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


308 E 13th St N

303 S Madison St

1110 Fremont St
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.

408 W Boone St

413 Jefferson St

1214 Gebhardt St

107 Spruce St
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.

1012 Bethel 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 | $1,162 | $725 | $1,995 |
| Grinnell 3 Bedroom Homes for Rent | $1,876 | $1,095 | $2,500 |
| Grinnell 4 Bedroom Homes for Rent | $2,175 | $1,195 | $2,995 |
| Grinnell 5 Bedroom Homes for Rent | $1,395 | $1,395 | $1,395 |
Browse Top Homes for Rent in Grinnell
Explore Grinnell
Grinnell, IA Local Guide
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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 |
Best Value Apartments for Rent in Grinnell, IA and Nearby
As of December 08, 2025 the best value apartment in the Grinnell area is the $0.93 price per square foot B8 - Income Restricted Model at Spaulding Lofts in the in the East Gate Estates neighborhood starting from $950. 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. |
|---|---|---|---|
| Spaulding Lofts | B8 - Income Restricted | 2BR,2BA | $0.93 |
| 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 |
| Hunters Run | B1 | 2BR,1BA | $0.83 |
| Olive Terrace Apartments | B1 | 2BR,1BA | $0.90 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $0.90 |
| 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 ArticleThe 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.
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!
Explore Grinnell, IA Rentals by Map
See the most popular apartments and homes in Grinnell, IA
Frequently Asked Questions about Grinnell
What type of rentals are currently available in Grinnell?
There are currently 72 Apartments for Rent in Grinnell, IA with pricing that ranges from $394 to $2,802. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grinnell ranging from $625 to $2,995.
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 $625 to $2,995 with an average monthly rent of $1,469.
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 $863 to $1,676, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $1,421.
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.