
Cheap Homes for Rent in Allerton, IA from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Allerton.


124 S 2nd St

702 S Roche St

106 S Washington St

601 W Smith St

612 S Webster St

310 N Elson St

815 W Michigan St

905 N Roche St

722 Wildwood Dr

711 S Osteopathy Ave

413 Jefferson St

200 Gregory Ln

1212 West St

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 | $1,343 | $700 | $2,100 |
Allerton 3 Bedroom Homes for Rent | $1,599 | $750 | $2,500 |
Allerton 4 Bedroom Homes for Rent | $1,973 | $950 | $2,575 |
Allerton 5 Bedroom Homes for Rent | $2,981 | $2,595 | $3,500 |
Browse Top Homes for Rent 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 03, 2025 the best value apartment in the Allerton area is the $0.95 price per square foot 3 Bedroom Model at The Meadows in the in the Somerset neighborhood starting from $995. 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 | $0.95 |
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 |
Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.12 |
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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 $1,917. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allerton ranging from $585 to $3,500.
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 $3,500 with an average monthly rent of $1,669.
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 $825 to $1,917, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,500. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $1,058.
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.