.08 |
The Ridges | B1 - Deluxe | 2BR,1BA | $1.06 |
Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $0.83 |
Sunset Apartments | 2bd, 1ba | 2BR,1BA | $0.96 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $0.88 |
Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $600 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 Northern Plains by Kading and starts from $825.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.