
Cheap Homes for Rent in Central City, IA from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Central City.


980 Eisenhower Rd

1485 Meadowview Dr

420 Water St

138 33rd St Dr SE

1534 3rd Ave SE
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.

1209 O Ave Pl NE

1450 Meadowview Dr

74 Northwood Dr

1416 Oakland Rd NE

2903 Oakland Rd NE

124 10th St SW
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.
Central City, IA Local Guide

How much does it cost to rent a home in Central City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central City 2 Bedroom Homes for Rent | $1,130 | $715 | $1,950 |
| Central City 3 Bedroom Homes for Rent | $1,351 | $875 | $2,200 |
| Central City 4 Bedroom Homes for Rent | $1,800 | $1,500 | $2,300 |
Browse Top Homes for Rent in Central City
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Central City, IA Local Guide
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Cheapest Available Central City Apartments for Rent and Nearby
 The cheapest available apartment rental in Central City, IA is a 1 Bed unit found at Grand View Apartments priced from $440. Wedgewood Apartments in the Kenwood Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $445. Here is today’s list of the most affordable Central City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grand View Apartments | 1bd | 1BR,1BA | $440 |
| Wedgewood Apartments | 1 Bedroom | 1BR,1BA | $445 |
| Azure Apartments | 1bd | 1BR,1BA | $495 |
| Waterford Arms | 1-Bedroom 1-Bathroom | 1BR,1BA | $675 |
| Oakview | 1-Bedroom | 1BR,1BA | $675 |
Best Value Apartments for Rent in Central City, IA and Nearby
As of January 18, 2026 the best value apartment in the Central City area is the $0.83 price per square foot 2 Bedroom Flats Model at Regal Townhomes in the starting from $850. The second greatest value Central City apartment is the 2 Bedroom/1 Bath Model at Lynnwood Estates starting at $1,045 with a $1.05 price per square foot . Here is today’s list of the best values for Central City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Regal Townhomes | 2 Bedroom Flats | 2BR,1BA | $0.83 |
| Lynnwood Estates | 2 Bedroom/1 Bath | 2BR,1BA | $1.05 |
| Cambridge Townhomes | Two Bedroom, One Bath | 2BR,1BA | $0.98 |
| Cedar Trail Village | Two Bedroom ground with out patio | 2BR,1BA | $1.03 |
| Kerry Manor Apartments | 2 Bedroom x 1.5 Bath | 2BR,1.5BA | $1.04 |
| Waterford Arms | 1-Bedroom 1-Bathroom | 1BR,1BA | $1.00 |
| Seasons View Apartments | Seasons View | 1BR,1.5BA | $1.20 |
| Grand View Apartments | 1bd | 1BR,1BA | $0.82 |
| Azure Apartments | 1bd | 1BR,1BA | $0.95 |
| Wedgewood Apartments | 1 Bedroom | 1BR,1BA | $1.03 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Central City, IA
Central City Elementary School
Central City High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Central City
What type of rentals are currently available in Central City?
There are currently 45 Apartments for Rent in Central City, IA with pricing that ranges from $440 to $3,248. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central City ranging from $575 to $2,300.
What is the current price range for Rental Homes in Central City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central City ranges from $575 to $2,300 with an average monthly rent of $1,229.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!