
Cheap Homes for Rent in Boone, IA from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Boone.


1223 W 2nd St

320 S Franklin Ave

1317 Woodstock Ave

4510 Twain Cir

520 W 5th St
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.

707 5th St

118 S Franklin Ave

508 Hayward Ave

4549 Steinbeck St

215 Jewel Dr

2818 Ross Rd
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.
Boone, IA Local Guide

How much does it cost to rent a home in Boone?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Boone 2 Bedroom Homes for Rent | $1,087 | $700 | $1,500 |
| Boone 3 Bedroom Homes for Rent | $1,708 | $800 | $2,750 |
| Boone 4 Bedroom Homes for Rent | $1,953 | $1,500 | $3,250 |
| Boone 5 Bedroom Homes for Rent | $3,500 | $3,200 | $3,800 |
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Boone, IA Local Guide
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Cheapest Available Boone Apartments for Rent
 The cheapest available apartment rental in Boone, IA is a Studio unit found at College Creek Apartments in the Eagle Ridge neighborhood priced from $670. Hickory Ridge Apartments in the Eagle Ridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Boone apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| College Creek Apartments | Studio Apartment | Studio,1BA | $670 |
| Hickory Ridge Apartments | 0 bed, 1 bath | Studio,1BA | $725 |
| Western Hills Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $745 |
| The Briza | Renovated 1 Bedroom | 1BR,1BA | $775 |
| The Ridge Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $775 |
Best Value Apartments for Rent in Boone, IA
As of December 11, 2025 the best value apartment in the Boone area is the $0.24 price per square foot 4 Bedroom/2 Bathroom Model at Tripp Street Apartments in the in the Fountainview neighborhood starting from $300. The second greatest value Boone apartment is the 3x3 Unfurnished Model at The Madison starting at $504 with a $0.47 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. |
|---|---|---|---|
| Tripp Street Apartments | 4 Bedroom/2 Bathroom | 4BR,2BA | $0.24 |
| The Madison | 3x3 Unfurnished | 3BR,3BA | $0.47 |
| Alpine Manor Apartments | 3 Bedroom, 2 Bath Remodel | 3BR,2BA | $1.12 |
| Cedar Pointe | Villa | 3BR,1BA | $1.04 |
| Fountainview | 2 Bed/1 Bath Apartment | 2BR,1BA | $1.15 |
| Western Hills Apartments | 2 Bed/2 Bath Apartment | 2BR,2BA | $1.05 |
| Kate's Landing | Cottage - 2 | 2BR,1BA | $1.09 |
| SUNDANCE BOONE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.08 |
| Wyndsor Terrace | 2 bed 1.5 bath | 2BR,1.5BA | $1.20 |
| Point at Ames | Frisco A | 2BR,2BA | $1.10 |
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 ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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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.
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!
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Frequently Asked Questions about Boone
What type of rentals are currently available in Boone?
There are currently 77 Apartments for Rent in Boone, IA with pricing that ranges from $404 to $2,775. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Boone ranging from $700 to $3,800.
What is the current price range for Rental Homes in Boone?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Boone ranges from $700 to $3,800 with an average monthly rent of $1,848.
How much are larger Three and Four Bedroom Rentals in Boone?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Boone range from $504 to $2,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $404.
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.