Cheap Homes for Rent in Dayton, IA from $500 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

Dayton, IA Local Guide

Cheapest Available Dayton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Dayton, IA is a Studio unit found at Hickory Ridge Apartments in the Eagle Ridge neighborhood priced from $725. The Briza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Dayton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$725
The BrizaRenovated 1 Bedroom1BR,1BA$775
College Creek Apartments2 Beds, 1 bath2BR,1BA$845

Best Value Apartments for Rent in Dayton, IA and Nearby

As of October 07, 2025 the best value apartment in the Dayton area is the $1.05 price per square foot 3505 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,280. The second greatest value Dayton apartment is the 3 Beds / 2 Baths Model at 802 Dickinson Ave starting at $1,200 with a $0.92 price per square foot in the Fountainview neighborhood. Here is today’s list of the best values for Dayton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walnut Ridge3505 Lincoln Way ( 4 bdrm )4BR,3BA$1.05
802 Dickinson Ave3 Beds / 2 Baths3BR,2BA$0.92
Tripp Street Apartments4 Bedroom/2 Bathroom4BR,2BA$0.24
The Madison3x3 Unfurnished3BR,3BA$0.47
Alpine Manor Apartments3 Bedroom, 2 Bath Remodel3BR,2BA$1.12
Western Hills Apartments2 Beds, 2 baths2BR,2BA$1.05
The Allure at Rivers Edge2 Bed/2bath2BR,2BA$1.22
SUNDANCE BOONE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$1.08
College Creek Apartments2 Beds, 1 bath2BR,1BA$1.04
The Social West Ames®Beckett A Renovated - Station2BR,2BA$0.79

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Dayton, IA Rentals by Map

View Map
Dayton, IA Apartments Map
View Map
Dayton, IA Rental Homes Map

Frequently Asked Questions about Dayton

What type of rentals are currently available in Dayton?

There are currently 54 Apartments for Rent in Dayton, IA with pricing that ranges from $384 to $2,775. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dayton ranging from $500 to $3,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Dayton ranges from $500 to $3,200 with an average monthly rent of $1,807.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Dayton range from $509 to $2,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $384.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.