Cheap Apartments for Rent near Guernsey, IA from $395 (50 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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Stella Townhomes
1 to 4 Bedroom Apartments

Stella Townhomes

1236 Bliss StreetGrinnell, IA 50112
  • Utilities Included
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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
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425 McClellan St
1 to 2 Bedroom Apartments

425 McClellan St

425 McClellan StTama, IA 52339
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Walnut Pointe
2 to 3 Bedroom Apartments

Walnut Pointe

1702-1798 W 4th St NNewton, IA 50208

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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property at 731 Westwinds Dr
$1,095
2 Bedroom Rentals
Available Oct 1
Affordability

731 Westwinds Dr

Iowa CityIA52246
property at 408 E 15th St
$1,045 - $1,095
2 Bedroom Rentals
Available Now

408 E 15th St

PellaIA50219
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2870 Coral Ct
2 Bedroom Apartments

2870 Coral Ct

2870 Coral CtCoralville, IA 52241
  • Utilities Included
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Western Hills
Studio to 4 Bedroom Apartments

Western Hills

3701 2nd StCoralville, IA 52241

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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Showing Results 1-50, Page 1 of 1

Guernsey, IA Local Guide

Cheapest Available Guernsey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Guernsey, IA is a 2 Beds unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $470. Shamrock Apartments in the Usher's Ferry Historic Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here is today’s list of the most affordable Guernsey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserves at South Lake2B1B2BR,1BA$470
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$560
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$580
Walnut Creek Apartments2 BD Legacy2BR,1BA$795
Spaulding LoftsA5 - Income Restricted1BR,1BA$800
Burbank Village ApartmentsA1 Classic1BR,1BA$850
Plant 1 LoftsA11BR,1BA$930
Grinnell Park Apartments2BR - 30% of Gross Income2BR,1BA$965
Walnut PointeVilla3BR,1BA$1,040
Lions Gate Apartments2/22BR,2BA$1,250

Best Value Apartments for Rent in Guernsey, IA and Nearby

As of September 15, 2026 the best value apartment in the Guernsey area is the $1.28 price per square foot 3 Bedroom 2.5 Bath - 82007 Model at 1100 Sunflower in the starting from $1,795. The second greatest value Guernsey apartment is the Villa Model at Walnut Pointe starting at $1,040 with a $1.03 price per square foot in the Jasper County neighborhood. Here is today’s list of the best values for Guernsey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1100 Sunflower3 Bedroom 2.5 Bath - 820073BR,2.5BA$1.28
Walnut PointeVilla3BR,1BA$1.03
Walnut Creek Apartments2 BD Upgraded2BR,1BA$1.05
Lions Gate Apartments2/22BR,2BA$1.48
The Reserves at South Lake2B1B2BR,1BA$0.59
Shamrock ApartmentsShamrock small 2 bedroom2BR,1BA$1.06
Grinnell Park Apartments2BR - 30% of Gross Income2BR,1BA$1.34
Spaulding LoftsA51BR,1BA$1.33
Burbank Village ApartmentsA1 Renovated1BR,1BA$1.33
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$1.14

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Quick 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.

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

Explore Guernsey, IA Rentals by Map

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See the most popular apartments and homes in Guernsey, IA

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Frequently Asked Questions about Cheap Guernsey Apartments

How much is rent for a Cheap One Bedroom Guernsey Apartment?

The lowest price for a Cheap One Bedroom Guernsey Apartment is $560 at Shamrock Apartments.

What is the lowest price for a Cheap Two Bedroom Guernsey Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Guernsey is starting from $470 at The Reserves at South Lake.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.