Cheap Apartments for Rent near Homestead, IA from $466 (40 Rentals)

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

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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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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Southview Apartments
1 to 2 Bedroom Apartments

Southview Apartments

2155 Westdale Dr SWCedar Rapids, IA 52404
Corporate Housing
  • Utilities Included
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CR Legacy
3 to 4 Bedroom Apartments

CR Legacy

100-200 66th Ave SWCedar Rapids, IA 52404
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Westcove North
2 Bedroom Apartments

Westcove North

3507 Queen Dr SWCedar Rapids, IA 52404
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Anderson Greene I
1 to 3 Bedroom Apartments

Anderson Greene I

53 Miller AveCedar Rapids, IA 52404
  • Utilities Included

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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Miller Avenue Estates
1 to 4 Bedroom Apartments

Miller Avenue Estates

64 Miller Ave SWCedar Rapids, IA 52404
  • Utilities Included
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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 1-40, Page 1 of 1

Homestead, IA Local Guide

Cheapest Available Homestead Apartments for Rent and Nearby

 

The cheapest available apartment rental in Homestead, IA is a 1 Bed unit found at Goldfinch Meadows in the Cedar Hills neighborhood priced from $580. Northview Apartments in the Young's Hill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here is today’s list of the most affordable Homestead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$580
Northview Apartments2BR/1.5BA2BR,1BA$925
Knollridge Garden Apartments2 Bedroom2BR,1BA$925
Union at Wiley2 Bed 2 Bath2BR,1BA$995
Vive Senior ApartmentsOne Bedroom1BR,1BA$1,096
3212 Wilson Ave SW1 Bedroom1BR,1BA$1,500
Penn Street Place2 Bedroom2BR,2BA$1,500

Best Value Apartments for Rent in Homestead, IA and Nearby

As of August 24, 2026 the best value apartment in the Homestead area is the $1.80 price per square foot Corner Windows Model at Penn Street Place in the in the Old Mill Creek neighborhood starting from $1,700. The second greatest value Homestead apartment is the 2 Bed 2 Bath Model at Union at Wiley starting at $995 with a $1.16 price per square foot in the Cedar Hills neighborhood. Here is today’s list of the best values for Homestead apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Penn Street PlaceCorner Windows2BR,2BA$1.80
Union at Wiley2 Bed 2 Bath2BR,1BA$1.16
Northview Apartments2BR/1.5BA2BR,1.5BA$1.11
Knollridge Garden Apartments2 Bedroom2BR,1BA$1.16
3212 Wilson Ave SW2 Bedrooms2BR,1BA$3.33
Vive Senior ApartmentsOne Bedroom1BR,1BA$1.68
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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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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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 Homestead, IA Rentals by Map

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See the most popular apartments and homes in Homestead, IA

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Frequently Asked Questions about Cheap Homestead Apartments

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

The lowest price for a Cheap One Bedroom Homestead Apartment is $580 at Goldfinch Meadows.

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

Today's best deal for a Cheap Two Bedroom Apartment in Homestead is starting from $765 at Goldfinch Meadows.

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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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.