Cheap Homes for Rent in Grinnell, IA from $700 (7 Rentals)

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

property at 919 6th St

$725 - $850

1 Bedroom Rentals

Available Now

919 6th St

NevadaIA50201

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.

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

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.

Grinnell, IA Local Guide

Cheapest Neighborhoods for Apartments in Grinnell, IA

Pricing Updated: 06/18/2026

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$1,710$1,1001
West Towne$1,710$1,1001

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 priced from $700. Hotel Maytag Apartments 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
Parkside Luxury ApartmentsS1 AvaStudio,1BA$750

Best Value Apartments for Rent in Grinnell, IA and Nearby

As of June 18, 2026 the best value apartment in the Grinnell area is the $0.78 price per square foot 2 Bedroom 1 Bathroom - Large Model at THE ARBORS APARTMENTS in the in the East Gate Estates neighborhood starting from $859. The second greatest value Grinnell apartment is the 3BR/2BA Model at Altoona Park Apartments starting at $1,150 with a $1.05 price per square foot in the Altoona Meadows 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.
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom - Large2BR,1BA$0.78
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
Southtown ApartmentsB12BR,1BA$0.94
SUNDANCE MARSHALLTOWN APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$0.97
Olive Terrace ApartmentsB12BR,1BA$0.98
Pharaohs ValleyB12BR,1BA$0.98
East Olive ApartmentsB1.52BR,1.5BA$0.93
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
110 N Maple St2-bedroom2BR,1BA$0.88
Woodland Heights2 Bed 1 Bath2BR,1BA$1.04

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

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Frequently Asked Questions about Grinnell

What type of rentals are currently available in Grinnell?

There are currently 75 Apartments for Rent in Grinnell, IA with pricing that ranges from $395 to $3,316. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grinnell ranging from $725 to $3,595.

What is the current price range for Rental Homes in Grinnell?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Grinnell ranges from $725 to $3,595 with an average monthly rent of $1,755.

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

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.