Cheap Apartments for Rent in Indianola, IA from $500 (22 Rentals)

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Williams Terrace
1 to 2 Bedroom Apartments

Williams Terrace

1603 N 9th StIndianola, IA 50125

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Van-El Apartments
2 Bedroom Apartments

Van-El Apartments

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

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Indianola, IA Local Guide

Cheapest Available Indianola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Indianola, IA is a 2 Beds unit found at Foxwood Apartments in the Easton Park neighborhood priced from $600. Rosemont Place in the Southeast Des Moines neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $661. Here is today’s list of the most affordable Indianola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Foxwood ApartmentsB22BR,1BA$600
Rosemont PlaceB22BR,1BA$661
Next Level Apartments - Deer RunB12BR,1BA$701
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$725
Sunset Apartments1bd, 1ba1BR,1BA$750

Best Value Apartments for Rent in Indianola, IA and Nearby

As of September 18, 2025 the best value apartment in the Indianola area is the $1.13 price per square foot Vail Model at High Pointe in the in the Prairie View neighborhood starting from $1,157. The second greatest value Indianola apartment is the 2 Beds, 2 baths Model at Sunset Terrace starting at $1,120 with a $1.13 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 ListingModel NameBed/BathPrice Per Sq.Ft.
High PointeVail2BR,2BA$1.13
Sunset Terrace2 Beds, 2 baths2BR,2BA$1.13
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.89
The Meadows2 Bedroom2BR,1BA$0.91
Willow Bend2 Bedroom 2 Bath2BR,2BA$1.01
Next Level Apartments - Deer RunB12BR,1BA$0.88
SunburstTwo Bedroom-One Bath2BR,1BA$1.12
Sunset Apartments1bd, 1ba1BR,1BA$1.03
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.12
Foxwood ApartmentsA11BR,1BA$1.08

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Indianola, IA

School data provided by Great Schools

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Getting Around Indianola, IA

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Foxwood 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 $600 at Foxwood Apartments.

What is the most affordable Indianola Three Bedroom Apartment?

The best deal on a cheap Indianola Three Bedroom Apartment rental is at Southbrook Green and starts from $1,150.

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.

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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.

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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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.