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The Reserves at South Lake Apartments

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(641) 943-6200
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500 Industrial Ave, Grinnell, IA 50112

Contact

The Reserves at South Lake

500 Industrial Ave
Grinnell, IA 50112
(641) 943-6200
The Reserves at South Lake in Grinnell, IA - Building Photo
  • 1–2 Bedrooms
  • $395-$1,196 Pricing
  • 649–800 Square 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 Omega Management Group

Property Contact Info

Office Hours

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

Floorplan Pricing and Availability

The Reserves at South Lake offers 1 to 2 Bedroom apartments starting from $395 and having 649–800 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • 1 Bedroom

    1B1B

    From $587

    1 Bed, 1 Bath, 649 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $587Available Now1107649

    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 1107 Rent and Fees

    Unit Price

    • $587
    • View Details and Rent Estimate

    Deposit

    • $250 deposit

    Model Rent and Fees

    Model Price Range

    • $395 - $1,002
  • 2 Bedrooms

    2B1B

    From $675

    2 Beds, 1 Bath, 800 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $726Available Now303800
    $675Available Now305800

    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

    • $470 - $1,196

    Current Available Pricing

    • $675 - $726

    Deposit

    • $350 deposit

    Unit 303 Rent and Fees

    Unit Price

    • $726
    • View Details and Rent Estimate

    Deposit

    • $350 deposit

    Model Rent and Fees

    Model Price Range

    • $470 - $1,196

    Unit 305 Rent and Fees

    Unit Price

    • $675
    • View Details and Rent Estimate

    Deposit

    • $350 deposit

    Model Rent and Fees

    Model Price Range

    • $470 - $1,196
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Request Tour
Call us at: (641) 943-6200 to request a tour.

Property Information

  • Built in 2023
  • 3 Stories
  • 48 Units

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 mo

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$21.00

Other Fees and Policies

Pet Policy and Fees

Pet Policies are Negotiable

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

Getting Around

  • 30 / 100 Somewhat walkable

    Few day-to-day needs are within walking distance

  • 20 / 100 Somewhat Bikeable

    Not very suitable for bicycle commuting and/or recreation

  • 100 / 100 Exceptionally car friendly

    Excellent access to freeways and/or major arteries, with almost no chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 40 / 100 Restaurants

    Some restaurants within a few minutes

  • 20 / 100 Cafes

    Some cafés within walking distance

  • 30 / 100 Nightlife

    Some bars within walking distance

  • 50 / 100 Shopping

    Several shops within walking distance

  • 0 / 100 Noise Level

    Many sources of noise nearby

Scores provided by Local Logic

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 2 Bedroom Apartments at The Reserves at South Lake currently range from $395 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

Nearby Schools

Grinnell Community Senior High School

Grinnell-Newburg Community School District
1333 Sunset Street
Public School - Grades 9-12 (484 Students)
In Attendance Zone4 minute drive / 2.2 miles away
7/10

Davis Elementary School

Grinnell-Newburg Community School District
818 Hamilton Avenue
Public School - Grades K-5 (213 Students)
In Attendance Zone3 minute drive / 1.2 miles away
7/10

Grinnell Community Middle School

Grinnell-Newburg Community School District
132 East Street South
Public School - Grades K-8 (511 Students)
In Attendance Zone3 minute drive / 1.0 miles away
5/10
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.

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

East Gate Estates

1 to 3 Bedroom Apartments from $587
View Rentals

West Towne

1 to 3 Bedroom Apartments from $587
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Grinnell Studio Apartments $773$710$910
Grinnell 1 Bedroom Apartments $1,029$587$2,268
Grinnell 2 Bedroom Apartments $1,200$675$2,503
Grinnell 3 Bedroom Apartments $1,392$844$2,791
Grinnell 4 Bedroom Apartments $1,421$1,421$1,421
2 Bedroom Homes$1,479$895$2,750
3 Bedroom Homes$1,779$660$2,950
4 Bedroom Homes$2,328$2,095$2,695
6 Bedroom Homes$2,750$2,750$2,750

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Viewing: The Reserves at South Lake | Desktop Version | Listing Updated: 07/23/2026 | AHLGLD