
Cheap Homes for Rent near Derby, IA from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Derby.


215 Leland Ave

204 E Franklin Ave

417 E Wall Ave

1211 Lewis Ave

410 N Grant St

1321 Army Post Rd
Rent According to Income: A Look at Income-Restricted Rentals
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1010 Linden St

914 W 5th St

7106 SW 16th St

4805 S Union St

2012 E Caulder Ave

21 Leonard Ave

906 Lincoln St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Derby, IA Local Guide

How much does it cost to rent a home in Derby?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Derby 2 Bedroom Homes for Rent | $1,466 | $1,095 | $2,750 |
| Derby 3 Bedroom Homes for Rent | $1,896 | $1,095 | $2,950 |
| Derby 4 Bedroom Homes for Rent | $2,167 | $1,625 | $2,595 |
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Derby, IA Local Guide
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Cheapest Available Derby Apartments for Rent and Nearby
 The cheapest available apartment rental in Derby, IA is a 2 Beds unit found at Centerville Senior Lofts priced from $600. Foxwood Apartments in the Easton Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $701. Here is today’s list of the most affordable Derby apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Centerville Senior Lofts | The Dublin | 2BR,1BA | $600 |
| Foxwood Apartments | A2 | 1BR,1BA | $701 |
| Sunset Apartments | 1 bedroom, | Studio,1BA | $725 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $725 |
| Next Level Apartments - Easton Village | B1 | 2BR,1BA | $736 |
Best Value Apartments for Rent in Derby, IA and Nearby
As of August 05, 2026 the best value apartment in the Derby area is the $1.06 price per square foot 3 Bedroom Model at The Vineyards in the in the Southeast Des Moines neighborhood starting from $1,295. The second greatest value Derby apartment is the 3 Bedroom Model at The Meadows starting at $995 with a $0.95 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Derby apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Vineyards | 3 Bedroom | 3BR,2BA | $1.06 |
| The Meadows | 3 Bedroom | 3BR,2BA | $0.95 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Next Level Apartments - Easton Village | C1 | 3BR,1BA | $0.88 |
| Centerville Senior Lofts | The Dearborn | 2BR,1BA | $0.83 |
| Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
| Vesta Village by Kading | Cottage - 2 | 2BR,1BA | $1.09 |
| Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $0.94 |
| Deer Run Apartments | B1 | 2BR,1BA | $1.03 |
| Dennis Park Apartments | B1 | 2BR,1BA | $0.99 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Frequently Asked Questions about Derby
What type of rentals are currently available in Derby?
There are currently 60 Apartments for Rent in Derby, IA with pricing that ranges from $545 to $2,495. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Derby ranging from $650 to $2,950.
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 $650 to $2,950 with an average monthly rent of $1,720.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.