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$448 - $1,021Studio to 2 Bedroom Apartments Available Dec 15
Commonwealth
1400 2nd Ave SWCedar Rapids, IA 52403
Cheap Apartments for Rent in Ely, IA from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Ely.
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$468 - $1,2551 to 4 Bedroom Apartments Contact Us For Availability
Kingston Village Apartments
600 2nd St SWCedar Rapids, IA 52404
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Rent Specials
$470 - $1,4221 to 3 Bedroom Apartments Available Now
Ashton Flats
217 7th Ave SWCedar Rapids, IA 52404
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$650 - $7501 Bedroom Apartments Available Now
Southview Apartments
2155 Westdale Dr SWCedar Rapids, IA 52404
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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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$705 - $1,020Studio to 2 Bedroom Apartments Available Dec 12
Cedar River Tower Apartments
100 1st Ave NECedar Rapids, IA 52401
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$725 - $9651 to 3 Bedroom Apartments Available Now
Cedar Rapids Brickstone
627 6th St SECedar Rapids, IA 52401
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$734 - $996Studio to 2 Bedroom Apartments Available Now
The Roosevelt
200 1st Ave NECedar Rapids, IA 52401
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138 33rd St Dr SE
Cedar RapidsIA52403
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.
1209 O Ave Pl NE
Cedar RapidsIA52402
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182 14th Ave SW
Cedar RapidsIA52404
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.
Showing Results 1-18, Page 1 of 1
Ely, IA Local Guide
Rancher and son by Plains and Prairie Potholes Landscape Conservation is licensed under CC BY 2.0
How much does it cost to rent an apartment in Ely?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ely Studio Apartments | $1,000 | $448 | $1,395 |
| Ely 1 Bedroom Apartments | $1,243 | $468 | $2,560 |
| Ely 2 Bedroom Apartments | $1,427 | $450 | $3,630 |
| Ely 3 Bedroom Apartments | $1,643 | $425 | $3,462 |
| Ely 4 Bedroom Apartments | $1,228 | $1,090 | $1,338 |
Browse Top Apartments in Ely
See all Apartments in ElyExplore Ely
Ely, IA Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Ely Apartments for Rent and Nearby
The cheapest available apartment rental in Ely, IA is a 1 Bed unit found at 1810 A Ave NE in the Mound View neighborhood priced from $625. Southview Apartments in the Young's Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Ely apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1810 A Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $625 |
| Southview Apartments | Southview 1 bedroom Classic | 1BR,1BA | $650 |
| CR Legacy | 2x2 | 3BR,2BA | $695 |
| C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $725 |
| The Roosevelt | 1 Bedroom | 1BR,1BA | $734 |
Best Value Apartments for Rent in Ely, IA and Nearby
As of December 08, 2025 the best value apartment in the Ely area is the $0.95 price per square foot 4x2 1 Model at Miller Avenue Estates in the in the Lincolnway Village neighborhood starting from $1,090. The second greatest value Ely apartment is the 2x2 Model at CR Legacy starting at $695 with a $0.72 price per square foot in the Corridor Ridge neighborhood. Here is today’s list of the best values for Ely apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Miller Avenue Estates | 4x2 1 | 4BR,2BA | $0.95 |
| CR Legacy | 2x2 | 3BR,2BA | $0.72 |
| Cedar Rapids Brickstone | Two Bed | 2BR,2BA | $1.02 |
| Westcove | 2 Bed 1 Bath | 2BR,1BA | $1.01 |
| C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $0.84 |
| The Roosevelt | 1 Bedroom | 1BR,1BA | $1.05 |
| Union at Wiley | 1 Bed 1 Bath | 1BR,1BA | $1.24 |
| Oak Hill Jackson Brickstones | 1 Bedroom | 1BR,1BA | $1.28 |
| Southview Apartments | Southview 1 Bedroom Updated! | 1BR,1BA | $1.18 |
| 1810 A Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $1.01 |
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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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ely, IA Rentals by Map
See the most popular apartments and homes in Ely, IA
Getting Around Ely, IA
Walk Score®
29 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 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 Cheap Ely Apartments
What is the Cheapest Studio apartment in Ely?
Currently the most affordable Cheap Studio Apartment in Ely is at Geneva Tower listed at $770.
How much is rent for a Cheap One Bedroom Ely Apartment?
The lowest price for a Cheap One Bedroom Ely Apartment is $625 at 1810 A Ave NE.
What is the lowest price for a Cheap Two Bedroom Ely Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ely is starting from $725 at C Street Townhomes.
What is the most affordable Ely Three Bedroom Apartment?
The best deal on a cheap Ely Three Bedroom Apartment rental is at CR Legacy and starts from $695.
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.
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.
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.