Cheap Apartments for Rent in Indianola, IA from $500 (32 Rentals)

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Van-El Apartments
2 Bedroom Apartments

Van-El Apartments

300-308 S J StIndianola, IA 50125
  • 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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North American
2 to 3 Bedroom Apartments

North American

1 Johns StIndianola, IA 50125

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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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.

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Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
  • Utilities Included
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Iowa Stanton LLC
1 to 2 Bedroom Apartments

Iowa Stanton LLC

2200 Stanton AveDes Moines, IA 50321
  • Utilities Included

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.

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Showing Results 1-32, Page 1 of 1

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 $638. Melbourne in the Southeast Des Moines neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $639. Here is today’s list of the most affordable Indianola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Foxwood ApartmentsB22BR,1BA$638
MelbourneB3 - 40 - Income Restricted2BR,2BA$639
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$725
East Park Apartments1/2 Story Down2BR,1BA$750
Sunset ApartmentsStudio, 1 baStudio,1BA$775
SomersetB22BR,1BA$786
Scotchview Manor Apartments1 BR - 30% Gross Income1BR,1BA$794
The Meadows2 Bedroom2BR,1BA$795
Willow Bend1 Bedroom1BR,1BA$810
Next Level Apartments - Deer RunB12BR,1BA$825

Best Value Apartments for Rent in Indianola, IA and Nearby

As of July 01, 2025 the best value apartment in the Indianola area is the $1.11 price per square foot Telluride Model at High Pointe in the in the Prairie View neighborhood starting from $1,364. The second greatest value Indianola apartment is the 3 Bedroom Model at The Meadows starting at $950 with a $0.91 price per square foot in the Somerset 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 PointeTelluride3BR,2BA$1.11
The Meadows3 Bedroom3BR,2BA$0.91
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.89
Linden East ApartmentsTwo Bed2BR,1BA$1.00
The RidgesB1 - Deluxe2BR,1BA$1.06
Foxwood ApartmentsB12BR,1BA$0.83
Next Level Apartments - Deer RunB12BR,1BA$1.03
SunburstTwo Bedroom-One Bath2BR,1BA$1.11
SomersetB12BR,1BA$1.10
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.12

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Best Local Schools in
Indianola, IA

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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 $725 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 $638 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 The Meadows and starts from $950.

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.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.