Cheap Apartments for Rent in Cambridge, IA from $400 (13 Rentals)

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312 Sycamore St
Studio to 3 Bedroom Apartments

312 Sycamore St

312 Sycamore StCambridge, IA 50046
  • Utilities Included

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
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.

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 The Quarters Ames in the South Ames neighborhood priced from $615. Oakwood in the Gateway Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Quarters AmesA - 3x33BR,3BA$615
Oakwood1 bedroom1BR,1BA$799
Northridge Apartments2 BR/ 1 BA2BR,1BA$800
Laverne ApartmentsTwo Bedroom, Two Bath2BR,2BA$875
Brick Towne at Piper1x11BR,1BA$1,000

Best Value Apartments for Rent in Cambridge, IA and Nearby

As of June 24, 2025 the best value apartment in the Cambridge area is the $0.65 price per square foot 2BR/2.5BA Model at Copper Beech at Ames in the in the South Ames neighborhood starting from $800. The second greatest value Cambridge apartment is the Three Bedroom, Two Bath Model at Laverne Apartments starting at $1,265 with a $1.05 price per square foot in the South Ames neighborhood. 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.
Copper Beech at Ames2BR/2.5BA2BR,2.5BA$0.65
Laverne ApartmentsThree Bedroom, Two Bath3BR,2BA$1.05
Total Property Management 528-530 Welch Ave.528 Welch Ave.4BR,2.5BA$1.33
The Quarters AmesA - 3x33BR,3BA$0.55
Avondale Trace CondosAC.2B.2B.B/P2BR,2BA$1.31
The Grove at Ames2BR/2BA2BR,2BA$0.73
Northridge Apartments2 BR/ 1 BA2BR,1BA$0.89
Wessex Apartments2 Bedroom / 1 Bathroom - 835 sq ft2BR,1BA$1.33
Oakwood1 bedroom1BR,1BA$1.07
Brick Towne at Piper1x11BR,1BA$1.49

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

Explore Cambridge, IA Rentals by Map

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Getting Around Cambridge, IA

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $799 at Oakwood.

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 The Quarters Ames and starts from $615.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.