Cheap Apartments for Rent in Grinnell, IA from $300 (54 Rentals)

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

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Stella Townhomes
1 to 4 Bedroom Apartments

Stella Townhomes

1236 Bliss StreetGrinnell, IA 50112
  • Utilities Included

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.

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.

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.

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17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard StColfax, IA 50054
  • Utilities Included
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The Tallcorn
1 to 2 Bedroom Apartments

The Tallcorn

134 E Main StMarshalltown, IA 50158
  • Utilities Included
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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
  • Utilities Included
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309 N 3rd St
1 Bedroom Apartments

309 N 3rd St

309 N 3rd StMarshalltown, IA 50158
  • Utilities Included

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.

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425 McClellan St
1 to 2 Bedroom Apartments

425 McClellan St

425 McClellan StTama, IA 52339
  • Utilities Included
property at 919 6th St

$725 - $850

1 Bedroom Rentals

Available Now

919 6th St

NevadaIA50201
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Spruce Pointe
Studio to 2 Bedroom Apartments

Spruce Pointe

1000 Adventureland DrAltoona, IA 50009
  • Utilities Included

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.

Grinnell, IA Local Guide

Cheapest Neighborhoods for Apartments in Grinnell, IA

Pricing Updated: 05/30/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
East Gate Estates$1,024$4703
West Towne$1,024$4703

Cheapest Available Grinnell Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grinnell, IA is a 1 Bed unit found at Brookview Terrace priced from $683. 110 N Maple St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Grinnell apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview TerraceA11BR,1BA$683
110 N Maple St2-bedroom2BR,1BA$700
Woodland Heights1 Bed 1 Bath1BR,1BA$710
Hotel Maytag Apartments1 bedroom A1BR,1BA$725
East Olive ApartmentsB1.52BR,1BA$792
Southtown ApartmentsB12BR,1BA$801
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$805
SUNDANCE MARSHALLTOWN APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$809
409 4th St NE2BR 1BA2BR,1BA$810
Olive Terrace ApartmentsB12BR,1BA$816

Best Value Apartments for Rent in Grinnell, IA and Nearby

As of May 30, 2026 the best value apartment in the Grinnell area is the $1.05 price per square foot 3BR/2BA Model at Altoona Park Apartments in the in the Altoona Meadows neighborhood starting from $1,150. The second greatest value Grinnell apartment is the 2 Bedroom 1 Bathroom Model at THE ARBORS APARTMENTS starting at $825 with a $0.83 price per square foot in the East Gate Estates neighborhood. Here is today’s list of the best values for Grinnell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.83
SUNDANCE NEWTON APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$1.02
Southtown ApartmentsB12BR,1BA$0.94
SUNDANCE MARSHALLTOWN APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$0.97
East Olive ApartmentsB12BR,1BA$0.99
Olive Terrace ApartmentsB12BR,1BA$0.99
Pharaohs ValleyB12BR,1BA$0.99
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
110 N Maple St2-bedroom2BR,1BA$0.88

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

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Frequently Asked Questions about Cheap Grinnell Apartments

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

The lowest price for a Cheap One Bedroom Grinnell Apartment is $683 at Brookview Terrace.

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

Today's best deal for a Cheap Two Bedroom Apartment in Grinnell is starting from $700 at 110 N Maple St.

What is the most affordable Grinnell Three Bedroom Apartment?

The best deal on a cheap Grinnell Three Bedroom Apartment rental is at Woodland Heights and starts from $820.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.