
Cheap Apartments for Rent in Boone, IA from $350 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Boone.


815 Story St

Hancock Apartments

813 Story St

Total Monthly Price
Linden Station Apartments

1122 Hancock Dr

SUNDANCE BOONE APARTMENTS

Total Monthly Price
Kate's Landing

1628-1628 W Lincoln Ave
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.

Prairie Place

Cedar Crossing 2

Alice Place Boone

Briarwood Apartments

505 1/2 11th St

Candleridge Apartments of Boone

The Briza

Red Rose Apartments

Boone Park Apartments
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.

Western Hills Apartments

West Village Apartments

Fountain View Apartments

The Ridge Apartments

Hickory Ridge Apartments

West Towne

College Creek Apartments

Wyndsor Terrace

Hyland Apartments
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.

Townhomes at Creekside

1401 N. Dakota

Haven Apartments

CORE Apartments

Alpine Manor Apartments

Total Property Management 3206 Lincoln Way

Campus West

203 Campus

Spruce Pointe
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.

3319 Story St

Westfield Apartments

Furman Western Hills

141 Campus Ave

Delaware Woods

2644 Hunt Street

4008 Ontario St

Oakview Apartments

Windsor Pointe
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.

225 Hyland

3321 West St
Boone, IA Local Guide

How much does it cost to rent an apartment in Boone?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Boone Studio Apartments | $730 | $675 | $999 |
| Boone 1 Bedroom Apartments | $893 | $529 | $1,290 |
| Boone 2 Bedroom Apartments | $985 | $539 | $1,735 |
| Boone 3 Bedroom Apartments | $1,002 | $450 | $2,370 |
| Boone 4 Bedroom Apartments | $813 | $350 | $2,300 |
Browse Top Apartments in Boone
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Boone, IA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Social West Ames® | Langley B Renovated - Station | 4BR,2BA | $469 |
| The Briza | Renovated 1 Bedroom | 1BR,1BA | $647 |
| Hickory Ridge Apartments | 0 bed, 1 bath | Studio,1BA | $699 |
| West Towne | Studio | Studio,1BA | $699 |
| College Creek Apartments | 1 Bedroom Apartment | 1BR,1BA | $755 |
| Hancock Apartments | 1X1 | 1BR,1BA | $780 |
| Wyndsor Terrace | Studio | Studio,1BA | $785 |
| Hyland Apartments | 1 Bedroom Apartment | 1BR,1BA | $820 |
| Linden Station Apartments | 1 Bed Apartment 55+ | 1BR,1BA | $825 |
| SUNDANCE BOONE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walnut Ridge | 3515 Lincoln Way ( 4 bdrm ) | 4BR,3BA | $1.03 |
| 802 Dickinson Ave | 3 Beds / 2 Baths | 3BR,2BA | $0.97 |
| Total Property Management 125 Campus Ave. | 125 Campus | 4BR,2BA | $0.81 |
| Point at Ames | Telluride A | 3BR,3BA | $0.69 |
| Total Property Management 3206 Lincoln Way | 4 bedroom | 4BR,2.5BA | $0.91 |
| The Madison Apartments | 3x3 Furnished | 3BR,3BA | $0.55 |
| The Social West Ames® | Cambridge A Renovated - Station | 3BR,2BA | $0.52 |
| 2644 Hunt Street | 2BD/1BR + Office Space in Campustown | 2BR,1BA | $0.94 |
| Mortensen Heights | 2B | 2BR,2BA | $0.71 |
| The Social Reserve | Guthrie - Reserve | 2BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Boone, IA
Franklin Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Boone, IA Rentals by Map
See the most popular apartments and homes in Boone, IA
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

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.

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.

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.

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.