
Cheap Apartments for Rent in Hancock, IA from $500 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Hancock.


Woodland Apartments

Jones13

Cottonwood Apartments

Maple Second

Riverbend - Newly Renovated! Call today!

Dahlman Flats

9ines

3633 Avenue A

NoDo
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.

Featherstone Apartments

South Pointe Apartments

Sherwood Forest Estates

Old Market Lofts

Regency Villa of Harlan

8 Street Apartments

The Bluffs

The Riley - 1012 Douglas St

Nove Lofts

River Park by Broadmoor
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.

CopperCreek

Brickline at The Mercantile

Deerfield Apartments Council Bluffs

Chapel Ridge-C Bluffs

Union at Bluffs Run

TreeHouse

NOVA Apartments

RiverEast

The Rochester Apartments

Hidden Bluffs 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.

Nichol Flats

The Archive

Breakers Omaha

Colonial Plaza Apartments

Highclere Apartments

Red Oak 48-Unit (City View Apartments)

Woodland Park - Red Oak

Regency Villa of Atlantic

22 Floors

Woodland Park - Griswold
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.

2119 Arbor St

913 Ave A

1113 S 30th Ave

SUNDANCE ATLANTIC APARTMENTS

610 S 32nd Ave

3302 Burt St

5703 S 14th St

803 8th Ave

313 Pullen Ave

3623 5th Ave
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.
Hancock, IA Local Guide

How much does it cost to rent an apartment in Hancock?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hancock Studio Apartments | $1,161 | $813 | $4,434 |
| Hancock 1 Bedroom Apartments | $1,283 | $575 | $3,327 |
| Hancock 2 Bedroom Apartments | $1,616 | $785 | $3,660 |
| Hancock 3 Bedroom Apartments | $1,781 | $1,050 | $3,648 |
| Hancock 4 Bedroom Apartments | $1,573 | $1,500 | $1,646 |
Browse Top Apartments in Hancock
See all Apartments in HancockExplore Hancock
Hancock, IA Local Guide
- Nearby Cities
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Cheapest Available Hancock Apartments for Rent and Nearby
 The cheapest available apartment rental in Hancock, IA is a 1 Bed unit found at Red Oak 48-Unit (City View Apartments) priced from $695. Woodland Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $781. Here is today’s list of the most affordable Hancock apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Red Oak 48-Unit (City View Apartments) | 1 Bedroom | 1BR,1BA | $695 |
| Woodland Apartments | One Bedroom/One Bath | 1BR,1BA | $781 |
| Westwood Apartments | 2 BD | 2BR,1BA | $785 |
| Regency Villa of Atlantic | 1 Bedroom | 1BR,1BA | $799 |
| Jones13 | Bemis | Studio,1BA | $819 |
| Maple Second | One Bed/One Bath | 1-1 | 1BR,1BA | $875 |
| Dahlman Flats | 1 Bed, 1 Bath - 556 SF | 1BR,1BA | $891 |
| 3633 Avenue A | 2 Bed 1 Bath | 2BR,1BA | $900 |
| Featherstone Apartments | One Bedroom | One Bath | 1BR,1BA | $900 |
| NoDo | Billy | Studio,1BA | $900 |
Best Value Apartments for Rent in Hancock, IA and Nearby
As of April 27, 2026 the best value apartment in the Hancock area is the $1.00 price per square foot Two Bed - Upcoming Availability Model at Burr Oaks Place in the starting from $1,246. The second greatest value Hancock apartment is the 2 BD Model at Westwood Apartments starting at $785 with a $0.75 price per square foot in the Old Market neighborhood. Here is today’s list of the best values for Hancock apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Burr Oaks Place | Two Bed - Upcoming Availability | 2BR,1BA | $1.00 |
| Westwood Apartments | 2 BD | 2BR,1BA | $0.75 |
| CopperCreek | 2 Bed, 1 Bath - 1032 SF | 2BR,1BA | $1.26 |
| RiverEast | Two Bedroom | 2BR,1BA | $1.08 |
| Cottonwood Apartments | 2X1S | 2BR,1BA | $1.07 |
| The Bluffs | Two Bedroom 2nd Floor | 2BR,1BA | $1.05 |
| Nichol Flats | 1x1 A | 1BR,1BA | $1.26 |
| Riverbend - Newly Renovated! Call today! | One Bedroom | 1BR,1BA | $1.24 |
| Sherwood Forest Estates | 1 Bedroom 1 Bath Small | 1BR,1BA | $1.30 |
| Red Oak 48-Unit (City View Apartments) | 1 Bedroom | 1BR,1BA | $1.22 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 Hancock, IA Rentals by Map
See the most popular apartments and homes in Hancock, IA
Frequently Asked Questions about Cheap Hancock Apartments
What is the Cheapest Studio apartment in Hancock?
Currently the most affordable Cheap Studio Apartment in Hancock is at Jones13 listed at $819.
How much is rent for a Cheap One Bedroom Hancock Apartment?
The lowest price for a Cheap One Bedroom Hancock Apartment is $695 at Red Oak 48-Unit (City View Apartments).
What is the lowest price for a Cheap Two Bedroom Hancock Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hancock is starting from $785 at Westwood Apartments.
What is the most affordable Hancock Three Bedroom Apartment?
The best deal on a cheap Hancock Three Bedroom Apartment rental is at 3633 Avenue A and starts from $1,050.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.