Cheap Homes for Rent in Indianola, IA from $600 (14 Rentals)

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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. 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 ListingModel NameBed/BathPriced From
Foxwood ApartmentsB22BR,1BA$600
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$650
Next Level Apartments - Easton VillageA11BR,1BA$653
Dennis Park ApartmentsB12BR,1BA$713
East Park Apartments1/2 Story Down2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Terrace3 Beds, 2 baths3BR,2BA$1.00
Fort Des Moines2-Bedroom2BR,2BA$0.97
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.89
Willow Bend2 Bedroom 2 Bath2BR,2BA$0.98
Evergreen Terrace2BR/1BA-Updated2BR,1BA$1.00
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Dennis Park ApartmentsB12BR,1BA$0.89
Deer Run ApartmentsB12BR,1BA$1.01
Next Level Apartments - Easton VillageA11BR,1BA$1.00
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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

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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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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.

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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.

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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.