Cheap Apartments for Rent in Elberon, IA from $300 (16 Rentals)

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

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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Stella Townhomes
1 to 4 Bedroom Apartments

Stella Townhomes

1236 Bliss StreetGrinnell, IA 50112
  • Utilities Included

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 Tallcorn
1 to 2 Bedroom Apartments

The Tallcorn

134 E Main StMarshalltown, IA 50158
  • Utilities Included
property at 420 Water St

$650 - $725

1 To 2 Bedroom Rentals

Available Now

420 Water St

Center PointIA52213
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425 McClellan St
1 to 2 Bedroom Apartments

425 McClellan St

425 McClellan StTama, IA 52339
  • Utilities Included

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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Elberon, IA Local Guide

Cheapest Available Elberon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elberon, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. Shamrock Apartments in the Usher's Ferry Historic Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $555. Here is today’s list of the most affordable Elberon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserves at South Lake1B1B1BR,1BA$395
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$555
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$575
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Southview ApartmentsSouthview 1 bedroom Classic1BR,1BA$650

Best Value Apartments for Rent in Elberon, IA and Nearby

As of January 13, 2026 the best value apartment in the Elberon area is the $0.50 price per square foot 3BR/2BA Model at Hawkeye Towers (new) in the starting from $505. The second greatest value Elberon apartment is the 2 Bedroom 1 Bathroom Model at THE ARBORS APARTMENTS starting at $825 with a $0.83 price per square foot in the East Gate Estates neighborhood. Here is today’s list of the best values for Elberon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hawkeye Towers (new)3BR/2BA3BR,2BA$0.50
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.83
Spaulding LoftsB6 - Income Restricted2BR,2BA$0.97
Westgate ApartmentsTwo Bedroom2BR,1BA$1.08
SUNDANCE MARSHALLTOWN APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$0.97
Pharaohs ValleyB12BR,1BA$0.92
Olive Terrace ApartmentsB12BR,1BA$0.92
The AvenueThe Plaza1BR,1BA$1.08
Shamrock ApartmentsArrowridge small 2 bedroom2BR,1BA$1.05
The Reserves at South Lake1B1B1BR,1BA$0.61

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

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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 Elberon, IA Rentals by Map

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Frequently Asked Questions about Cheap Elberon Apartments

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

The lowest price for a Cheap One Bedroom Elberon Apartment is $395 at The Reserves at South Lake.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elberon is starting from $470 at The Reserves at South Lake.

What is the most affordable Elberon Three Bedroom Apartment?

The best deal on a cheap Elberon Three Bedroom Apartment rental is at The Reserves at South Lake and starts from $536.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!