
Cheap Homes for Rent in Allison, IA from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Allison.


702 Sherman Ave

804 W 18th St

220 9th St SW

322 W Seerley Blvd

1215 Walnut St

312 N Genevieve St

515 Franklin St
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 | $1,838 | $995 | $2,500 |
Allison 3 Bedroom Homes for Rent | $1,140 | $650 | $1,500 |
Allison 4 Bedroom Homes for Rent | $1,665 | $1,200 | $2,000 |
Allison 5 Bedroom Homes for Rent | $1,550 | $1,500 | $1,600 |
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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 Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $295. Meadow Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Allison apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Residences on College Hill | Private Bedroom in a 4BR Unit-Furnished Common ... | 4BR,1BA | $295 |
Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $675 |
Russell Lamson | Studio | Studio,1BA | $675 |
Best Value Apartments for Rent in Allison, IA and Nearby
As of August 28, 2025 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 3 BR/ 1 BA Model at 1224-1282 W Mullan Ave starting at $775 with a $0.70 price per square foot in the Downtown Waterloo neighborhood. 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 |
1224-1282 W Mullan Ave | 3 BR/ 1 BA | 3BR,1BA | $0.70 |
Whispering Meadows Condominiums | Two Bedroom w/Attached Garage | 2BR,2BA | $1.20 |
Pineview Place Apartments | 2 Bedroom/1 Bath | 2BR,1BA | $1.03 |
Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
2557 W 3rd St | 2 BR/ 1 BA | 2BR,1BA | $1.18 |
Residences on College Hill | Luxury 4-Bedroom 1-Bath Apartment! | 4BR,1BA | $1.11 |
1150 Home Park Blvd | 2BR/1.0BA | 2BR,1BA | $1.09 |
University Manor | 1 BR/ 1 BA (Sept '25 ) | 1BR,1BA | $1.26 |
Le Chateau | 1BR/1.0BA | 1BR,1BA | $1.20 |
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Frequently Asked Questions about Allison
What type of rentals are currently available in Allison?
There are currently 46 Apartments for Rent in Allison, IA with pricing that ranges from $295 to $2,500. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allison ranging from $650 to $2,500.
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 $650 to $2,500 with an average monthly rent of $1,567.
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 $975 to $1,690, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $295.
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.