Cheap Homes for Rent in Centerville, IA from $500 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in Centerville.

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Centerville, IA Local Guide

Cheapest Available Centerville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Centerville, IA is a 1 Bed unit found at Hunters Run priced from $605. Foxwood Apartments in the Easton Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $638. Here is today’s list of the most affordable Centerville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunters RunA21BR,1BA$605
Foxwood ApartmentsB22BR,1BA$638
Halls of Brookfield - 55+ Years2 Bed 1 Bath2BR,1BA$685
Northern Plains by KadingCottage - 22BR,1BA$695
Next Level Apartments - Deer RunB12BR,1BA$701

Best Value Apartments for Rent in Centerville, IA and Nearby

As of July 24, 2025 the best value apartment in the Centerville area is the $0.84 price per square foot Unit 81 Model at Fairfield Estates in the starting from $1,057. The second greatest value Centerville apartment is the 2 Bedroom Model at The Meadows starting at $795 with a $0.85 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fairfield EstatesUnit 814BR,2BA$0.84
The Meadows2 Bedroom2BR,1BA$0.85
Northern Plains by KadingCottage - 22BR,1BA$0.83
Halls of Brookfield - 55+ Years2 Bed 1 Bath2BR,1BA$0.83
Sunset Apartments2bd, 1ba2BR,1BA$0.96
Foxwood ApartmentsB12BR,1BA$0.83
Louden LoftsTwo Bedroom2BR,2BA$1.00
Next Level Apartments - Deer RunB12BR,1BA$0.88
The Landings ApartmentsTwo Bedroom2BR,1BA$0.91
Hunters RunA21BR,1BA$0.86

Quick Rent Budget Calculator

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Frequently Asked Questions about Centerville

What type of rentals are currently available in Centerville?

There are currently 48 Apartments for Rent in Centerville, IA with pricing that ranges from $550 to $1,826. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Centerville ranging from $585 to $3,200.

What is the current price range for Rental Homes in Centerville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Centerville ranges from $585 to $3,200 with an average monthly rent of $1,589.

How much are larger Three and Four Bedroom Rentals in Centerville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Centerville range from $825 to $1,826, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,295. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $1,057.

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.

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

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.