Cheap Apartments for Rent in Forest City, IA from $400 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Forest City.

Shalom Tower II

Key Apartments

City Center Kent Apartments

18 S Adams Ave

Key West Apartments
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.

Woodland Park - Manson

CityView Apartments

A-Lea Apartments

Flats on 21

Pheasant Run Apartments

Eytcheson Estates Sherburn

Meadow Lake of Clear Lake Apartments
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.

Pebble Creek Apartments

Phillips Luxury Apartments

Skye Lofts Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1317 S 28th St

226 Hawkeye Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

614 N 12th St

639 2nd St

1019 S 19th St
Forest City, IA Local Guide

How much does it cost to rent an apartment in Forest City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Forest City Studio Apartments | $864 | $405 | $1,280 |
Forest City 1 Bedroom Apartments | $1,059 | $495 | $1,790 |
Forest City 2 Bedroom Apartments | $1,316 | $700 | $2,440 |
Forest City 3 Bedroom Apartments | $1,403 | $760 | $2,700 |
Forest City 4 Bedroom Apartments | $937 | $937 | $937 |
Browse Top Apartments in Forest City
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Forest City, IA Local Guide
- Nearby Cities
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Cheapest Available Forest City Apartments for Rent and Nearby
 The cheapest available apartment rental in Forest City, IA is a Studio unit found at Shalom Tower II priced from $405. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Forest City apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Shalom Tower II | Tower I Efficiency | Studio,1BA | $405 |
Key Apartments | Efficiency | Studio,1BA | $450 |
Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $450 |
City Center Kent Apartments | Studio | 1BR,1BA | $495 |
Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $500 |
18 S Adams Ave | One Bedroom | 1BR,1BA | $525 |
Key West Apartments | Studio | Studio,1BA | $550 |
Woodland Park - Manson | 1 BR | 1BR,1BA | $600 |
CityView Apartments | Studio | Studio,1BA | $625 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $700 |
Best Value Apartments for Rent in Forest City, IA and Nearby
As of June 22, 2025 the best value apartment in the Forest City area is the $0.95 price per square foot 3 Bedroom 1.5 Bathrooms Model at Pebble Creek Apartments in the starting from $1,060. The second greatest value Forest City apartment is the Two Bedroom Two Bath Model at Kodiak Apartments starting at $1,360 with a $1.28 price per square foot . Here is today’s list of the best values for Forest City apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pebble Creek Apartments | 3 Bedroom 1.5 Bathrooms | 3BR,1.5BA | $0.95 |
Kodiak Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.28 |
Meadow Lake of Clear Lake Apartments | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.03 |
Phillips Luxury Apartments | 2BR1BAb | 2BR,1BA | $1.14 |
Shalom Tower II | Tower II - One Bedroom | 1BR,1BA | $0.70 |
City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $0.74 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $0.82 |
18 S Adams Ave | One Bedroom | 1BR,1BA | $0.95 |
Woodland Park - Manson | 1 BR | 1BR,1BA | $1.20 |
Quick 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.
Best Local Schools in Forest City, IA
Forest City Elementary School
Forest City High School
Forest City Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Forest City, IA Rentals by Map
See the most popular apartments and homes in Forest City, IA
Getting Around Forest City, IA
Walk Score®
20 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
32 / 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 Forest City Apartments
What is the Cheapest Studio apartment in Forest City?
Currently the most affordable Cheap Studio Apartment in Forest City is at Shalom Tower II listed at $405.
How much is rent for a Cheap One Bedroom Forest City Apartment?
The lowest price for a Cheap One Bedroom Forest City Apartment is $450 at Burt 18-Unit (Countryside Properties).
What is the lowest price for a Cheap Two Bedroom Forest City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Forest City is starting from $500 at Rolfe 20-Unit.
What is the most affordable Forest City Three Bedroom Apartment?
The best deal on a cheap Forest City Three Bedroom Apartment rental is at Northern Place Apartments and starts from $950.
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.