
Cheap Homes for Rent in Indianola, IA from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Indianola.


907 Leach Ave

217 Loomis Ave

904 Randolph St

3145 SW 12th Pl

3422 SW 8th St

112 Davis Ave
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122 McKinley Ave

2323 E Porter Ave

315 E 24th St

704 SE 25th Ct

4446 Park Lawn Dr

4298 SE 17th St

443 Hart Ave
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.
Indianola, IA Local Guide

How much does it cost to rent a home in Indianola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianola 2 Bedroom Homes for Rent | $1,161 | $995 | $1,400 |
| Indianola 3 Bedroom Homes for Rent | $1,685 | $1,145 | $3,095 |
| Indianola 4 Bedroom Homes for Rent | $1,963 | $1,475 | $2,650 |
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Indianola, IA Local Guide
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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. Valley Acres Apartments in the Southwest Des Moines neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Indianola apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Foxwood Apartments | B2 | 2BR,1BA | $600 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $650 |
| Next Level Apartments - Easton Village | A1 | 1BR,1BA | $653 |
| Dennis Park Apartments | B1 | 2BR,1BA | $713 |
| East Park Apartments | 1/2 Story Down | 2BR,1BA | $750 |
Best Value Apartments for Rent in Indianola, IA and Nearby
As of December 26, 2025 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-Bedroom Model at Fort Des Moines starting at $975 with a $0.97 price per square foot in the Southwest Des Moines 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 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Magnolia Manor Apartments and Townhomes | 2 Bedroom | 2BR,1BA | $0.89 |
| Willow Bend | 2 Bedroom 2 Bath | 2BR,2BA | $0.98 |
| Evergreen Terrace | 2BR/1BA-Updated | 2BR,1BA | $1.00 |
| Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
| Dennis Park Apartments | B1 | 2BR,1BA | $0.89 |
| Deer Run Apartments | B1 | 2BR,1BA | $1.01 |
| Next Level Apartments - Easton Village | A1 | 1BR,1BA | $1.00 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.00 |
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.
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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!
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Frequently Asked Questions about Indianola
What type of rentals are currently available in Indianola?
There are currently 71 Apartments for Rent in Indianola, IA with pricing that ranges from $600 to $1,965. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianola ranging from $655 to $3,095.
What is the current price range for Rental Homes in Indianola?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Indianola ranges from $655 to $3,095 with an average monthly rent of $1,399.
How much are larger Three and Four Bedroom Rentals in Indianola?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Indianola range from $869 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,145 to $3,095. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $1,500.
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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.