108 Main St N
Grand MeadowMN55936
Cheap Homes for Rent in Carpenter, IA from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Carpenter.
207 E 4th St
Albert LeaMN56007
702 E Main St
Albert LeaMN56007
110 S 4th Ave W
Lake MillsIA50450
101 1/2 N Mill St
Lake MillsIA50450
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.
121 Clinton St
AustinMN55912
930 S Broadway Ave
Albert LeaMN56007
1203 11th St NW
AustinMN55912
303 Chestnut St
OsageIA50461
203 4th Ave S
Clear LakeIA50428
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.
511 5th Ave NW
AustinMN55912
511 5th Ave NW
AustinMN55912
1102 3rd St NW
AustinMN55912
1102 3rd St NW
AustinMN55912
240 E Rice St
OwatonnaMN55060
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.
Showing Results 1-15, Page 1 of 1
Carpenter, IA Local Guide
Iowa Field by Carl Wycoff is licensed under CC BY 2.0
How much does it cost to rent a home in Carpenter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carpenter 2 Bedroom Homes for Rent | $1,286 | $850 | $2,050 |
| Carpenter 3 Bedroom Homes for Rent | $1,462 | $1,000 | $2,250 |
| Carpenter 4 Bedroom Homes for Rent | $2,729 | $2,195 | $4,600 |
| Carpenter 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
| Carpenter 6 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Carpenter
Explore Carpenter
Carpenter, IA Local Guide
- Nearby Cities
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Cheapest Available Carpenter Apartments for Rent and Nearby
The cheapest available apartment rental in Carpenter, IA is a 1 Bed unit found at Shalom Tower II priced from $405. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shalom Tower II | Tower I Efficiency | 1BR,1BA | $405 |
| Key Apartments | Efficiency | Studio,1BA | $500 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $525 |
| Key West Apartments | Studio | Studio,1BA | $550 |
| CityView Apartments | Studio | Studio,1BA | $650 |
Best Value Apartments for Rent in Carpenter, IA and Nearby
As of June 01, 2026 the best value apartment in the Carpenter area is the $1.09 price per square foot 2 Bedroom Loft Model at Skye Lofts Apartments in the starting from $1,490. The second greatest value Carpenter apartment is the 2 Bedroom 2 Bathroom Model at South Pointe Apartments starting at $1,430 with a $1.30 price per square foot in the Downtown Owatonna neighborhood. Here is today’s list of the best values for Carpenter apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Skye Lofts Apartments | 2 Bedroom Loft | 2BR,1.5BA | $1.09 |
| South Pointe Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
| Cottages of Stewartville | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.25 |
| Northern Place Apartments | Two Bed + Den | 2BR,1BA | $1.18 |
| Meadow Lake of Clear Lake Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.97 |
| Kee Valley Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.14 |
| CityView Apartments | 2 bedroom | 2BR,1BA | $1.08 |
| Shalom Tower II | Tower II - One Bedroom | 1BR,1BA | $0.73 |
| 105 Main St S | 2-bedroom | 2BR,1BA | $1.29 |
| 18 S Adams Ave | One Bedroom | 1BR,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.
Read Article
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.
Read ArticleQuick 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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Explore Carpenter, IA Rentals by Map
See the most popular apartments and homes in Carpenter, IA
Frequently Asked Questions about Carpenter
What type of rentals are currently available in Carpenter?
There are currently 45 Apartments for Rent in Carpenter, IA with pricing that ranges from $405 to $3,408. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpenter ranging from $650 to $4,600.
What is the current price range for Rental Homes in Carpenter?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Carpenter ranges from $650 to $4,600 with an average monthly rent of $1,898.
How much are larger Three and Four Bedroom Rentals in Carpenter?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Carpenter range from $935 to $3,408, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,250. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $937.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.