Cheap Apartments for Rent in Gilbert, IA from $529 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Gilbert.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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520 5th St
1 Bedroom Apartments

520 5th St

520 5th StAmes, IA 50010
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307 Lynn Ave
1 to 4 Bedroom Apartments

307 Lynn Ave

307 Lynn AveAmes, IA 50014
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Furman Regency Court
1 to 2 Bedroom Apartments

Furman Regency Court

3020 Regency CtAmes, IA 50010
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1005 28th St
1 to 2 Bedroom Apartments

1005 28th St

1005 28th StAmes, IA 50010
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203 Campus
1 to 5 Bedroom Apartments

203 Campus

203 Campus AveAmes, IA 50014
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Spruce Pointe
1 to 2 Bedroom Apartments

Spruce Pointe

126 Beedle DrAmes, IA 50014
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3319 Story St
2 to 4 Bedroom Apartments

3319 Story St

3319 Story StAmes, IA 50014
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2721 Luther Dr
1 to 2 Bedroom Apartments

2721 Luther Dr

2721 Luther DrAmes, IA 50010
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141 Campus Ave
2 Bedroom Apartments

141 Campus Ave

141 Campus AveAmes, IA 50014
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Delaware Woods
2 to 3 Bedroom Apartments

Delaware Woods

1121 Delaware AveAmes, IA 50014

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.

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225 Hyland
1 to 3 Bedroom Apartments

225 Hyland

225 N Hyland AveAmes, IA 50014
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Cardinal Terrace
1 to 2 Bedroom Apartments

Cardinal Terrace

211 Lynn AveAmes, IA 50014
Student Housing
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Cranford Apartments
Studio to 1 Bedroom Apartments

Cranford Apartments

103 Stanton AveAmes, IA 50014
Student Housing
  • Utilities Included

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.

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Showing Results 1-45, Page 1 of 1

Gilbert, IA Local Guide

Cheapest Available Gilbert Apartments for Rent and Nearby

 

The cheapest available apartment rental in Gilbert, IA is a 4 Beds unit found at Campustown in the Somerset neighborhood priced from $549. 304 Welch Ave in the Somerset neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $635. Here is today’s list of the most affordable Gilbert apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Campustown200 Stanton Ave - 4 Bed - 2 Bath - B - UF4BR,2BA$549
304 Welch AveStudioStudio,1BA$635
Grandview Square Apartments1 bedroom 1 bath1BR,1BA$675
Melrose Park Apartments1 Bed/1 Bath Apartment1BR,1BA$785
3500 Grand Ave1BR/1.0BA1BR,1BA$800
Somerset ApartmentsStudio ApartmentStudio,1BA$800
Wyndsor Terrace1 Bed 1 bath1BR,1BA$815
Hyland Apartments1 Bedroom Apartment1BR,1BA$820
Tiverton Court Apartments3821 Tiverton ( 1 bedroom )1BR,1BA$975
321 Stanton2 Bed/ 1 Bath2BR,1BA$995

Best Value Apartments for Rent in Gilbert, IA and Nearby

As of September 11, 2026 the best value apartment in the Gilbert area is the $0.96 price per square foot 4 BR/ 3 BA Model at 2721 London Dr in the in the Eagle Ridge neighborhood starting from $2,450. The second greatest value Gilbert apartment is the 4 Plus Bedroom/ 3 Bathroom - Lofted Model at 210 Gray - Sunset View starting at $550 with a $0.36 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Gilbert apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2721 London Dr4 BR/ 3 BA4BR,3BA$0.96
210 Gray - Sunset View4 Plus Bedroom/ 3 Bathroom - Lofted4BR,3BA$0.36
Clocktower Place#2015BR,4BA$0.49
West Street Lofts2811 West #2044BR,3BA$0.51
Campustown200 Stanton Ave - 3 Bed - 1 Bath - A - UF3BR,1BA$0.48
Total Property Management 125 Campus Ave.125 Campus4BR,2BA$0.81
Point at AmesTelluride A3BR,3BA$0.69
Total Property Management 3206 Lincoln Way4 bedroom4BR,2.5BA$0.91
Grandview Square Apartments2bed 1bth2BR,1BA$0.80
Campus FlatsAug. 2027 - 2 Bedroom2BR,2BA$0.93

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.

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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.

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Real 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.

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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.

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Best Local Schools in
Gilbert, IA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Gilbert, IA Rentals by Map

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Frequently Asked Questions about Cheap Gilbert Apartments

What is the Cheapest Studio apartment in Gilbert?

Currently the most affordable Cheap Studio Apartment in Gilbert is at 304 Welch Ave listed at $635.

How much is rent for a Cheap One Bedroom Gilbert Apartment?

The lowest price for a Cheap One Bedroom Gilbert Apartment is $675 at Grandview Square Apartments.

What is the lowest price for a Cheap Two Bedroom Gilbert Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Gilbert is starting from $795 at Grandview Square Apartments.

What is the most affordable Gilbert Three Bedroom Apartment?

The best deal on a cheap Gilbert Three Bedroom Apartment rental is at Campustown and starts from $549.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.