
Cheap Homes for Rent in Farmington, IA from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Farmington.


304 S 2nd St

636 Payson Ave

516 South St

322 S Madison St

12149 DMC Hwy 99
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.

407-407 SW 8th St

820 N Owensby St

116 N 5th St
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.

1013 Doemland St

900 S 6th St

310 N Elson St
Farmington, IA Local Guide

How much does it cost to rent a home in Farmington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Farmington 2 Bedroom Homes for Rent | $1,053 | $750 | $1,800 |
Farmington 3 Bedroom Homes for Rent | $1,435 | $999 | $2,000 |
Browse Top Homes for Rent in Farmington
Explore Farmington
Farmington, IA Local Guide
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Cheapest Available Farmington Apartments for Rent and Nearby
 The cheapest available apartment rental in Farmington, IA is a Studio unit found at Macomb Rentals priced from $390. Mediapolis Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $495. Here is today’s list of the most affordable Farmington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Macomb Rentals | Studio, 1 bath | Studio,1BA | $390 |
Mediapolis Village | Unit 38 | 2BR,1BA | $495 |
Bel Aire Apartments | 1 Bedroom | 1BR,1BA | $645 |
Smith and Royer Apartments | 1 Bedroom | 1BR,1BA | $650 |
Caspian Village | Studio, 1 bath | Studio,1BA | $700 |
Best Value Apartments for Rent in Farmington, IA and Nearby
As of September 16, 2025 the best value apartment in the Farmington area is the $0.75 price per square foot 3 Bedroom and 1 Bath Model at School House Apartments in the in the Pershing Place neighborhood starting from $1,050. The second greatest value Farmington apartment is the Three Beds Two Baths Model at Emerson Garden Apartments starting at $1,400 with a $1.08 price per square foot . Here is today’s list of the best values for Farmington apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
School House Apartments | 3 Bedroom and 1 Bath | 3BR,1BA | $0.75 |
Emerson Garden Apartments | Three Beds Two Baths | 3BR,2BA | $1.08 |
Fairfield Estates | No Unit | 1BR,1BA | $0.84 |
Mediapolis Village | Unit 40 | 2BR,2BA | $0.84 |
Colorado Senior Lofts 55+ | Two Bedroom | 2BR,1BA | $0.86 |
Orchard Meadows Apartments | B1 Partially Renovated | 2BR,1BA | $1.08 |
Blaul Lofts | Blaul Lofts - 403 | 1BR,1BA | $1.00 |
Louden Lofts | Two Bedroom | 2BR,2BA | $1.00 |
Westland Village | 1x1 | 1BR,1BA | $1.00 |
Park Madison Apartments | 1BR/1BA | 1BR,1BA | $1.00 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Farmington
What type of rentals are currently available in Farmington?
There are currently 42 Apartments for Rent in Farmington, IA with pricing that ranges from $300 to $1,900. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $525 to $2,100.
What is the current price range for Rental Homes in Farmington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Farmington ranges from $525 to $2,100 with an average monthly rent of $1,119.
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 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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.