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- Active Adult
- Income Restrictions
- 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:
New! Interactive Property Map
1 Bedroom
1B1B
From $445
1 Bed, 1 Bath, 649 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $631 Available Now 1207 649 $445 Available Now 1301 649 $1,002 Available Now 1302 649 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
Apartment Unit: 1207Apartment Model: 1B1B$6311 Bedroom, 1 Bath, 649 sq ftAvailable NowApartment Unit: 1301Apartment Model: 1B1B$4451 Bedroom, 1 Bath, 649 sq ftAvailable NowApartment Unit: 1302Apartment Model: 1B1B$1,0021 Bedroom, 1 Bath, 649 sq ftAvailable Now2 Bedrooms
2B1B
From $1,196
2 Beds, 1 Bath, 800 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $1,196 Available Now 1305 800 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
Apartment Unit: 1305Apartment Model: 2B1B$1,1962 Bedroom, 1 Bath, 800 sq ftAvailable Now3 Bedrooms
3B2B
From $863
3 Beds, 2 Baths, 1000 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $863 Available Now 2202 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 2202 Rent and Fees
Unit Price
- $863
Deposit
- $450 deposit
Model Rent and Fees
Model Price Range
- $536 - $999
Apartment Unit: 2202Apartment Model: 3B2B$8633 Bedroom, 2 Bath, 1000 sq ftAvailable Now
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Property Information
- 48 Units
- 3 Stories
- Built in 2023
- View Property Website
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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 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

Map
- Shopping
- Colleges
- Grocery
- Medical

Map
Hours and Contact Info
| 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 |
Getting Around
Walk Score®
20 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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
Nearby Schools
Grinnell Community Senior High School
Davis Elementary School
Grinnell Community Middle School
Bailey Park Elementary School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from The Reserves at South Lake.
Big Box and Retail
Goodwill
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 | $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 |
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