
Cheap Homes for Rent in Allerton, IA from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Allerton.


121 S Ash St

16 Cascade Dr
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.

2901 E Main St

601 W Smith St

124 W Missouri St

310 N Elson St

405 S Webster St

718 N Wapello St.

1806 E Main St

722 Wildwood Dr

410 Pine St
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.

112 E Salem Ave
Allerton, IA Local Guide

How much does it cost to rent a home in Allerton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Allerton 2 Bedroom Homes for Rent | $1,374 | $750 | $2,200 |
Allerton 3 Bedroom Homes for Rent | $1,700 | $755 | $3,700 |
Allerton 4 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
Browse Top Homes for Rent in Allerton
Explore 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 1 Bed unit found at Foxwood Apartments in the Easton Park neighborhood priced from $629. 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 | A2 | 1BR,1BA | $629 |
Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $725 |
East Park Apartments | 1/2 Story Down | 2BR,1BA | $750 |
Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $755 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $760 |
Best Value Apartments for Rent in Allerton, IA and Nearby
As of June 04, 2025 the best value apartment in the Allerton area is the $0.91 price per square foot 3 Bedroom Model at The Meadows in the in the Somerset neighborhood starting from $950. The second greatest value Allerton apartment is the The Harmon Model at Washington Apartments starting at $1,043 with a $1.09 price per square foot . 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. |
---|---|---|---|
The Meadows | 3 Bedroom | 3BR,2BA | $0.91 |
Washington Apartments | The Harmon | 2BR,1BA | $1.09 |
Cedarbrooke Place | B1 | 2BR,2BA | $1.09 |
Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
Orchard Lane Apartments | 2BR/1.0BA | 2BR,1BA | $0.96 |
Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $1.07 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $1.03 |
Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $1.09 |
Foxwood Apartments | A2 | 1BR,1BA | $1.01 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Allerton
What type of rentals are currently available in Allerton?
There are currently 46 Apartments for Rent in Allerton, IA with pricing that ranges from $545 to $1,965. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allerton ranging from $585 to $3,700.
What is the current price range for Rental Homes in Allerton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Allerton ranges from $585 to $3,700 with an average monthly rent of $1,524.
How much are larger Three and Four Bedroom Rentals in Allerton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Allerton range from $950 to $1,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $755 to $3,700. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,000.
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 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.

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.