Cheap Apartments for Rent in Boone, IA from $350 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in Boone.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Cedar Crossing 2
1 Bedroom Apartments

Cedar Crossing 2

2003 Cedar StBoone, IA 50036
Senior Living
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Alice Place Boone
1 to 2 Bedroom Apartments

Alice Place Boone

1704 Hawkeye DrBoone, IA 50036
Senior Living
  • Utilities Included
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Briarwood Apartments
Studio to 2 Bedroom Apartments

Briarwood Apartments

1026 Hancock DrBoone, IA 50036
  • Utilities Included
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The Briza
1 Bedroom Apartments

The Briza

1104 8th StBoone, IA 50036
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Red Rose Apartments
Studio to 2 Bedroom Apartments

Red Rose Apartments

221 Cpl Roger Snedden DrBoone, IA 50036
  • Utilities Included
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Boone Park Apartments
1 to 2 Bedroom Apartments

Boone Park Apartments

1127 S Linn StBoone, IA 50036
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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203 Campus
1 to 5 Bedroom Apartments

203 Campus

203 Campus AveAmes, IA 50014
  • Utilities Included
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Spruce Pointe
1 to 2 Bedroom Apartments

Spruce Pointe

126 Beedle DrAmes, IA 50014
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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3319 Story St
2 to 4 Bedroom Apartments

3319 Story St

3319 Story StAmes, IA 50014
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Furman Western Hills
Studio to 2 Bedroom Apartments

Furman Western Hills

230 Raphael AveAmes, IA 50014
  • Utilities Included
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141 Campus Ave
2 Bedroom Apartments

141 Campus Ave

141 Campus AveAmes, IA 50014
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Delaware Woods
2 to 3 Bedroom Apartments

Delaware Woods

1121 Delaware AveAmes, IA 50014
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2644 Hunt Street
1 to 3 Bedroom Apartments

2644 Hunt Street

2644 Hunt StAmes, IA 50014
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Oakview Apartments
1 to 4 Bedroom Apartments

Oakview Apartments

1429 Walton DrAmes, IA 50014
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Windsor Pointe
1 to 3 Bedroom Apartments

Windsor Pointe

3815 Tripp StAmes, IA 50014
  • Utilities Included

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.

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225 Hyland
1 to 3 Bedroom Apartments

225 Hyland

225 N Hyland AveAmes, IA 50014
  • Utilities Included

Boone, IA Local Guide

Cheapest Available Boone Apartments for Rent and Nearby

 

The cheapest available apartment rental in Boone, IA is a 4 Beds unit found at The Social West Ames® in the Fountainview neighborhood priced from $469. The Briza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $647. Here is today’s list of the most affordable Boone apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Social West Ames®Langley B Renovated - Station4BR,2BA$469
The BrizaRenovated 1 Bedroom1BR,1BA$647
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$699
West TowneStudioStudio,1BA$699
College Creek Apartments1 Bedroom Apartment1BR,1BA$755
Hancock Apartments1X11BR,1BA$780
Wyndsor TerraceStudioStudio,1BA$785
Hyland Apartments1 Bedroom Apartment1BR,1BA$820
Linden Station Apartments1 Bed Apartment 55+1BR,1BA$825
SUNDANCE BOONE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$895

Best Value Apartments for Rent in Boone, IA and Nearby

As of August 28, 2026 the best value apartment in the Boone area is the $1.03 price per square foot 3515 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,000. The second greatest value Boone apartment is the 3 Beds / 2 Baths Model at 802 Dickinson Ave starting at $1,260 with a $0.97 price per square foot in the Fountainview neighborhood. Here is today’s list of the best values for Boone apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walnut Ridge3515 Lincoln Way ( 4 bdrm )4BR,3BA$1.03
802 Dickinson Ave3 Beds / 2 Baths3BR,2BA$0.97
Total Property Management 125 Campus Ave.125 Campus4BR,2BA$0.81
Point at AmesTelluride A3BR,3BA$0.69
Total Property Management 3206 Lincoln Way4 bedroom4BR,2.5BA$0.91
The Madison Apartments3x3 Furnished3BR,3BA$0.55
The Social West Ames®Cambridge A Renovated - Station3BR,2BA$0.52
2644 Hunt Street2BD/1BR + Office Space in Campustown2BR,1BA$0.94
Mortensen Heights2B2BR,2BA$0.71
The Social ReserveGuthrie - Reserve2BR,1BA$0.70

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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!

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Frequently Asked Questions about Cheap Boone Apartments

What is the Cheapest Studio apartment in Boone?

Currently the most affordable Cheap Studio Apartment in Boone is at Hickory Ridge Apartments listed at $699.

How much is rent for a Cheap One Bedroom Boone Apartment?

The lowest price for a Cheap One Bedroom Boone Apartment is $647 at The Briza.

What is the lowest price for a Cheap Two Bedroom Boone Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Boone is starting from $850 at 2644 Hunt Street.

What is the most affordable Boone Three Bedroom Apartment?

The best deal on a cheap Boone Three Bedroom Apartment rental is at The Social West Ames® and starts from $499.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.