Cheap Homes for Rent in Aurora, IA from $500 (10 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 420 Water St

$650 - $725

1 To 2 Bedroom Rentals

Available Now

420 Water St

Center PointIA52213

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Aurora, IA Local Guide

Cheapest Available Aurora Apartments for Rent and Nearby

 

The cheapest available apartment rental in Aurora, IA is a 1 Bed unit found at The Birch Street Apartments priced from $575. The Meadows Apartments in the Southlawn Court neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Aurora apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Birch Street Apartments1 Bedroom 1 Bathroom1BR,1BA$575
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$600
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$625

Best Value Apartments for Rent in Aurora, IA and Nearby

As of January 06, 2026 the best value apartment in the Aurora area is the $0.50 price per square foot 3BR/2BA Model at Hawkeye Towers (new) in the starting from $505. The second greatest value Aurora apartment is the Prime Waterloo Living: 2-Bedroom / 1-Bath Apart... Model at Pineview Place Apartments starting at $1,025 with a $1.03 price per square foot . Here is today’s list of the best values for Aurora apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hawkeye Towers (new)3BR/2BA3BR,2BA$0.50
Pineview Place ApartmentsPrime Waterloo Living: 2-Bedroom / 1-Bath Apart...2BR,1BA$1.03
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Lantern Square Apartments Spacious 1, 2 & 3 BedroomsLS 2x1.52BR,1.5BA$0.97
Le Chateau2BR/1.5BA2BR,1.5BA$0.85
Residences on College Hill4 Bedroom Apartment Near UNI — Only $1,400/mo (...4BR,1BA$0.99
1150 Home Park Blvd2BR/1.0BA2BR,1BA$1.02
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.02
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$1.00
The Birch Street Apartments2 Bedroom 1 Bathroom2BR,1BA$1.08

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Aurora, IA Rentals by Map

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Frequently Asked Questions about Aurora

What type of rentals are currently available in Aurora?

There are currently 54 Apartments for Rent in Aurora, IA with pricing that ranges from $365 to $2,500. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Aurora ranging from $575 to $1,500.

What is the current price range for Rental Homes in Aurora?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Aurora ranges from $575 to $1,500 with an average monthly rent of $1,011.

How much are larger Three and Four Bedroom Rentals in Aurora?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Aurora range from $850 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $1,175. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $895.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!