Cheap Apartments for Rent in Diagonal, IA from $500 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in Diagonal.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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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.

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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.

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Maryville Meadows
2 to 3 Bedroom Apartments

Maryville Meadows

324 E Summit DrMaryville, MO 64468
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303 W Lowell Ave
1 to 2 Bedroom Apartments

303 W Lowell Ave

303 W Lowell AveShenandoah, IA 51601
Corporate Housing
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1833 Curtis Ave
1 to 2 Bedroom Apartments

1833 Curtis Ave

1833 Curtis AveChariton, IA 50049
Corporate Housing
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 2

Diagonal, IA Local Guide

Cheapest Available Diagonal Apartments for Rent and Nearby

 

The cheapest available apartment rental in Diagonal, IA is a 1 Bed unit found at Parkway Village Apartments priced from $540. Red Oak 48-Unit (City View Apartments) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Diagonal apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkway Village ApartmentsOne Bedroom1BR,1BA$540
Red Oak 48-Unit (City View Apartments)1 Bedroom1BR,1BA$695
Park Avenue Apartments2 Bed2BR,1BA$695
Next Level Apartments - Easton VillageA11BR,1BA$695
Sunset ApartmentsStudio, 1 baStudio,1BA$725
Timber Creek Apartments1 Bed/1 Bath1BR,1BA$725
University PointVO 2X12BR,1BA$725
Forest Cove2 Bedroom, 1 Bath2BR,1BA$725
Foxwood ApartmentsA11BR,1BA$725
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755

Best Value Apartments for Rent in Diagonal, IA and Nearby

As of May 02, 2026 the best value apartment in the Diagonal area is the $1.04 price per square foot Platinum Pointe - 3 Bed Model at Platinum Pointe Townhomes in the starting from $2,500. The second greatest value Diagonal apartment is the Cottage - 3 Model at Northern Plains by Kading starting at $1,085 with a $0.88 price per square foot . Here is today’s list of the best values for Diagonal apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Platinum Pointe TownhomesPlatinum Pointe - 3 Bed3BR,3BA$1.04
Northern Plains by KadingCottage - 33BR,2BA$0.88
Linden West2 bed 2 bath w/out laundry2BR,2BA$1.05
Linden East ApartmentsTwo Bed2BR,1BA$1.00
University PointVO2X1R2BR,1BA$0.96
Forest Cove2 Bedroom, 1 Bath2BR,1BA$0.89
Park Avenue Apartments2 Bed2BR,1BA$0.87
Country Club Estates2 Bedroom 1 Bathroom2BR,1BA$1.04
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Parkway Village ApartmentsTwo Bedroom (updated)2BR,1BA$0.99

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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

Explore Diagonal, IA Rentals by Map

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See the most popular apartments and homes in Diagonal, IA

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Frequently Asked Questions about Cheap Diagonal Apartments

What is the Cheapest Studio apartment in Diagonal?

Currently the most affordable Cheap Studio Apartment in Diagonal is at Sunset Apartments listed at $725.

How much is rent for a Cheap One Bedroom Diagonal Apartment?

The lowest price for a Cheap One Bedroom Diagonal Apartment is $540 at Parkway Village Apartments.

What is the lowest price for a Cheap Two Bedroom Diagonal Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Diagonal is starting from $690 at Parkway Village Apartments.

What is the most affordable Diagonal Three Bedroom Apartment?

The best deal on a cheap Diagonal Three Bedroom Apartment rental is at Forest Cove and starts from $800.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.