Cheap Apartments for Rent in Indianola, IA from $675 (52 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Van-El Apartments
2 Bedroom Apartments

Van-El Apartments

300-308 S J StIndianola, IA 50125
  • Utilities Included

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.

Read Article
close
View Me
North American
2 to 3 Bedroom Apartments

North American

1 Johns StIndianola, IA 50125

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.

Read Article

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.

Read Article
close
View Me
South View Apartments
1 Bedroom Apartments

South View Apartments

4221 SE 13th StDes Moines, IA 50315
  • Utilities Included
close
View Me
6920 SW 9th St
2 Bedroom Apartments

6920 SW 9th St

6920 SW 9th StDes Moines, IA 50315

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.

Read Article
close
View Me
Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
Senior Living
  • Utilities Included
close
View Me
The Meadows
2 to 4 Bedroom Apartments

The Meadows

7500 Meadowlands DrDes Moines, IA 50320
close
View Me
Stanton Apartments
1 to 2 Bedroom Apartments

Stanton Apartments

2200 Stanton AveDes Moines, IA 50321
  • Utilities Included

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.

Read Article
Showing Results 1-50, Page 1 of 2

Indianola, IA Local Guide

Cheapest Available Indianola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Indianola, IA is a 1 Bed unit found at Valley Acres Apartments in the Southwest Des Moines neighborhood priced from $675. Next Level Apartments - Easton Village in the Easton Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Indianola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$675
Next Level Apartments - Easton VillageA11BR,1BA$695
Foxwood ApartmentsA21BR,1BA$701
Indianola Park Apartments1BR Upper1BR,1BA$750
Indianola Park II Apartments1BR Upper1BR,1BA$750
Sunset Apartments2bd, 1ba2BR,1BA$775
Dennis Park ApartmentsB12BR,1BA$804
MelbourneB2 - 60 - Income Restricted2BR,2BA$813
Rosemont PlaceB22BR,1BA$817
Deer Run ApartmentsB12BR,1BA$821

Best Value Apartments for Rent in Indianola, IA and Nearby

As of August 25, 2026 the best value apartment in the Indianola area is the $0.95 price per square foot 3 Bedroom Model at The Meadows in the in the Somerset neighborhood starting from $995. The second greatest value Indianola apartment is the Vail Model at High Pointe starting at $1,031 with a $1.01 price per square foot in the Prairie View neighborhood. Here is today’s list of the best values for Indianola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Meadows3 Bedroom3BR,2BA$0.95
High PointeVail2BR,2BA$1.01
Fort Des Moines2-Bedroom2BR,2BA$0.97
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
Rosemont PlaceB22BR,1BA$0.88
Evergreen Terrace2BR/1BA-Updated2BR,1BA$1.00
Sunset Apartments2bd, 1ba2BR,1BA$0.94
Dennis Park ApartmentsB12BR,1BA$1.01
Deer Run ApartmentsB12BR,1BA$1.03
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.04

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
Indianola, IA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Indianola, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Indianola, IA

View Map
Indianola, IA Apartments Map
View Map
Indianola, IA Rental Homes Map

Frequently Asked Questions about Cheap Indianola Apartments

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

The lowest price for a Cheap One Bedroom Indianola Apartment is $675 at Valley Acres Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Indianola is starting from $765 at Next Level Apartments - Easton Village.

What is the most affordable Indianola Three Bedroom Apartment?

The best deal on a cheap Indianola Three Bedroom Apartment rental is at The Meadows and starts from $995.

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 Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa article

A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa

Written by: Joseph Isenberg

I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.