Cheap Homes for Rent in Derby, IA from $600 (12 Rentals)

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Derby, IA Local Guide

Cheapest Available Derby Apartments for Rent and Nearby

 

The cheapest available apartment rental in Derby, IA is a 1 Bed unit found at Melbourne in the Southeast Des Moines neighborhood priced from $545. 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 Derby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
MelbourneA1 - 40 - Income Restricted1BR,1BA$545
Foxwood ApartmentsB22BR,1BA$638
Northern Plains by KadingCottage - 22BR,1BA$695
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$725
SomersetB32BR,1BA$734

Best Value Apartments for Rent in Derby, IA and Nearby

As of July 04, 2025 the best value apartment in the Derby area is the $1.11 price per square foot Telluride Model at High Pointe in the in the Prairie View neighborhood starting from $1,363. The second greatest value Derby apartment is the Prairie Model at Osceola Heights starting at $1,295 with a $1.09 price per square foot . Here is today’s list of the best values for Derby apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
High PointeTelluride3BR,2BA$1.11
Osceola HeightsPrairie3BR,2BA$1.09
The Meadows3 Bedroom3BR,2BA$0.91
Linden East ApartmentsTwo Bed2BR,1BA$1.00
The RidgesB1 - Deluxe2BR,1BA$1.06
Northern Plains by KadingCottage - 22BR,1BA$0.83
Foxwood ApartmentsB12BR,1BA$0.83
Next Level Apartments - Deer RunB12BR,1BA$1.03
SunburstTwo Bedroom-One Bath2BR,1BA$1.11
SomersetB12BR,1BA$1.10

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Frequently Asked Questions about Derby

What type of rentals are currently available in Derby?

There are currently 44 Apartments for Rent in Derby, IA with pricing that ranges from $545 to $1,868. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Derby ranging from $675 to $3,950.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Derby ranges from $675 to $3,950 with an average monthly rent of $1,774.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Derby range from $825 to $1,868, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,110 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,200.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.