
Cheap Homes for Rent in Grinnell, IA from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Grinnell.


1423 K Ave

303 S Madison St

306 Central Dr

1510 1st Ave

413 Jefferson St

1500 McClellan St

1510 1st Ave

302 Long St
Grinnell, IA Local Guide

How much does it cost to rent a home in Grinnell?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Grinnell 2 Bedroom Homes for Rent | $1,434 | $725 | $2,249 |
Grinnell 3 Bedroom Homes for Rent | $1,768 | $1,000 | $2,500 |
Grinnell 4 Bedroom Homes for Rent | $1,761 | $1,100 | $2,550 |
Grinnell 5 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
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Grinnell, IA Local Guide
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Cheapest Neighborhoods for Apartments in Grinnell, IA
Pricing Updated: 10/15/2025Current 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 | $536 | 26 |
West Towne | $949 | $536 | 26 |
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. The Tallcorn has the second lowest priced unit, which is a 1 Bed apartment currently listed from $505. 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 |
The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $505 |
Hunters Run | A1 | 1BR,1BA | $550 |
Best Value Apartments for Rent in Grinnell, IA and Nearby
As of October 15, 2025 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Altoona Park Apartments | 3BR/2BA | 3BR,2BA | $1.05 |
THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
SUNDANCE NEWTON APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.02 |
Hunters Run | B2 | 2BR,1BA | $0.82 |
SUNDANCE MARSHALLTOWN APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $0.90 |
Woodland Heights | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
409 4th St NE | 2BR 1BA | 2BR,1BA | $1.07 |
The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $0.83 |
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Best Local Schools in Grinnell, IA
Davis Elementary School
School data provided by Great Schools
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 71 Apartments for Rent in Grinnell, IA with pricing that ranges from $394 to $2,656. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grinnell ranging from $675 to $2,550.
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 $675 to $2,550 with an average monthly rent of $1,658.
How much are larger Three and Four Bedroom Rentals in Grinnell?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grinnell range from $536 to $2,656, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,421.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.