Cheap Apartments for Rent near Eldon, IA from $300 (66 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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630 N 6th St
Studio to 1 Bedroom Apartments

630 N 6th St

630 N 6th StBurlington, IA 52601
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Louden Lofts
Studio to 3 Bedroom Apartments

Louden Lofts

607 W Broadway AveFairfield, IA 52556
  • Utilities Included

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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Chateau Apartments
1 to 2 Bedroom Apartments

Chateau Apartments

114 26th StFort Madison, IA 52627
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1833 Curtis Ave
1 to 2 Bedroom Apartments

1833 Curtis Ave

1833 Curtis AveChariton, IA 50049
Corporate Housing
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Washington Apartments
1 to 3 Bedroom Apartments

Washington Apartments

539 W 4th StOttumwa, IA 52501
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Keokuk Family Flats
1 to 3 Bedroom Apartments

Keokuk Family Flats

2812 Lincoln AveKeokuk, IA 52632
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Tisdale Apartments
2 Bedroom Apartments

Tisdale Apartments

232 E 4th StOttumwa, IA 52501
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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
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501 S Osteopathy Ave
1 Bedroom Apartments

501 S Osteopathy Ave

501 S Osteopathy AveKirksville, MO 63501
Student Housing
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Mediapolis Village
2 to 4 Bedroom Apartments

Mediapolis Village

510 Wapello St SMediapolis, IA 52637

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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Eldon, IA Local Guide

Cheapest Available Eldon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Eldon, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. Rollins Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $415. Here is today’s list of the most affordable Eldon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserves at South Lake1B1B1BR,1BA$395
Rollins Apartments0BR/1.0BAStudio,1BA$415
Centerville Senior LoftsThe Dublin2BR,1BA$600
Washington Apartments2.1A 40%2BR,1BA$706
Caspian Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$715
Green Gable CottagesGreen Gable 1 Bedroom1BR,1BA$750
Park Madison Apartments1BR/1BA1BR,1BA$750
Bel Aire Apartments2 Bedrooms2BR,1BA$795
Orchard MeadowsB1 Partially Renovated2BR,1BA$795
Northern Plains by KadingCottage - 22BR,1BA$795

Best Value Apartments for Rent in Eldon, IA and Nearby

As of July 24, 2026 the best value apartment in the Eldon area is the $0.76 price per square foot 2 Bedroom Model at Nemitz Hall in the in the Threshers Meadows neighborhood starting from $1,095. The second greatest value Eldon apartment is the 2x1 Model at Westland Village starting at $850 with a $0.89 price per square foot in the Ginger Ridge neighborhood. Here is today’s list of the best values for Eldon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nemitz Hall2 Bedroom2BR,2BA$0.76
Westland Village2x12BR,1BA$0.89
Hawthorne Townhomes2 Bedrooms 2 Bath2BR,1.5BA$0.91
Alice Place West Burlington2-Bedroom2BR,1BA$0.90
Centerville Senior LoftsThe Dearborn2BR,1BA$0.83
Orchard MeadowsB1 Partially Renovated2BR,1BA$0.90
Northern Plains by KadingCottage - 22BR,1BA$0.94
Park Madison Apartments1BR/1BA1BR,1BA$1.00
The Reserves at South Lake1B1B1BR,1BA$0.61
Rollins Apartments0BR/1.0BAStudio ,1BA$0.83

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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Real 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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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 Eldon, IA Rentals by Map

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See the most popular apartments and homes in Eldon, IA

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Frequently Asked Questions about Cheap Eldon Apartments

What is the Cheapest Studio apartment in Eldon?

Currently the most affordable Cheap Studio Apartment in Eldon is at Rollins Apartments listed at $415.

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

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

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

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

What is the most affordable Eldon Three Bedroom Apartment?

The best deal on a cheap Eldon Three Bedroom Apartment rental is at School House Apartments and starts from $1,075.

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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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.

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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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.