
Cheap Apartments for Rent in Allison, IA from $300 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Allison.


Russell Lamson

Pheasant Hollow Apartments

Gold Falls Villa Apartments

228 Spaces - Furnished Micro-Living Apartments

Falls Edge Studios

University Manor
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.

Brentwood Estates Apartments

UNION HOUSE APARTMENTS

Union at North Crossing

Rolling Meadows Apartments

Park @ Nine23

Le Chateau

Thunder Ridge Apartments

Elmcrest
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.

Cedar Village Community

2311 Olive Street

Kinsale Condominiums

Park Avenue Lofts The Temple

Art Bloc

The Summit on College Hill

Campus Court Apartments

Pineview Place Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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.

Cedar West Apartments

1918 Olive St

1224-1282 W Mullan Ave

1637 Carriage Hill Dr

Westwood Apartments

1150 Home Park Blvd

Pointe West Apartments

603 Iowa St
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.

Urban Flats South

2557 W 3rd St

Whispering Meadows Condominiums

604 W Seerley Blvd

Palace Apartments

32506 320th St

704 W 18th St

2110 Melrose Ct
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.

1816 Walnut St

2221 Main St

119 Tremont St

510 Barnett Dr
Allison, IA Local Guide

How much does it cost to rent an apartment in Allison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Allison Studio Apartments | $1,059 | $652 | $1,395 |
| Allison 1 Bedroom Apartments | $1,180 | $675 | $1,750 |
| Allison 2 Bedroom Apartments | $1,303 | $705 | $1,950 |
| Allison 3 Bedroom Apartments | $1,462 | $975 | $1,950 |
| Allison 4 Bedroom Apartments | $1,363 | $460 | $2,400 |
Browse Top Apartments in Allison
See all Apartments in AllisonExplore Allison
Allison, IA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $350 |
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $625 |
| Russell Lamson | Studio | Studio,1BA | $652 |
| Kent Circle | Updated Cozy 1 Bedroom / 1 Bath Apartment in SW... | 1BR,1BA | $760 |
| Falls Edge Studios | Studio B REV | Studio,1BA | $800 |
| University Manor | 1 BR/ 1 BA (June & Aug '25) | 1BR,1BA | $815 |
| Gold Falls Villa Apartments | 2 BR/ 1 Bath Remodeled | 2BR,1BA | $845 |
| Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $850 |
| Park @ Nine23 | A1 | 1BR,1BA | $850 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $950 |
Best Value Apartments for Rent in Allison, IA and Nearby
As of June 05, 2026 the best value apartment in the Allison area is the $1.44 price per square foot 3 Bed 2.5 Bath Model at Pinnacle Villages - Waverly in the starting from $1,730. The second greatest value Allison apartment is the Pointe West - 2-bedroom apartments Model at Pointe West Apartments starting at $1,090 with a $0.99 price per square foot . Here is today’s list of the best values for Allison apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinnacle Villages - Waverly | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.44 |
| Pointe West Apartments | Pointe West - 2-bedroom apartments | 2BR,2BA | $0.99 |
| Hillcrest Park Apartments-Student Housing | 4BR/2BA | 4BR,2BA | $0.42 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.02 |
| Cedar Village Community | 2 Bed 1 Bath | 2BR,1BA | $1.08 |
| Thunder Ridge Apartments | 2 Bed/1 Bath Furnished | 2BR,1BA | $1.50 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $1.38 |
| Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $1.23 |
| University Manor | 1 BR/ 1 BA (June & Aug '25) | 1BR,1BA | $1.27 |
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Allison, IA Rentals by Map
See the most popular apartments and homes in Allison, IA
Frequently Asked Questions about Cheap Allison Apartments
What is the Cheapest Studio apartment in Allison?
Currently the most affordable Cheap Studio Apartment in Allison is at Russell Lamson listed at $652.
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 Cedar Village Community and starts from $1,095.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
