Cheap Apartments for Rent in Elkader, IA from $500 (61 Rentals)

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

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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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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131 S Vine St
1 to 2 Bedroom Apartments

131 S Vine St

131 S Vine StWest Union, IA 52175
  • Utilities Included
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Monticello Apartments
1 to 2 Bedroom Apartments

Monticello Apartments

716 N Birch StMonticello, IA 52310
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124-136 Earl St
1 to 2 Bedroom Apartments

124-136 Earl St

124-136 Earl StEvansdale, IA 50707
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725 Duggan Dr
2 to 3 Bedroom Apartments

725 Duggan Dr

725 Duggan DrDubuque, IA 52003

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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property at 1131 Main St

$875

3 Bedroom Rentals

Available Now

1131 Main St

DubuqueIA52001
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3090 N Grandview Ave
2 Bedroom Apartments

3090 N Grandview Ave

3090 N Grandview AveDubuque, IA 52001
  • Utilities Included

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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Elkader, IA Local Guide

Cheapest Available Elkader Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elkader, IA is a 1 Bed unit found at The Meadows Apartments in the Southlawn Court neighborhood priced from $620. Monticello Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Elkader apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$620
Monticello Apartments1 Bedroom 1 Bathroom1BR,1BA$645
15 E Main St1 Bed, 1 bath1BR,1BA$650
Russell LamsonStudioStudio,1BA$695
Prairie View Apartments32 Unit - EfficiencyStudio,1BA$725
533 W Cherry StUnit 2Studio,1BA$725
Maplewood Glen1 Bed 1 Bath1BR,1BA$833
Union at North Crossing1 Bed 1 Bath1BR,1BA$850
Edgemont Park ApartmentsOne Bedroom Apartment With Balcony At Top Rated...1BR,1BA$895
Leavitt Street Apartments***FIRST MONTH FREE!*** 2 Bed 1 Bath | Leavitt ...2BR,1BA$920

Best Value Apartments for Rent in Elkader, IA and Nearby

As of June 19, 2026 the best value apartment in the Elkader area is the $0.78 price per square foot 3 Bed 2 Bath Model at Super 20 Mobile Home Park in the starting from $995. The second greatest value Elkader apartment is the Two Bedroom (A2) Model at Arrow Ridge starting at $1,330 with a $1.11 price per square foot . Here is today’s list of the best values for Elkader apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Super 20 Mobile Home Park3 Bed 2 Bath3BR,2BA$0.78
Arrow RidgeTwo Bedroom (A2)2BR,1BA$1.11
Lawler School Lofts3BR/2B3BR,2BA$0.85
1182 Locust StApt 41BR,1BA$0.98
West Brook ApartmentsBrand New 2 Bedroom/2 Bathroom Units at West Br...2BR,2BA$1.15
15 E Main St1 Bed, 1 bath1BR,1BA$0.65
Penn Place Apartments2 Bedroom/2 Bath2BR,1.5BA$1.06
Maplewood Glen1 Bed 1 Bath1BR,1BA$1.17
533 W Cherry StUnit 2Studio ,1BA$1.07
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$1.03

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 Elkader, IA Rentals by Map

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See the most popular apartments and homes in Elkader, IA

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Frequently Asked Questions about Cheap Elkader Apartments

What is the Cheapest Studio apartment in Elkader?

Currently the most affordable Cheap Studio Apartment in Elkader is at Russell Lamson listed at $695.

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

The lowest price for a Cheap One Bedroom Elkader Apartment is $620 at The Meadows Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elkader is starting from $745 at Monticello Apartments.

What is the most affordable Elkader Three Bedroom Apartment?

The best deal on a cheap Elkader Three Bedroom Apartment rental is at The Meadows Apartments and starts from $850.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.