
Cheap Apartments for Rent in Colo, IA from $400 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Colo.

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.

Gateway

Ferndale Furman Apartments

420 S 4th St

Oakwood
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.

Tall Timber Apartments

Somerset Apartments

2820 Buckingham Ct
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.

2117 Barr Dr

116 Shepard St

1014-1028 Shagbark Dr

1103 28th St
Navigating 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.

4406 Castlewood Pl

702 Carroll Ave
Colo, IA Local Guide

How much does it cost to rent an apartment in Colo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Colo Studio Apartments | $822 | $780 | $870 |
Colo 1 Bedroom Apartments | $873 | $675 | $1,100 |
Colo 2 Bedroom Apartments | $985 | $615 | $1,510 |
Colo 3 Bedroom Apartments | $956 | $465 | $2,600 |
Colo 4 Bedroom Apartments | $973 | $445 | $1,700 |
Browse Top Apartments in Colo
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Colo, IA Local Guide
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Cheapest Available Colo Apartments for Rent and Nearby
 The cheapest available apartment rental in Colo, IA is a 1 Bed unit found at Grandview Square Apartments in the Eagle Ridge neighborhood priced from $675. Melrose Park Apartments in the Eagle Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here is today’s list of the most affordable Colo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Grandview Square Apartments | 1 bedroom 1 bath | 1BR,1BA | $675 |
Melrose Park Apartments | 1 Bed, 1 bath | 1BR,1BA | $705 |
Oakwood | 1 bedroom | 1BR,1BA | $799 |
Northridge Apartments | 2 BR/ 1 BA | 2BR,1BA | $800 |
Crystal Street Apartments | 2br/2ba | 2BR,2BA | $875 |
Best Value Apartments for Rent in Colo, IA and Nearby
As of July 22, 2025 the best value apartment in the Colo area is the $0.65 price per square foot 2BR/2.5BA Model at Copper Beech at Ames in the in the South Ames neighborhood starting from $800. The second greatest value Colo apartment is the Three Bedroom, Two Bath Model at Laverne Apartments starting at $1,265 with a $1.05 price per square foot in the South Ames neighborhood. Here is today’s list of the best values for Colo apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Copper Beech at Ames | 2BR/2.5BA | 2BR,2.5BA | $0.65 |
Laverne Apartments | Three Bedroom, Two Bath | 3BR,2BA | $1.05 |
Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $0.78 |
The Grove at Ames | 2BR/2BA | 2BR,2BA | $0.73 |
Somerset Apartments | 2 Bedroom | 2BR,1BA | $1.18 |
2706 Kent Ave | 2706 Kent Ave ( 2 bedroom ) | 2BR,2BA | $1.23 |
Northridge Apartments | 2 BR/ 1 BA | 2BR,1BA | $0.89 |
Crystal Street Apartments | 2br/2ba | 2BR,2BA | $0.99 |
South View Apartments | Outlook | Renovated | 2BR,1BA | $1.25 |
Oakwood | 1 bedroom | 1BR,1BA | $1.07 |
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Getting Around Colo, IA
Walk Score®
10 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
27 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Colo Apartments
How much is rent for a Cheap One Bedroom Colo Apartment?
The lowest price for a Cheap One Bedroom Colo Apartment is $675 at Grandview Square Apartments.
What is the lowest price for a Cheap Two Bedroom Colo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Colo is starting from $775 at Grandview Square Apartments.
What is the most affordable Colo Three Bedroom Apartment?
The best deal on a cheap Colo Three Bedroom Apartment rental is at Crystal Street Apartments and starts from $1,025.
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.

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.

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.

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.

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.