Cheap Apartments for Rent near Allison, IA from $300 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Allison.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Pointe West Apartments
1 to 3 Bedroom Apartments

Pointe West Apartments

1901 W 18th StCedar Falls, IA 50613
Corporate Housing
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Urban Flats South
Studio to 4 Bedroom Apartments

Urban Flats South

917 W 23rd StCedar Falls, IA 50613
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2557 W 3rd St
2 Bedroom Apartments

2557 W 3rd St

2557 W 3rd StWaterloo, IA 50701
  • Smoke Free

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-44, Page 1 of 1

Allison, IA Local Guide

Cheapest Available Allison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Allison, IA is a 4 Beds unit found at The Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $350. Meadow Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Allison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences on College Hill4 Bed 1 Bath Apartment4BR,1BA$350
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$625
Russell LamsonStudioStudio,1BA$695
Gold Falls Villa Apartments1 BR/ 1 Bath1BR,1BA$715
Le Chateau2BR/1.5BA2BR,1BA$795
University Manor1 BR/ 1 BA (June & Aug '25)1BR,1BA$815
Pheasant Hollow Apartments3 Bed 1 Bath3BR,1BA$850
Union at North Crossing1 Bed 1 Bath1BR,1BA$850
Thunder Ridge ApartmentsStylish 1 Bedroom/1 Bathroom Apartment with Bal...1BR,1BA$920
Elmcrest2 Bedrooms2BR,1BA$950

Best Value Apartments for Rent in Allison, IA and Nearby

As of July 21, 2026 the best value apartment in the Allison area is the $0.61 price per square foot 3 Bed 1 Bath Model at Pheasant Hollow Apartments in the starting from $850. The second greatest value Allison apartment is the Palace Apartments - Two Bedrooms Model at Palace Apartments starting at $1,600 with a $1.23 price per square foot . Here is today’s list of the best values for Allison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pheasant Hollow Apartments3 Bed 1 Bath3BR,1BA$0.61
Palace ApartmentsPalace Apartments - Two Bedrooms2BR,1BA$1.23
Hillcrest Park Apartments-Student Housing4BR/2BA4BR,2BA$0.50
Rolling Meadows Apartments3 bedroom/2bath3BR,2BA$0.96
Pineview Place ApartmentsPrime Waterloo Living: 2-Bedroom / 1-Bath Apart...2BR,1BA$1.05
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.02
Le Chateau2BR/1.5BA2BR,1.5BA$0.85
Cedar Village Community2 Bed 1 Bath2BR,1BA$1.08
The Residences on College Hill4 Bed 1 Bath Apartment4BR,1BA$0.39
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.02

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Allison, IA Rentals by Map

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See the most popular apartments and homes in Allison, IA

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Frequently Asked Questions about Cheap Allison Apartments

How much is rent for a Cheap One Bedroom Allison Apartment?

The lowest price for a Cheap One Bedroom Allison Apartment is $625 at Meadow Ridge Apartments.

What is the lowest price for a Cheap Two Bedroom Allison Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Allison is starting from $775 at Meadow Ridge Apartments.

What is the most affordable Allison Three Bedroom Apartment?

The best deal on a cheap Allison Three Bedroom Apartment rental is at Pheasant Hollow Apartments and starts from $850.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.