
Cheap Homes for Rent in Independence, IA from $400 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Independence.


306 1/2 1st St SE

216 Courtland St

313 Dearborn Ave

1422 Irish Dr

147 French St

420 Water St

2113 Mulberry St

645 Wyoming St

1503 Franklin St

114 E 4th St

247 Madison St

241 Madison St

27 2nd Ave SE

210 Butler Ave

2 1st St NE
Independence, IA Local Guide

How much does it cost to rent a home in Independence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Independence 2 Bedroom Homes for Rent | $928 | $575 | $1,700 |
| Independence 3 Bedroom Homes for Rent | $1,112 | $850 | $2,000 |
| Independence 4 Bedroom Homes for Rent | $1,231 | $1,050 | $1,495 |
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Independence, IA Local Guide
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Cheapest Available Independence Apartments for Rent and Nearby
 The cheapest available apartment rental in Independence, IA is a 1 Bed unit found at The Meadows Apartments in the Southlawn Court neighborhood priced from $600. Prairie Village of LaPorte City has the second lowest priced unit, which is a 1 Bed apartment currently listed from $643. Here is today’s list of the most affordable Independence apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Meadows Apartments | Meadows 1Bd | 1BR,1BA | $600 |
| Prairie Village of LaPorte City | 1 Bedroom | 1BR,1BA | $643 |
| Russell Lamson | Studio | Studio,1BA | $675 |
| Le Chateau | 1BR/1.0BA | 1BR,1BA | $725 |
| Meadow Ridge Apartments | 2 BR/ 1 BA | 2BR,1BA | $775 |
Best Value Apartments for Rent in Independence, IA and Nearby
As of November 09, 2025 the best value apartment in the Independence area is the $1.10 price per square foot 2 BR/ 2 BA Model at 3714 Ravenwood Cir in the starting from $1,150. The second greatest value Independence apartment is the 2 Bedroom/1 Bath Model at Pineview Place Apartments starting at $1,025 with a $1.03 price per square foot . Here is today’s list of the best values for Independence apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.10 |
| Pineview Place Apartments | 2 Bedroom/1 Bath | 2BR,1BA | $1.03 |
| West Brook Apartments | Brand New 2 Bedroom/2 Bathroom Units at West Br... | 2BR,2BA | $1.15 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
| Meadow Ridge Apartments | 2 BR/ 1 BA | 2BR,1BA | $0.93 |
| 1150 Home Park Blvd | 2BR/1.0BA | 2BR,1BA | $1.02 |
| Legacy Manor of Waterloo | 1 bedroom | 1BR,1BA | $1.13 |
| 1637 Carriage Hill | 2BR/1.0BA | 2BR,1BA | $1.10 |
| The Meadows Apartments | Meadows 1Bd | 1BR,1BA | $0.92 |
| Le Chateau | 1BR/1.0BA | 1BR,1BA | $1.20 |
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Frequently Asked Questions about Independence
What type of rentals are currently available in Independence?
There are currently 53 Apartments for Rent in Independence, IA with pricing that ranges from $600 to $2,500. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Independence ranging from $425 to $2,000.
What is the current price range for Rental Homes in Independence?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Independence ranges from $425 to $2,000 with an average monthly rent of $913.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.