
Cheap Apartments for Rent in Guernsey, IA from $300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Guernsey.


2552 Smith Ave

Shamrock Apartments

Goldfinch Meadows

Courtyard Apartments

Woodland Heights
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.

Hunters Run

Hotel Maytag Apartments

Total Monthly Price
Raintree Apartments

SUNDANCE NEWTON APARTMENTS

Prairie Meadows Apartments

THE ARBORS APARTMENTS
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.

The Avenue

Walnut Creek Apartments

Pheasant Run Apartments

Edgewood

Total Monthly Price
Plant 1 Lofts

Burbank Village Apartments
The Art of the Rental Viewing: What to look for during a property tour
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.

Stella Townhomes

425 McClellan St

Marshalltown Estates

Newton Park Apartments

2869 Spring Rose Cir

110 Harbet Ave NW
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.

Grinnell Park Apartments
Guernsey, IA Local Guide

How much does it cost to rent an apartment in Guernsey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Guernsey Studio Apartments | $1,185 | $725 | $1,250 |
| Guernsey 1 Bedroom Apartments | $1,397 | $560 | $2,559 |
| Guernsey 2 Bedroom Apartments | $1,555 | $639 | $3,525 |
| Guernsey 3 Bedroom Apartments | $1,270 | $863 | $3,607 |
Browse Top Apartments in Guernsey
See all Apartments in GuernseyExplore Guernsey
Guernsey, IA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Reserves at South Lake | 1B1B | 1BR,1BA | $395 |
| Shamrock Apartments | Shamrock small 1 bedroom | 1BR,1BA | $560 |
| Goldfinch Meadows | 1 BR/ 1 BA | 1BR,1BA | $580 |
| Courtyard Apartments | B1 | 2BR,1BA | $639 |
| Woodland Heights | 1 Bed 1 Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
| SUNDANCE NEWTON APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.02 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $0.90 |
| Knollridge Garden Apartments | 2BR/1.0BA | 2BR,1BA | $1.16 |
| The Avenue | The Plaza | 1BR,1BA | $1.08 |
| Shamrock Apartments | Arrowridge small 2 bedroom | 2BR,1BA | $1.06 |
| Courtyard Apartments | B1 | 2BR,1BA | $0.98 |
| The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
| Newton Park Apartments | 1BR - 30% Gross Income | 1BR,1BA | $1.24 |
| Goldfinch Meadows | 1 BR/ 1 BA | 1BR,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.
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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Guernsey, IA Rentals by Map
See the most popular apartments and homes in Guernsey, IA
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

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.

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.

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.

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.