Cheap Homes for Rent in Colfax, IA from $700 (10 Rentals)

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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.

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.

Colfax, IA Local Guide

Cheapest Available Colfax Apartments for Rent and Nearby

 

The cheapest available apartment rental in Colfax, IA is a 1 Bed unit found at Hunters Run priced from $550. Parkside Luxury Apartments in the Meadow Brook North neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Colfax apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunters RunA11BR,1BA$550
Parkside Luxury ApartmentsS1 AvaStudio,1BA$650
Hotel Maytag ApartmentsStudio1BR,1BA$725

Best Value Apartments for Rent in Colfax, IA and Nearby

As of October 14, 2025 the best value apartment in the Colfax area is the $1.05 price per square foot 3BR/2BA Model at Altoona Park Apartments in the in the Altoona Meadows neighborhood starting from $1,150. The second greatest value Colfax apartment is the Villa Model at Yellowbanks starting at $1,295 with a $1.28 price per square foot in the Golf View Heights neighborhood. Here is today’s list of the best values for Colfax apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
YellowbanksVilla3BR,1BA$1.28
Rock Creek Condos2 Bedroom2BR,2BA$1.18
SUNDANCE NEWTON APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$1.02
Ironwood1x1 Elm1BR,1BA$1.17
Hunters RunB22BR,1BA$0.82
Triple Crown Altoona Cooperative2BR2BR,1BA$1.18
Woodland Heights2 Bed 1 Bath2BR,1BA$1.00
409 4th St NE2BR 1BA2BR,1BA$1.07
Newton Park Apartments2BR - 30% Gross Income2BR,1BA$1.20

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Colfax

What type of rentals are currently available in Colfax?

There are currently 43 Apartments for Rent in Colfax, IA with pricing that ranges from $550 to $2,864. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colfax ranging from $700 to $3,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Colfax ranges from $700 to $3,200 with an average monthly rent of $1,814.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Colfax range from $779 to $2,864, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,290 to $2,450. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,421.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.