124 10th St SW
Cedar RapidsIA52404
Cheap Homes for Rent in Ely, IA from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Ely.
1712 A Ave NE
Cedar RapidsIA52402
200 8th Ave SW
Cedar RapidsIA52404
1215 2nd Ave SE
Cedar RapidsIA52403
1212 20th Ave SW
Cedar RapidsIA52404
146 18th St SW
Cedar RapidsIA52404
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.
826 Center Point Rd NE
Cedar RapidsIA52402
455 N Front St
North LibertyIA52317
1841 Grande Ave SE
Cedar RapidsIA52403
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.
205 Prairie Rose Ln
SolonIA52333
900 Center Point Rd NE
Cedar RapidsIA52402
203 Prairie Rose Ln
SolonIA52333
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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 a home in Ely?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ely 2 Bedroom Homes for Rent | $1,256 | $725 | $2,195 |
| Ely 3 Bedroom Homes for Rent | $1,513 | $950 | $2,250 |
| Ely 4 Bedroom Homes for Rent | $2,483 | $1,200 | $5,495 |
| Ely 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Top Homes for Rent in Ely
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Ely, IA Local Guide
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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 Southview Apartments in the Young's Hill neighborhood priced from $625. Harris Oak Hill Apartments in the Young's Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Ely apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southview Apartments | Southview 1 bedroom Classic | 1BR,1BA | $625 |
| Harris Oak Hill Apartments | 1 Bedroom Restricted | 1BR,1BA | $695 |
| Oak Hill Jackson Brickstones | 1 Bedroom | 1BR,1BA | $710 |
| North Ridge | 2 Beds, 1 Baths | 2BR,1BA | $725 |
| C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $725 |
Best Value Apartments for Rent in Ely, IA and Nearby
As of July 23, 2025 the best value apartment in the Ely area is the $1.07 price per square foot 1 Bed 1 Bath Model at Coventry Lofts in the in the Young's Hill neighborhood starting from $1,100. The second greatest value Ely apartment is the The Benton Model at Ashton Flats starting at $1,095 with a $1.07 price per square foot in the Young's Hill 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. |
|---|---|---|---|
| Coventry Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
| Ashton Flats | The Benton | 2BR,1BA | $1.07 |
| Harris Oak Hill Apartments | 2 Bedroom Restricted | 2BR,2BA | $1.05 |
| Westcove | 2 Bed 1 Bath | 2BR,1BA | $1.01 |
| Edgewood | Two Bedroom | Large | 2BR,1BA | $1.10 |
| C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $0.84 |
| North Ridge | 2 Beds, 1 Baths | 2BR,1BA | $0.91 |
| 1716 D Ave NE | 2 Beds, 1 Baths | 2BR,1BA | $1.07 |
| Oak Hill Jackson Brickstones | 1 Bedroom | 1BR,1BA | $1.06 |
| Southview Apartments | 1 Southview 1 bed, 1 bath Classic+ | 1BR,1BA | $1.06 |
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Frequently Asked Questions about Ely
What type of rentals are currently available in Ely?
There are currently 43 Apartments for Rent in Ely, IA with pricing that ranges from $425 to $3,118. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ely ranging from $725 to $5,495.
What is the current price range for Rental Homes in Ely?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ely ranges from $725 to $5,495 with an average monthly rent of $1,720.
How much are larger Three and Four Bedroom Rentals in Ely?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ely range from $425 to $2,827, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,255.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.