
Cheap Apartments for Rent in Indianola, IA from $600 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Indianola.


Total Monthly Price
Foxwood Apartments

East Park Apartments

902-905 N 14th St

Dennis Park Apartments

Total Monthly Price
Deer Run Apartments

501 S Jefferson Way, Unit 1

1111 E Iowa Ave
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.

Linden East Apartments

Van-El Apartments

Park View Senior Apartments

Indianola Park Apartments

Indianola Park II Apartments

North American

Williams Terrace

Valley Acres 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.

Melbourne

Total Monthly Price
Sunset Apartments

Total Monthly Price
Somerset

Carlisle Park Apartments

Evergreen Terrace

Sunburst

Willow Bend

Total Monthly Price
Rosemont Place
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.

Magnolia Manor Apartments and Townhomes

Elmcrest

Southbrook Green

Total Monthly Price
The Hampton Meadows

Cedarbrooke Place

Allure at 57

South View Apartments LLC
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.

2220 E Walnut St

Southern Park Apartments

Stidham- 6920 SW 9th St

Southridge Senior Lofts

Flats on 5th

The Meadows

Scotchview Manor Apartments

BNL Investments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Iowa Stanton LLC

5508 SW 8th St

5104 SW 9th St

122 McKinley Ave
Indianola, IA Local Guide

How much does it cost to rent an apartment in Indianola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianola Studio Apartments | $860 | $725 | $995 |
| Indianola 1 Bedroom Apartments | $883 | $650 | $1,380 |
| Indianola 2 Bedroom Apartments | $983 | $651 | $1,965 |
| Indianola 3 Bedroom Apartments | $1,384 | $865 | $1,900 |
Browse Top Apartments in Indianola
See all Apartments in IndianolaExplore Indianola
Indianola, IA Local Guide
- Indianola Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $650. Melbourne in the Southeast Des Moines neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $651. Here is today’s list of the most affordable Indianola apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $650 |
| Melbourne | B1 - 30 - Income Restricted | 2BR,2BA | $651 |
| Next Level Apartments - Easton Village | A1 | 1BR,1BA | $683 |
| Foxwood Apartments | A2 | 1BR,1BA | $700 |
| Sunset Apartments | Studio, 1 ba | Studio,1BA | $725 |
| The Hampton Meadows | A1 - Renovated | 1BR,1BA | $750 |
| East Park Apartments | One Bedroom | 2BR,1BA | $750 |
| The Ridges | A1 - Renovated | 1BR,1BA | $775 |
| Sunburst | One Bedroom | 1BR,1BA | $790 |
| Willow Bend | 1 Bedroom | 1BR,1BA | $810 |
Best Value Apartments for Rent in Indianola, IA and Nearby
As of February 25, 2026 the best value apartment in the Indianola area is the $1.00 price per square foot 3 Beds, 2 baths Model at Sunset Terrace in the in the Easton Park neighborhood starting from $1,220. The second greatest value Indianola apartment is the 2 bed 2 bath w/out laundry Model at Linden West starting at $1,100 with a $1.05 price per square foot in the Easton Park neighborhood. Here is today’s list of the best values for Indianola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunset Terrace | 3 Beds, 2 baths | 3BR,2BA | $1.00 |
| Linden West | 2 bed 2 bath w/out laundry | 2BR,2BA | $1.05 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Magnolia Manor Apartments and Townhomes | 2 Bedroom | 2BR,1BA | $0.89 |
| The Meadows | 2 Bedroom | 2BR,1BA | $0.91 |
| Evergreen Terrace | 2BR/1BA-Updated | 2BR,1BA | $1.00 |
| Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
| Deer Run Apartments | B1 | 2BR,1BA | $1.05 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.00 |
| Next Level Apartments - Easton Village | A1 | 1BR,1BA | $1.05 |
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 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.
Best Local Schools in Indianola, IA
Irving Elementary School
Indianola High School
Indianola Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Indianola, IA Rentals by Map
See the most popular apartments and homes in Indianola, IA
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 $650 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 $651 at Melbourne.
What is the most affordable Indianola Three Bedroom Apartment?
The best deal on a cheap Indianola Three Bedroom Apartment rental is at Somerset and starts from $871.
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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
