close
View Me
$395 - $1,1961 to 3 Bedroom Apartments Available Now
The Reserves at South Lake
500 Industrial AveGrinnell, IA 50112
Cheap Apartments for Rent in Grinnell, IA from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Grinnell.
close
View Me
close
View Me
close
View Me
$394 - $1,0071 to 2 Bedroom Apartments Contact Us For Availability
Clock Tower Senior Apartments
403 E Church StMarshalltown, IA 50158
close
View Me
Rent Specials
$550 - $1,1021 to 3 Bedroom Apartments Available Now
Hunters Run
821 S 13th Ave ENewton, IA 50208
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.
close
View Me
Rent Specials
$619 - $8752 to 3 Bedroom Apartments Available Now
Courtyard Apartments
1453 N 11th Ave ENewton, IA 50208
close
View Me
$667 - $1,528Studio to 2 Bedroom Apartments Available Now
Southern Hills
2510 S 6th StMarshalltown, IA 50158
close
View Me
$695 - $895Studio to 1 Bedroom Apartments Available Dec 15
Altoona Terrace
1002-1108 4th St SWAltoona, IA 50009
close
View Me
close
View Me
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.
close
View Me
702 S Roche St
KnoxvilleIA50138
308 E 13th St N
NewtonIA50208
close
View Me
close
View Me
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
close
View Me
Showing Results 1-16, Page 1 of 1
Grinnell, IA Local Guide
Downtown Grinnell by Aaron Tait is licensed under CC BY 2.0
How much does it cost to rent an apartment in Grinnell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grinnell Studio Apartments | $715 | $695 | $725 |
| Grinnell 1 Bedroom Apartments | $1,100 | $394 | $2,313 |
| Grinnell 2 Bedroom Apartments | $1,183 | $467 | $2,495 |
| Grinnell 3 Bedroom Apartments | $1,259 | $863 | $2,696 |
| Grinnell 4 Bedroom Apartments | $1,421 | $1,421 | $1,421 |
Browse Top Apartments in Grinnell
See all Apartments in GrinnellExplore Grinnell
Grinnell, IA Local Guide
- Grinnell Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Grinnell, IA
Pricing Updated: 12/14/2025Current apartment rentals in the Grinnell, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Grinnell Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| East Gate Estates | $949 | $735 | 20 |
| West Towne | $949 | $735 | 20 |
Cheapest Available Grinnell Apartments for Rent and Nearby
The cheapest available apartment rental in Grinnell, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. Hunters Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Grinnell apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Reserves at South Lake | 1B1B | 1BR,1BA | $395 |
| Hunters Run | A1 | 1BR,1BA | $550 |
| Courtyard Apartments | B1 | 2BR,1BA | $619 |
| Southern Hills | A1 | 1BR,1BA | $667 |
| Newton Park Apartments | 1BR - 30% Gross Income | 1BR,1BA | $676 |
Best Value Apartments for Rent in Grinnell, IA and Nearby
As of December 14, 2025 the best value apartment in the Grinnell area is the $0.96 price per square foot 3 Bed 2 Bath Model at Woodland Heights in the starting from $970. The second greatest value Grinnell apartment is the Villa Model at Walnut Pointe starting at $1,010 with a $1.00 price per square foot . Here is today’s list of the best values for Grinnell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodland Heights | 3 Bed 2 Bath | 3BR,2BA | $0.96 |
| Walnut Pointe | Villa | 3BR,1BA | $1.00 |
| THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
| SUNDANCE MARSHALLTOWN APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.97 |
| Walnut Creek Apartments | 2 BD Legacy | 2BR,1BA | $1.00 |
| Olive Terrace Apartments | B1 | 2BR,1BA | $0.90 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $0.90 |
| Hunters Run | A1 | 1BR,1BA | $0.80 |
| Courtyard Apartments | B1 | 2BR,1BA | $0.95 |
| The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
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 Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
Let everyone know!
Do you know the Grinnell area?
If you’re an expert on all things Grinnell, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Grinnell, IA
Davis Elementary School
Grinnell-Newburg Community School District
Public School - Grades 3-4 (215)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grinnell, IA Rentals by Map
See the most popular apartments and homes in Grinnell, IA
Getting Around Grinnell, IA
Walk Score®
39 / 100
Car-Dependent
Most errands require a car
Bike Score®
53 / 100
Bikeable
Some 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 Grinnell Apartments
What is the price of a cheap apartment in Grinnell?
The cheapest apartment in Grinnell is The Reserves at South Lake which is listed at $395, while the average apartment in Grinnell costs $949.
What types of apartments are the cheapest in Grinnell?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 36 regular apartments in Grinnell that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Grinnell?
Cheap apartments in Grinnell have an average cost of $761 which is $188 cheaper than the average rent for all rentals in Grinnell.
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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.