Cheap Apartments for Rent in Grinnell, IA from $300 (53 Rentals)

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

property at 1616 5th Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

3 Bedroom, 1.5 Bath Townhome for Rent

Available Now

1616 5th Ave

GrinnellIA50112
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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.

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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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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
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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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309 N 3rd St
1 Bedroom Apartments

309 N 3rd St

309 N 3rd StMarshalltown, IA 50158
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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

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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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
  • Utilities Included
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Spruce Pointe
Studio to 2 Bedroom Apartments

Spruce Pointe

1000 Adventureland DrAltoona, IA 50009
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Walnut Pointe
2 to 3 Bedroom Apartments

Walnut Pointe

1702-1798 W 4th St NNewton, IA 50208

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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Showing Results 1-50, Page 1 of 2

Grinnell, IA Local Guide

Cheapest Neighborhoods for Apartments in Grinnell, IA

Pricing Updated: 07/14/2026

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$974$6001
West Towne$974$6001

Cheapest Available Grinnell Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grinnell, IA is a 2 Beds unit found at 110 N Maple St in the Jasper County neighborhood priced from $700. Hotel Maytag Apartments in the Jasper County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Grinnell apartments for rent:

Apartment ListingModel NameBed/BathPriced From
110 N Maple St2-bedroom2BR,1BA$700
Hotel Maytag Apartments1 bedroom A1BR,1BA$725
Walnut Creek Apartments2 BD Legacy2BR,1BA$795
Spaulding LoftsA2 - Income Restricted1BR,1BA$800
Southtown ApartmentsB12BR,1BA$800
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$805
409 4th St NE2BR 1BA2BR,1BA$810
Woodland Heights3 Bed 2 Bath3BR,2BA$820
Altoona Terrace1 Bedroom 1 Bath Partial Remodel1BR,1BA$825
Olive Terrace ApartmentsB12BR,1BA$844

Best Value Apartments for Rent in Grinnell, IA and Nearby

As of July 14, 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 3 Bedroom 2 Bathroom Model at SUNDANCE MARSHALLTOWN APARTMENTS starting at $899 with a $0.97 price per square foot . 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
SUNDANCE MARSHALLTOWN APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$0.97
SUNDANCE NEWTON APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$1.02
Southtown ApartmentsB12BR,1BA$0.94
Walnut Creek Apartments2 BD Legacy2BR,1BA$0.94
Olive Terrace ApartmentsB12BR,1BA$1.02
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
110 N Maple St2-bedroom2BR,1BA$0.88
Woodland Heights2 Bed 1 Bath2BR,1BA$1.04
409 4th St NE2BR 1BA2BR,1BA$1.08

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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Best Local Schools in
Grinnell, IA

School data provided by Great Schools

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

Explore Grinnell, IA Rentals by Map

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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 $725 at Hotel Maytag Apartments.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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

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.

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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.