Cheap Apartments for Rent in Cambridge, IA from $400 (46 Rentals)

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

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312 Sycamore St
Studio to 3 Bedroom Apartments

312 Sycamore St

312 Sycamore StCambridge, IA 50046
  • Utilities Included

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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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.

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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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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
property at 919 6th St

$725 - $850

1 Bedroom Rentals

Available Now

919 6th St

NevadaIA50201
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Tall Timber Apartments
Studio to 3 Bedroom Apartments

Tall Timber Apartments

644 Stonehaven DrAmes, IA 50010
  • 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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Laverne Apartments
2 to 3 Bedroom Apartments

Laverne Apartments

919 S 16th StAmes, IA 50010
  • Utilities Included
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Cardinal Terrace
1 to 2 Bedroom Apartments

Cardinal Terrace

211 Lynn AveAmes, IA 50014
Student Housing
  • Utilities Included
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South View
2 Bedroom Apartments

South View

209-227 S 5th StAmes, IA 50010
Student Housing
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525 Welch Ave
1 to 2 Bedroom Apartments

525 Welch Ave

525 Welch AveAmes, IA 50014
Student Housing
  • Utilities Included
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Aurora Heights
1 to 2 Bedroom Apartments

Aurora Heights

2110-2126 Cottonwood RdAmes, 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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228-232 Welch Ave
1 to 2 Bedroom Apartments

228-232 Welch Ave

228-232 Welch AveAmes, IA 50014
Student Housing
  • Utilities Included
Showing Results 1-46, Page 1 of 1

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 Campustown in the Somerset neighborhood priced from $489. Copper Beech in the South Ames neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $595. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Campustown200 Stanton Ave - 3 Bed - 1 Bath - C - UF3BR,1BA$489
Copper Beech4BR/4.5BA4BR,4BA$595
The Grove3BR/3BA Upgraded3BR,3BA$599
304 Welch AveStudioStudio,1BA$635
Brick Towne at Piper1x11BR,1BA$800
East Park Village Apartments2BR Upper2BR,1BA$880
Park Place Apartments2BR Upper2BR,1BA$880
South Meadow2 BR 1 BA - Savannah1BR,1BA$895
Crystal Street Apartments2br/2ba2BR,2BA$925
1108 S. 4th Street3 Bed/ 1.5 Bath3BR,1BA$980

Best Value Apartments for Rent in Cambridge, IA and Nearby

As of July 29, 2026 the best value apartment in the Cambridge area is the $1.22 price per square foot 3 Bedroom TH Model at Brick Towne Ames in the in the South Ames neighborhood starting from $2,200. The second greatest value Cambridge apartment is the 200 Stanton Ave - 3 Bed - 1 Bath - A - UF Model at Campustown starting at $584 with a $0.45 price per square foot in the Somerset 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.
Brick Towne Ames3 Bedroom TH3BR,3BA$1.22
Campustown200 Stanton Ave - 3 Bed - 1 Bath - A - UF3BR,1BA$0.45
The Grove3BR/3BA Upgraded3BR,3BA$0.48
Northgate Apartments3 bedroom 2 bath3BR,2BA$1.10
1108 S. 4th Street3 Bed/ 1.5 Bath3BR,1.5BA$0.98
Crystal Street Apartments2br/2ba2BR,2BA$1.05
South ViewCompass2BR,1BA$1.20
Park Place Apartments2BR Upper2BR,1BA$1.22
The LoftsTwo Bedroom2BR,1BA$0.78
Brick Towne at Piper1x11BR,1BA$1.19

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!

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 $800 at Brick Towne at Piper.

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 Copper Beech.

What is the most affordable Cambridge Three Bedroom Apartment?

The best deal on a cheap Cambridge Three Bedroom Apartment rental is at Campustown and starts from $489.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.