Cheap Apartments for Rent in Guernsey, IA from $300 (25 Rentals)

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

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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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Raintree Apartments
$775 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$745 - $1,120
Required Monthly Fees
$30

Total Monthly Price
$775 - $1,150
1 to 3 Bedroom Apartments Available Mar 31

Raintree Apartments

4900 16th AveCedar Rapids, IA 52404
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Plant 1 Lofts
Rent Specials
$895 - $3,247
Total Monthly Price

Total Monthly Price

Base Rent
$870 - $3,222
Required Monthly Fees
$25

Total Monthly Price
$895 - $3,247
1 to 2 Bedroom Apartments Available Now

Plant 1 Lofts

515 W 4th StNewton, IA 50208
  • Verified
  • Customer Reviewed
  • 3D Tour

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Stella Townhomes
1 to 4 Bedroom Apartments

Stella Townhomes

1236 Bliss StreetGrinnell, IA 50112
  • Utilities Included
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425 McClellan St
1 to 2 Bedroom Apartments

425 McClellan St

425 McClellan StTama, IA 52339
  • Utilities Included
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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Guernsey, IA Local Guide

Cheapest Available Guernsey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Guernsey, IA is a 1 Bed unit found at The Reserves at South Lake priced from $395. Shamrock Apartments in the Cedar Hills 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 Lake1B1B1BR,1BA$395
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$560
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$580
Courtyard ApartmentsB12BR,1BA$639
Woodland Heights1 Bed 1 Bath1BR,1BA$710

Best Value Apartments for Rent in Guernsey, IA and Nearby

As of February 21, 2026 the best value apartment in the Guernsey area is the $0.83 price per square foot 2 Bedroom 1 Bathroom Model at THE ARBORS APARTMENTS in the in the East Gate Estates neighborhood starting from $825. The second greatest value Guernsey apartment is the 3 Bedroom 2 Bathroom Model at SUNDANCE NEWTON APARTMENTS starting at $945 with a $1.02 price per square foot . 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.
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.83
SUNDANCE NEWTON APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$1.02
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
Knollridge Garden Apartments2BR/1.0BA2BR,1BA$1.16
The AvenueThe Plaza1BR,1BA$1.08
Shamrock ApartmentsArrowridge small 2 bedroom2BR,1BA$1.06
Courtyard ApartmentsB12BR,1BA$0.98
The Reserves at South Lake1B1B1BR,1BA$0.61
Newton Park Apartments1BR - 30% Gross Income1BR,1BA$1.24
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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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!

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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 $395 at The Reserves at South Lake.

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.

What is the most affordable Guernsey Three Bedroom Apartment?

The best deal on a cheap Guernsey Three Bedroom Apartment rental is at The Reserves at South Lake and starts from $536.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.