
Cheap Homes for Rent in Floyd, IA from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Floyd.


1506 7th St SE

121 Clinton St

603 Iowa St

121 Main St S

409 Norwood Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

303 Chestnut St

604 W Seerley Blvd

621 Oak St

1529 Linda Dr

1111 4th St NW

310 N Genevieve St
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.

1206 10th St NE
Floyd, IA Local Guide

How much does it cost to rent a home in Floyd?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Floyd 2 Bedroom Homes for Rent | $1,218 | $765 | $2,050 |
| Floyd 3 Bedroom Homes for Rent | $1,532 | $1,125 | $2,290 |
| Floyd 4 Bedroom Homes for Rent | $1,661 | $1,100 | $2,100 |
| Floyd 5 Bedroom Homes for Rent | $2,250 | $1,700 | $2,800 |
| Floyd 6 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Top Homes for Rent in Floyd
Explore Floyd
Floyd, IA Local Guide
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Cheapest Available Floyd Apartments for Rent and Nearby
 The cheapest available apartment rental in Floyd, IA is a 4 Beds unit found at The Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $350. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Floyd apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $350 |
| Key Apartments | Efficiency | Studio,1BA | $500 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $525 |
| Key West Apartments | Studio | Studio,1BA | $550 |
| Gold Falls Villa Apartments | 1 BR/ 1 Bath | 1BR,1BA | $715 |
Best Value Apartments for Rent in Floyd, IA and Nearby
As of June 21, 2026 the best value apartment in the Floyd area is the $1.44 price per square foot 3 Bed 2.5 Bath Model at Pinnacle Villages - Waverly in the starting from $1,730. The second greatest value Floyd apartment is the 3 Bedroom 1.5 Bathrooms Model at Pebble Creek Apartments starting at $1,150 with a $1.03 price per square foot . Here is today’s list of the best values for Floyd apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinnacle Villages - Waverly | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.44 |
| Pebble Creek Apartments | 3 Bedroom 1.5 Bathrooms | 3BR,1.5BA | $1.03 |
| Cedar Village Community | 2 Bed 1 Bath | 2BR,1BA | $1.08 |
| Northern Place Apartments | Two Bedroom | 2BR,1BA | $1.04 |
| The Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $0.39 |
| The Meadows | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.40 |
| University Manor | 1 BR/ 1 BA (June & Aug '25) | 1BR,1BA | $1.27 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $1.33 |
| Gold Falls Villa Apartments | 1 BR/ 1 Bath | 1BR,1BA | $1.19 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $0.95 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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 Floyd, IA Rentals by Map
See the most popular apartments and homes in Floyd, IA
Frequently Asked Questions about Floyd
What type of rentals are currently available in Floyd?
There are currently 48 Apartments for Rent in Floyd, IA with pricing that ranges from $395 to $2,509. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Floyd ranging from $765 to $3,200.
What is the current price range for Rental Homes in Floyd?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Floyd ranges from $765 to $3,200 with an average monthly rent of $1,665.
How much are larger Three and Four Bedroom Rentals in Floyd?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Floyd range from $935 to $2,509, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,125 to $2,290. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $395.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.