
Cheap Apartments for Rent in Iola, TX from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Iola.


Arbor Square Apartments

Huntington Apartments

Redstone Apartments

The Ivy
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.

The Gables Apartments

Sundance and Sausalito

Heritage at Dartmouth

Landmark

Dwell at 1600
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.

Sonoma Apartments

Tower Park Apartments

Serenity at Briarcrest

415 Forest Dr Loop
Cash 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.
Iola, TX Local Guide

How much does it cost to rent an apartment in Iola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Iola Studio Apartments | $829 | $829 | $829 |
| Iola 1 Bedroom Apartments | $1,229 | $659 | $2,595 |
| Iola 2 Bedroom Apartments | $1,317 | $479 | $3,195 |
| Iola 3 Bedroom Apartments | $1,406 | $659 | $2,205 |
| Iola 4 Bedroom Apartments | $718 | $419 | $2,300 |
Browse Top Apartments in Iola
See all Apartments in IolaExplore Iola
Iola, TX Local Guide
- Nearby Cities
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Cheapest Available Iola Apartments for Rent and Nearby
 The cheapest available apartment rental in Iola, TX is a 4 Beds unit found at Lofts at Wolf Pen Creek in the Fields Of Runnymede neighborhood priced from $419. The Grand 1501 in the Fields Of Runnymede neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Iola apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lofts at Wolf Pen Creek | B4 - 4BD/2BA (Dbl Occ) | 4BR,2BA | $419 |
| The Grand 1501 | 1 Bed 1 Bath A | 1BR,1BA | $699 |
| Huntington Apartments | Unit A | 1BR,1BA | $739 |
| The Ivy | 1 Bed 1 Bath L 600 | 1BR,1BA | $799 |
| The Gables Apartments | 2x1 | 2BR,1BA | $849 |
Best Value Apartments for Rent in Iola, TX and Nearby
As of November 22, 2025 the best value apartment in the Iola area is the $1.12 price per square foot Sundance 3x2 Model at Sundance and Sausalito in the in the Park Hudson neighborhood starting from $1,349. The second greatest value Iola apartment is the B6 Model at Dwell at 1600 starting at $1,350 with a $1.17 price per square foot in the Southwood Valley neighborhood. Here is today’s list of the best values for Iola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sundance and Sausalito | Sundance 3x2 | 3BR,2BA | $1.12 |
| Dwell at 1600 | B6 | 2BR,1.5BA | $1.17 |
| Parcside Townhomes | B2 | 2BR,2BA | $1.18 |
| Oakwood Crossing | 2x2 B3 | 2BR,2BA | $1.15 |
| Highland Villas | 2 BR 2 B | 2BR,2BA | $0.87 |
| Cedar Creek Apartments | Brook | 2BR,1.5BA | $1.03 |
| Lofts at Wolf Pen Creek | B1 - 2BD/2BA | 2BR,2BA | $0.85 |
| Lory of College Station | FW | 2BR,1.5BA | $1.11 |
| Serenity at Briarcrest | 1x1 | 1BR,1BA | $1.18 |
| Anderson Point Apartments | 2x1 | 2BR,1BA | $1.16 |
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 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.
Pet Friendly LifestyleIola, TX
Ranked #362
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Iola, TX Rentals by Map
See the most popular apartments and homes in Iola, TX
Getting Around Iola, TX
Walk Score®
3 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
26 / 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 Iola Apartments
How much is rent for a Cheap One Bedroom Iola Apartment?
The lowest price for a Cheap One Bedroom Iola Apartment is $699 at The Grand 1501.
What is the lowest price for a Cheap Two Bedroom Iola Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Iola is starting from $479 at Lofts at Wolf Pen Creek.
What is the most affordable Iola Three Bedroom Apartment?
The best deal on a cheap Iola Three Bedroom Apartment rental is at Sundance and Sausalito and starts from $1,299.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.


