Cheap Apartments for Rent in Cambridge, IA from $400 (29 Rentals)

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312 Sycamore St
Studio to 3 Bedroom Apartments

312 Sycamore St

312 Sycamore StCambridge, IA 50046
  • 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.

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.

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520 5th St
1 Bedroom Apartments

520 5th St

520 5th StAmes, IA 50010
  • Utilities Included
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307 Lynn Ave
1 to 4 Bedroom Apartments

307 Lynn Ave

307 Lynn AveAmes, IA 50014
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Oakwood
1 to 3 Bedroom Apartments

Oakwood

2101 Oakwood RdAmes, IA 50014
  • Utilities Included
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South View Apartments
2 Bedroom Apartments

South View Apartments

209-227 S 5th StAmes, IA 50010
Corporate Housing
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Cardinal Terrace
1 to 2 Bedroom Apartments

Cardinal Terrace

211 Lynn AveAmes, IA 50014
Student Housing
  • Utilities Included

Cambridge, IA Local Guide

Cheapest Available Cambridge Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cambridge, IA is a 3 Beds unit found at Copper Beech in the South Ames neighborhood priced from $660. Northridge Apartments in the Glen Newton neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Copper Beech3BR/3BA3BR,3BA$660
Northridge Apartments2 BR/ 1 BA2BR,1BA$800
Park Place Apartments2BR/1.0BA2BR,1BA$895
Crystal Street Apartments2br/2ba2BR,2BA$925
Laverne ApartmentsTwo Bedroom, Two Bath2BR,2BA$950
Villas at DeerwoodVilla3BR,1BA$975
Village Park2121 Cottonwood (1 bedroom)1BR,1BA$1,000
Brick Towne at Piper1x11BR,1BA$1,000
South View ApartmentsLandmark | Classic2BR,1BA$1,050
Woodland Reserve Apartments2E 1162 sf2BR,2BA$1,183

Best Value Apartments for Rent in Cambridge, IA and Nearby

As of January 28, 2026 the best value apartment in the Cambridge area is the $1.05 price per square foot 2D 1140 sf Model at Woodland Reserve Apartments in the in the Georgetown neighborhood starting from $1,201. The second greatest value Cambridge apartment is the Villa Model at Villas at Deerwood starting at $975 with a $0.97 price per square foot . Here is today’s list of the best values for Cambridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodland Reserve Apartments2D 1140 sf2BR,2BA$1.05
Villas at DeerwoodVilla3BR,1BA$0.97
Avondale Trace CondosAC.2B.2B.B/P2BR,2BA$1.21
The Grove2BR/2BA2BR,2BA$0.77
Northridge Apartments2 BR/ 1 BA2BR,1BA$0.89
Crystal Street Apartments2br/2ba2BR,2BA$1.05
South View ApartmentsOutlook | Renovated2BR,1BA$1.21
Laverne ApartmentsTwo Bedroom, Two Bath2BR,2BA$1.11
Park Place Apartments2BR/1.0BA2BR,1BA$1.24
Campustown | Student Apartments1x11BR,1BA$1.21

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 Cambridge, IA Rentals by Map

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Frequently Asked Questions about Cheap Cambridge Apartments

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

The lowest price for a Cheap One Bedroom Cambridge Apartment is $1,000 at Village Park.

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

Today's best deal for a Cheap Two Bedroom Apartment in Cambridge is starting from $800 at Northridge Apartments.

What is the most affordable Cambridge Three Bedroom Apartment?

The best deal on a cheap Cambridge Three Bedroom Apartment rental is at Copper Beech and starts from $660.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.