
Cheap Homes for Rent near Allison, IA from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Allison.


1254 W Mullan Ave

1272 W Mullan Ave

821 Willow St

414 Randall St

1203 D St

700 W Ridgeway Ave
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.

604 W Seerley Blvd

512 Maynard Ave

603 Iowa St

302 7th Ave

806 Cedar River Dr NW

220 9th St SW

208 Lindale Ave
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.
Allison, IA Local Guide

How much does it cost to rent a home in Allison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Allison 2 Bedroom Homes for Rent | $1,068 | $600 | $2,000 |
| Allison 3 Bedroom Homes for Rent | $1,432 | $850 | $2,300 |
| Allison 4 Bedroom Homes for Rent | $2,031 | $1,350 | $2,700 |
| Allison 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
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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 $299. 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-W/D In Unit | 4BR,1BA | $299 |
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $625 |
| Russell Lamson | Studio | Studio,1BA | $695 |
| Kent Circle | Updated Cozy 1 Bedroom / 1 Bath Apartment in SW... | 1BR,1BA | $745 |
| Kingswood Place | Huge Updated One Bedroom Apartment with Walk-in... | 1BR,1BA | $775 |
Best Value Apartments for Rent in Allison, IA and Nearby
As of August 27, 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 Pointe West - 2-bedroom apartments Model at Pointe West Apartments starting at $1,100 with a $1.00 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. |
|---|---|---|---|
| Pheasant Hollow Apartments | 3 Bed 1 Bath | 3BR,1BA | $0.61 |
| Pointe West Apartments | Pointe West - 2-bedroom apartments | 2BR,2BA | $1.00 |
| Hillcrest Park Apartments-Student Housing | 4BR/2BA | 4BR,2BA | $0.50 |
| Rolling Meadows Apartments | 3 bedroom/2bath | 3BR,2BA | $0.96 |
| Pineview Place Apartments | Prime Waterloo Living: 2-Bedroom / 1-Bath Apart... | 2BR,1BA | $1.05 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.02 |
| Le Chateau | 2BR/1.5BA | 2BR,1.5BA | $0.90 |
| Cedar Village Community | 2 Bed 1 Bath | 2BR,1BA | $1.08 |
| Kingswood Place | Huge Updated One Bedroom Apartment with Walk-in... | 1BR,1BA | $1.05 |
| 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.
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Frequently Asked Questions about Allison
What type of rentals are currently available in Allison?
There are currently 53 Apartments for Rent in Allison, IA with pricing that ranges from $552 to $2,500. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allison ranging from $600 to $2,800.
What is the current price range for Rental Homes in Allison?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Allison ranges from $600 to $2,800 with an average monthly rent of $1,528.
How much are larger Three and Four Bedroom Rentals in Allison?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Allison range from $850 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $552.
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

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.