
Studio Apartments for Rent in Elma, IA (14 Rentals)


Mill on Main

1200 Jade Apartments

River Place

Flats on 21

The River Apartments & Townhomes

The Delaware - Luxury Apartment's in Mason...

Preserve on Maine

Pilgrim Place Senior Housing (62+)

121 Main St S
Elma, IA Local Guide

How much does it cost to rent an apartment in Elma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Elma Studio Apartments | $950 | $405 | $1,364 |
| Elma 1 Bedroom Apartments | $1,145 | $495 | $1,879 |
| Elma 2 Bedroom Apartments | $1,460 | $700 | $3,271 |
| Elma 3 Bedroom Apartments | $1,569 | $750 | $2,594 |
| Elma 4 Bedroom Apartments | $937 | $937 | $937 |
Browse Top Apartments in Elma
See all Apartments in ElmaExplore Elma
Elma, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Elma and Nearby Studio Apartments
The largest available Studio apartment unit in Elma, IA is found at Palace Apartments and is 600 square feet priced from $1,090. The Delaware - Luxury Apartment's in Mason... has the second largest Studio, which is sized at 552 square feet and currently listed start at $721. Here is today’s list of the largest available Studio units in Elma:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Palace Apartments | Palace Apartments - Studio | 600 Sq Ft | $1,090 |
| The Delaware - Luxury Apartment's in Mason... | Studio F | 552 Sq Ft | $721 |
| The River Apartments & Townhomes | Studio Apartment | 550 Sq Ft | $820 |
| SoRoc on Maine | Aborgien | 542 Sq Ft | $1,260 |
| 1200 Jade Apartments | Studio | 534 Sq Ft | $945 |
Cheapest Available Elma and Nearby Studio Apartments
As of October 26, 2025 the lowest priced Studio apartment unit in Elma, IA is the Tower I Efficiency Model starting from $405 at Shalom Tower II . The second most affordable Elma Studio is the Efficiency Model at Key Apartments starting at $500 . The average price for all Studio apartments in Elma is currently $950. Here is today’s list of the cheapest available Studio options in Elma:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Shalom Tower II | Tower I Efficiency | $405 |
| Key Apartments | Efficiency | $500 |
| Key West Apartments | Studio | $550 |
| The Delaware - Luxury Apartment's in Mason... | Studio G | $721 |
| The River Apartments & Townhomes | Studio | $780 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elma, IA Rentals by Map
See the most popular apartments and homes in Elma, IA
Getting Around Elma, IA
Walk Score®
24 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Studio Elma Apartments
What is the Cheapest apartment in Elma with Studio?
Currently the most affordable Studio in Elma is at Shalom Tower II listed at $405.
How much is the average rent for a Studio Elma Apartment?
The average rent for a Studio Apartment in Elma is $950.
What is the largest available Studio Elma Apartment for rent?
Today's apartment with the most square footage in Elma is a 600 square feet unit starting from $1,090 at Palace Apartments.
What is the average size for Elma Studio Apartments for rent?
The average size for a Studio rental in Elma is currently 519 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.



