Cheap Apartments for Rent in Homestead, IA from $400 (53 Rentals)

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

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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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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CR Legacy
3 to 4 Bedroom Apartments

CR Legacy

100-200 66th Ave SWCedar Rapids, IA 52404
  • Utilities Included

Cash 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.

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Westcove North
2 Bedroom Apartments

Westcove North

3507 Queen Dr SWCedar Rapids, IA 52404
  • Utilities Included
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280 S Chestnut St
2 Bedroom Apartments

280 S Chestnut St

280 S Chestnut StNorth Liberty, IA 52317
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Westcove
2 Bedroom Apartments

Westcove

3615 Queen Dr SWCedar Rapids, IA 52404
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The Avenue
1 to 2 Bedroom Apartments

The Avenue

5200 16th AveCedar Rapids, IA 52404
  • Utilities Included
property at 2262 Holiday Rd

$1,050 - $1,150

2 Bedroom Rentals

Available Aug 1

2262 Holiday Rd

CoralvilleIA52241
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Miller Avenue Estates
1 to 4 Bedroom Apartments

Miller Avenue Estates

64 Miller Ave SWCedar Rapids, IA 52404
  • Utilities Included

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.

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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
property at 2869 Coral Ct

$1,300

2 Bedroom Rentals

Available Aug 1

2869 Coral Ct

CoralvilleIA52241

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.

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Showing Results 1-50, Page 1 of 2

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 Shamrock Apartments in the Usher's Ferry Historic Village neighborhood priced from $560. Goldfinch Meadows in the Cedar Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $580. Here is today’s list of the most affordable Homestead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$560
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$580
Southview ApartmentsSouthview 1 bedroom Classic1BR,1BA$650
Union at Wiley2 Bed 2 Bath2BR,1BA$995
Vive Senior ApartmentsOne Bedroom1BR,1BA$1,150
Stone Ridge Apartments & Townhomes1br, 1ba1BR,1BA$1,300
Penn Street Place2 Bedroom2BR,2BA$1,500
1735 N Jones BlvdLayout 2A2BR,2BA$1,595

Best Value Apartments for Rent in Homestead, IA and Nearby

As of May 25, 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 Layout 2A Model at 1735 N Jones Blvd starting at $1,595 with a $1.72 price per square foot in the Old Mill Creek 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
1735 N Jones BlvdLayout 2A2BR,2BA$1.72
Union at Wiley2 Bed 2 Bath2BR,1BA$1.16
Shamrock ApartmentsArrowridge small 2 bedroom2BR,1BA$1.06
Stone Ridge Apartments & Townhomes1br, 1ba1BR,1BA$1.79
Vive Senior ApartmentsOne Bedroom1BR,1BA$1.76
Southview ApartmentsSouthview 1 bedroom Classic1BR,1BA$1.02
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!

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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 $560 at Shamrock Apartments.

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 $760 at Shamrock Apartments.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.