Cheap Homes for Rent in Grinnell, IA from $600 (9 Rentals)

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Grinnell, IA Local Guide

Cheapest Neighborhoods for Apartments in Grinnell, IA

Pricing Updated: 10/15/2025

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$949$53626
West Towne$949$53626

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 ListingModel NameBed/BathPriced From
The Reserves at South Lake1B1B1BR,1BA$395
The Tallcorn1 bedroom, 1 bath1BR,1BA$505
Hunters RunA11BR,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 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
Hunters RunB22BR,1BA$0.82
SUNDANCE MARSHALLTOWN APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$0.97
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
Woodland Heights2 Bed 1 Bath2BR,1BA$1.00
409 4th St NE2BR 1BA2BR,1BA$1.07
The Reserves at South Lake1B1B1BR,1BA$0.61
The Tallcorn1 bedroom, 1 bath1BR,1BA$0.83

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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 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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

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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.