
Cheap Apartments for Rent in Centerville, IA from $415 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in Centerville.


The Landings Apartments

Karlton Apartments

Biston Apartments

Jefferson Building

Rollins Apartments

EMERALD HILL APARTMENTS

Country Club Estates

Hunters Run

Melbourne
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.

Next Level Apartments - Easton Village

Foxwood Apartments

Sunset Apartments

The Ridges

Dennis Park Apartments

Indianola Park II Apartments

Orchard Meadows

Total Monthly Price
Northern Plains by Kading

Deer Run Apartments

Fish Creek
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.

Prairie Meadows Apartments

Burbank Village Apartments

Lyn Crossing

Linden East Apartments

Norwalk Meadows

Total Monthly Price
Vesta Village by Kading

Somerset

High Pointe

Washington Apartments

Villa's on Bell
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.

Schoolyard Rowhomes

Allure at 57

Total Monthly Price
Osceola Heights by Kading

810 W 15th St

Linden West

Sunset Terrace

Carman Estates

Emerald Reserve Indianola

The Vineyards

Flats on 5th
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.

Total Monthly Price
Southern Horizon by Kading

220 E Robard St

Fairfield Park II Apartments

Louden Lofts

1833 Curtis Ave

Norwalk Park Apartments

Tisdale Apartments

Carlisle Park Apartments

Indianola Park Apartments

East Park Apartments
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.
Centerville, IA Local Guide

How much does it cost to rent an apartment in Centerville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Centerville Studio Apartments | $705 | $415 | $995 |
| Centerville 1 Bedroom Apartments | $860 | $470 | $1,380 |
| Centerville 2 Bedroom Apartments | $975 | $680 | $1,965 |
| Centerville 3 Bedroom Apartments | $1,278 | $870 | $1,795 |
Browse Top Apartments in Centerville
See all Apartments in CentervilleExplore Centerville
Centerville, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Centerville Apartments for Rent and Nearby
 The cheapest available apartment rental in Centerville, IA is a 1 Bed unit found at Rollins Apartments priced from $470. Next Level Apartments - Easton Village in the Easton Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Centerville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rollins Apartments | 1 Bedroom | 1BR,1BA | $470 |
| Next Level Apartments - Easton Village | A1 | 1BR,1BA | $695 |
| Foxwood Apartments | A2 | 1BR,1BA | $700 |
| Orchard Meadows | B1 Classic | 2BR,1BA | $750 |
| Indianola Park II Apartments | 1BR Upper | 1BR,1BA | $750 |
| Indianola Park Apartments | 1BR Upper | 1BR,1BA | $750 |
| Dennis Park Apartments | B1 | 2BR,1BA | $753 |
| Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $795 |
| Deer Run Apartments | B1 | 2BR,1BA | $800 |
| Melbourne | B2 - 60 - Income Restricted | 2BR,2BA | $813 |
Best Value Apartments for Rent in Centerville, IA and Nearby
As of September 07, 2026 the best value apartment in the Centerville area is the $1.04 price per square foot Cottage - 3 Model at Terrace View by Kading in the starting from $1,295. The second greatest value Centerville apartment is the 3 Bedroom - TH Model at The Meadows starting at $1,200 with a $1.04 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Centerville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Terrace View by Kading | Cottage - 3 | 3BR,2BA | $1.04 |
| The Meadows | 3 Bedroom - TH | 3BR,2BA | $1.04 |
| Osceola Heights by Kading | Villa | 3BR,1BA | $1.00 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Orchard Meadows | B1 Partially Renovated | 2BR,1BA | $0.90 |
| Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $0.94 |
| Sunset Apartments | 2bd, 1ba | 2BR,1BA | $1.03 |
| Deer Run Apartments | B1 | 2BR,1BA | $1.00 |
| Dennis Park Apartments | B1 | 2BR,1BA | $0.94 |
| Rollins Apartments | 1 Bedroom | 1BR,1BA | $0.70 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Best Local Schools in Centerville, IA
Lakeview Elementary School
Centerville High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Centerville, IA Rentals by Map
See the most popular apartments and homes in Centerville, IA
Frequently Asked Questions about Cheap Centerville Apartments
How much is rent for a Cheap One Bedroom Centerville Apartment?
The lowest price for a Cheap One Bedroom Centerville Apartment is $470 at Rollins Apartments.
What is the lowest price for a Cheap Two Bedroom Centerville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Centerville is starting from $750 at Next Level Apartments - Easton Village.
What is the most affordable Centerville Three Bedroom Apartment?
The best deal on a cheap Centerville Three Bedroom Apartment rental is at Next Level Apartments - Easton Village and starts from $870.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.