1043 5th Ave SE
Cedar RapidsIA52403
Cheap Homes for Rent in Ely, IA from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Ely.
124 10th St SW
Cedar RapidsIA52404
1500 Northgate Dr, Unit 6
1500 Northgate Dr
ElyIA52227
1215 2nd Ave 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.
209 16th St NE
Cedar RapidsIA52402
1710 A Ave NE
Cedar RapidsIA52402
1620 M St SW
Cedar RapidsIA52404
615 16th St 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.
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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 | $1,181 | $675 | $1,950 |
| Ely 3 Bedroom Homes for Rent | $1,477 | $900 | $2,295 |
| Ely 4 Bedroom Homes for Rent | $2,811 | $1,525 | $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 1810 A Ave NE in the Mound View neighborhood priced from $545. Southview Apartments in the Young's Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. 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 | $545 |
| Southview Apartments | Southview 1 bedroom Classic | 1BR,1BA | $625 |
| Harris Oak Hill Apartments | 1 Bedroom Restricted | 1BR,1BA | $695 |
Best Value Apartments for Rent in Ely, IA and Nearby
As of June 05, 2025 the best value apartment in the Ely area is the $0.60 price per square foot 2 Beds, 1 Baths Model at 1716 D Ave NE in the in the Mound View neighborhood starting from $725. The second greatest value Ely apartment is the CLM11032 Model at Coventry Lofts starting at $850 with a $0.82 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. |
|---|---|---|---|
| 1716 D Ave NE | 2 Beds, 1 Baths | 2BR,1BA | $0.60 |
| Coventry Lofts | CLM11032 | 1BR,1BA | $0.82 |
| Ashton Flats | The Benton | 2BR,1BA | $1.07 |
| Harris Oak Hill Apartments | 2 Bedroom Restricted | 2BR,2BA | $1.05 |
| C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $0.84 |
| Northview Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.04 |
| North Ridge | 2 Beds, 1 Baths | 2BR,1BA | $0.91 |
| Westcove North | 2 w/garage | 2BR,1BA | $1.10 |
| Southview Apartments | Southview 1 Bedroom Updated! | 1BR,1BA | $1.14 |
| 1810 A Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $0.88 |
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Frequently Asked Questions about Ely
What type of rentals are currently available in Ely?
There are currently 41 Apartments for Rent in Ely, IA with pricing that ranges from $425 to $3,327. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ely ranging from $675 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 $675 to $5,495 with an average monthly rent of $1,892.
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 $3,327, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,525 and Four Bedroom Apartments start at $1,311.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.