




- Active Adult
- Income Restrictions
- 1–3 Bedrooms
- $395-$1,002 Pricing
- 649–1,000 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

- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (641) 943-6200
- Disclaimer:
Office Hours
| 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 |
Floorplan Pricing and Availability
The Reserves at South Lake offers 1 to 3 Bedroom apartments starting from $925 and having 649–1,000 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
1B1B
1 Bed, 1 Bath, 649 sq ftAvailability Details
Price Availability Date Unit Sq Ft Deposit From $395 Call for Availability 1B1B 649 sq ft $250 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
Deposit
- $250 deposit
2 Bedrooms
2B1B
From $925
2 Beds, 1 Bath, 800 sq ftAvailable Sep 1Availability Details
Price Availability Date Unit Sq Ft Deposit $925 September 1, 2026 2303 800 $350 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 2303 Rent and Fees
Unit Price
- $925
View Details and Rent EstimateDeposit
- $350 deposit
Model Rent and Fees
Model Price Range
- $470 - $1,196
Apartment Unit: 2303Apartment Model: 2B1B$9252 Bedroom, 1 Bath, 800 sq ftAvailable September 1, 20263 Bedrooms
3B2B
From $1,000
3 Beds, 2 Baths, 1000 sq ftAvailable Jul 26Availability Details
Price Availability Date Unit Sq Ft $1,000 July 26, 2026 2208 1000 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 2208 Rent and Fees
Unit Price
- $1,000
View Details and Rent EstimateDeposit
- $450 deposit
Model Rent and Fees
Model Price Range
- $536 - $1,000
Apartment Unit: 2208Apartment Model: 3B2B$1,0003 Bedroom, 2 Bath, 1000 sq ftAvailable July 26, 2026
Schedule a Tour
Property Information
- 48 Units
- 3 Stories
- Built in 2023
Income Restrictions At The Reserves at South Lake
Income restrictions apply to some or all residents. Contact the community for more information.
| # Persons | 60% 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 |
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

Map
- Colleges
- Grocery
- Medical
- Shopping

Map
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 $925 to $1,000
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
Davis Elementary School
Grinnell Community Middle School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from The Reserves at South Lake.
Colleges and Universities
Groceries
Hy-Vee
Hospitals
Grinnell Regional Medical Center
Shopping Centers
The Reserves at South Lake has 1 shopping center within 1.6 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grinnell Studio Apartments | $725 | $725 | $725 |
| Grinnell 1 Bedroom Apartments | $1,043 | $395 | $2,157 |
| Grinnell 2 Bedroom Apartments | $1,255 | $700 | $2,552 |
| Grinnell 3 Bedroom Apartments | $1,448 | $899 | $2,969 |
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