The Reserves at South Lake Apartments

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500 Industrial Ave, Grinnell, IA 50112
(641) 943-6200
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The Reserves at South Lake

500 Industrial Ave
Grinnell, IA 50112
(641) 943-6200
The Reserves at South Lake in Grinnell, IA - Building Photo
  • 1–3 Bedrooms
  • $395-$1,196Pricing
  • 649–1,000Square Feet

About The Reserves at South Lake

We don't just rent apartments. From the moment you walk through the front door you'll feel the comfort that makes our residents happy to call us home. Cutting edge amenities, meticulously-groomed grounds, and a dedicated staff contributes to a higher standard of living. Convenient shopping, award-winning schools, local museums and parks are all close at hand, with sponsored activities to develop new hobbies while getting to know your neighbors. Water, Trash and Pest Protection included in Rent.

The Reserves at South Lake is located in the 50112 Zip code of Grinnell, IA. This community is professionally managed by Weigand-Omega Management

Property Contact Info

Floorplan Pricing and Availability

The Reserves at South Lake offers 1 to 3 Bedroom apartments starting from $445 and having 649–1,000 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    1B1B

    From $445

    1 Bed, 1 Bath, 649 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $631Available Now1207649
    $445Available Now1301649
    $1,002Available Now1302649

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Freezer
    • Ice Maker
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $395 - $1,002

    Current Available Pricing

    • $445 - $1,002

    Deposit

    • $250 deposit

    Unit 1207 Rent and Fees

    Unit Price

    • $631

    Deposit

    • $250 deposit

    Model Rent and Fees

    Model Price Range

    • $395 - $1,002

    Unit 1301 Rent and Fees

    Unit Price

    • $445

    Deposit

    • $250 deposit

    Model Rent and Fees

    Model Price Range

    • $395 - $1,002

    Unit 1302 Rent and Fees

    Unit Price

    • $1,002

    Deposit

    • $250 deposit

    Model Rent and Fees

    Model Price Range

    • $395 - $1,002
  • 2 Bedrooms

    2B1B

    From $1,196

    2 Beds, 1 Bath, 800 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,196Available Now1305800

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Freezer
    • Ice Maker
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Unit 1305 Rent and Fees

    Unit Price

    • $1,196

    Deposit

    • $350 deposit

    Model Rent and Fees

    Model Price Range

    • $470 - $1,196
  • 3 Bedrooms

    3B2B

    From $863

    3 Beds, 2 Baths, 1000 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $863Available Now22021000

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Freezer
    • Ice Maker
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Unit 2202 Rent and Fees

    Unit Price

    • $863

    Deposit

    • $450 deposit

    Model Rent and Fees

    Model Price Range

    • $536 - $999
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (641) 943-6200 to schedule a tour.

Property Information

Income Restrictions At The Reserves at South Lake

Income restrictions apply to some or all residents. Contact the community for more information.

# Persons60% Income Limit 40% Income Limit 30% Income Limit
1$41,580$27,720$20,790
2$47,520$31,680$23,760
3$53,460$35,640$26,730
4$59,340$39,560$29,670
5$64,140$42,760$32,070
6$68,880$45,920$34,440
income restriction

To qualify, you must be equal to or below those in the chart, based on the number of persons living in the dwelling.

Lease Terms

  • 12 months

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Required Fees

One-Time Move-In Fees

Due at Application
Application Fee Per Applicant$21

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

On-Site Services

  • 24 Hour Access

Community Features

  • Clubhouse
  • Lounge

Recreation and Fitness

  • Fitness Center
  • Playground

Interior Features

  • Heating
  • Tub/Shower
  • Washer/Dryer
  • Air Conditioning

Kitchen Amenities

  • Dishwasher
  • Microwave
  • Range
  • Refrigerator
  • Oven
  • Disposal
  • Freezer
  • Stainless Steel Appliances
  • Ice Maker
  • Kitchen
Google Map

Map

500 Industrial Ave, Grinnell, IA 50112

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday8:00 am–5:00 pm
Tuesday8:00 am–5:00 pm
Wednesday8:00 am–5:00 pm
Thursday8:00 am–5:00 pm
Friday8:00 am–5:00 pm
SaturdayClosed
SundayClosed

Getting Around

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about The Reserves at South Lake

Where is The Reserves at South Lake located?

The Reserves at South Lake is located at 500 Industrial Ave, Grinnell, IA

What is the current rent range at The Reserves at South Lake?

1 Bedroom to 3 Bedroom Apartments at The Reserves at South Lake currently range from $445 to $1,196

When is the leasing office open?

  • The office Hours for The Reserves at South Lake are
  • Monday 8:00 am–5:00 pm
  • Tuesday 8:00 am–5:00 pm
  • Wednesday 8:00 am–5:00 pm
  • Thursday 8:00 am–5:00 pm
  • Friday 8:00 am–5:00 pm
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Renters Reviews and Ratings

5.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Grinnell Community Senior High School

Grinnell-Newburg Community
1333 Sunset Street
Public School - Grades 9-12 (471 Students)
In Attendance Zone4 minute drive / 2.2 miles away
7/10

Davis Elementary School

Grinnell-Newburg Community
818 Hamilton Avenue
Public School - Grades 3-4 (215 Students)
In Attendance Zone3 minute drive / 1.2 miles away
7/10

Grinnell Community Middle School

Grinnell-Newburg Community
132 East Street South
Public School - Grades 5-8 (457 Students)
In Attendance Zone3 minute drive / 1.0 miles away
5/10

Bailey Park Elementary School

Grinnell-Newburg Community
210 8th Avenue
Public School - Grades K-2 (152 Students)
In Attendance Zone4 minute drive / 2.0 miles away
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from The Reserves at South Lake.

Big Box and Retail

Goodwill

230 West St
3 minute drive / 1.0 miles away

Colleges and Universities

Grinnell College

1121 Park Street
4 minute drive / 2.2 miles away

Groceries

Hy-Vee

320 West St S
1 minute drive / 0.61 miles away

Hospitals

Grinnell Regional Medical Center

210 Fourth Avenue
4 minute drive / 1.63 miles away

Shopping Centers

Grinnell Plaza

714 4th Ave
4 minute drive / 1.6 miles away

The Reserves at South Lake has 1 shopping center within 1.6 miles.

Nearby Neighborhoods

1 to 3 Bedroom Apartments from $445
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1 to 3 Bedroom Apartments from $445
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Grinnell Studio Apartments $738$695$795
Grinnell 1 Bedroom Apartments $1,024$394$2,012
Grinnell 2 Bedroom Apartments $1,184$467$2,498
Grinnell 3 Bedroom Apartments $1,242$779$1,809

Browse Top Apartments in Grinnell

Viewing: The Reserves at South Lake | Desktop Version | Listing Updated: 10/28/2025 | AHLGLD