Cheap Apartments for Rent near Carpenter, IA from $500 (60 Rentals)

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

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.

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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Parkview Place
Rent Specials
$1,110 - $1,460
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,345
Required Monthly Fees
$115

Total Monthly Price
$1,110 - $1,460
1 to 3 Bedroom Apartments Available Now

Parkview Place

303 27th St SWAustin, MN 55912
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Kodiak Apartments
Rent Specials
$1,200 - $3,408
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $3,408

Total Monthly Price
$1,200 - $3,408
1 to 3 Bedroom Apartments Available Now

Kodiak Apartments

308 9th Ave NEByron, MN 55920
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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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Mill on Main I & II
Rent Specials
$1,239 - $2,459
Total Monthly Price

Total Monthly Price

Base Rent
$1,239 - $2,459

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Mill on Main I & II

704 1st Dr NWAustin, MN 55912
Transit Friendly
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SoRoc on Maine
Rent Specials
$1,290 - $2,865
Total Monthly Price

Total Monthly Price

Base Rent
$1,290 - $2,865

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

SoRoc on Maine

4850 Maine Ave SERochester, MN 55904
Furnished
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Shalom Tower II
1 Bedroom Apartments

Shalom Tower II

321 4th St NEMason City, IA 50401
Senior Living
  • 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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The Manor
1 to 2 Bedroom Apartments

The Manor

4 3rd St NWMason City, IA 50401
Senior Living
property at 107 Main St E

$825 - $845

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

1 Bedroom Rentals

Available Now

107 Main St E

Clarks GroveMN56016
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Grant Village
1 Bedroom Apartments

Grant Village

815-843 6th St SWMason City, IA 50401
Senior Living
  • Utilities Included
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Clifton Apartments
1 to 2 Bedroom Apartments

Clifton Apartments

1999 Hartle AveOwatonna, MN 55060
  • Utilities Included

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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.

Carpenter, IA Local Guide

Cheapest Available Carpenter Apartments for Rent and Nearby

 

The cheapest available apartment rental in Carpenter, IA is a 1 Bed unit found at Regency Apartments priced from $200. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Carpenter apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Regency Apartments1 BD1BR,1BA$200
Key ApartmentsEfficiencyStudio,1BA$500
18 S Adams AveOne Bedroom1BR,1BA$525
Key West ApartmentsStudioStudio,1BA$550
City Center Kent Apartments1 Bedroom1BR,1BA$800
CityView Apartments2 Bed / 1 Bath2BR,1BA$865
Irish Hospital Apartments2BD/1BA2BR,1BA$925
Northern Place ApartmentsTwo Bedroom2BR,1BA$975
The Delaware - Luxury Apartment's in Mason City!StudioStudio,1BA$995
Webster ApartmentsApt. 012BR,1BA$1,035

Best Value Apartments for Rent in Carpenter, IA and Nearby

As of August 31, 2026 the best value apartment in the Carpenter area is the $1.10 price per square foot 2BR/1.5BA Model at Skye Lofts Apartments in the starting from $1,500. The second greatest value Carpenter apartment is the Three Bedroom Two Bath - 1078 Sq.Ft Model at Kodiak Apartments starting at $1,575 with a $1.46 price per square foot . Here is today’s list of the best values for Carpenter apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Skye Lofts Apartments2BR/1.5BA2BR,1.5BA$1.10
Kodiak ApartmentsThree Bedroom Two Bath - 1078 Sq.Ft3BR,2BA$1.46
UNION HOUSE APARTMENTS3 Bed 2 Bath3BR,2BA$1.26
The Meadows2 Bedroom 1 Bathroom2BR,1BA$1.28
Northern Place ApartmentsTwo Bedroom2BR,1BA$1.08
Lincoln Apartments LLCApt. 082BR,1BA$1.46
CityView Apartments2 Bed / 1 Bath2BR,1BA$1.10
City Center Kent Apartments1 Bedroom1BR,1BA$1.33
Regency Apartments1 BD1BR,1BA$0.35
18 S Adams AveOne Bedroom1BR,1BA$0.95

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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Frequently Asked Questions about Cheap Carpenter Apartments

What is the Cheapest Studio apartment in Carpenter?

Currently the most affordable Cheap Studio Apartment in Carpenter is at Key Apartments listed at $500.

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

The lowest price for a Cheap One Bedroom Carpenter Apartment is $200 at Regency Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Carpenter is starting from $865 at CityView Apartments.

What is the most affordable Carpenter Three Bedroom Apartment?

The best deal on a cheap Carpenter Three Bedroom Apartment rental is at UNION HOUSE APARTMENTS and starts from $1,325.

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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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.