
Cheap Apartments for Rent in Iola, TX from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Iola.


The Grand 1501

Arbor Square Apartments

Huntington Apartments

The Ivy

Landmark
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

Redstone Apartments

Heritage at Dartmouth

Sundance and Sausalito

Dwell at 1600

Serenity at Briarcrest
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.

Tower Park Apartments

415 Forest Dr Loop

2126 Crescent Pointe Pkwy

Lory of College Station

Eastmark Apartments

Flora 4050
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.
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 | $725 | $650 | $829 |
| Iola 1 Bedroom Apartments | $1,222 | $659 | $2,595 |
| Iola 2 Bedroom Apartments | $1,308 | $479 | $3,195 |
| Iola 3 Bedroom Apartments | $1,342 | $659 | $2,205 |
| Iola 4 Bedroom Apartments | $698 | $399 | $2,300 |
Browse Top Apartments in Iola
See all Apartments in IolaExplore Iola
Iola, TX Local Guide
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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. Flats on 12 in the Fields Of Runnymede neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. 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 |
| Flats on 12 | S1 | Studio,1BA | $650 |
| Arbor Square Apartments | One Bedroom / One bath | 1BR,1BA | $699 |
| The Grand 1501 | 1 Bed 1 Bath A | 1BR,1BA | $699 |
| The Ivy | 1 Bed 1 Bath L 600 | 1BR,1BA | $799 |
Best Value Apartments for Rent in Iola, TX and Nearby
As of February 05, 2026 the best value apartment in the Iola area is the $1.24 price per square foot B2 Model at Parcside Townhomes in the in the Fields Of Runnymede neighborhood starting from $1,341. The second greatest value Iola apartment is the 2/2 Model at Sonoma Apartments starting at $1,300 with a $1.22 price per square foot in the Fields Of Runnymede 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. |
|---|---|---|---|
| Parcside Townhomes | B2 | 2BR,2BA | $1.24 |
| Sonoma Apartments | 2/2 | 2BR,2BA | $1.22 |
| Highland Villas | 2 BR 2 B | 2BR,2BA | $1.07 |
| Serenity at Briarcrest | 2x1 | 2BR,1BA | $1.15 |
| Lofts at Wolf Pen Creek | B1 - 2BD/2BA | 2BR,2BA | $0.93 |
| The Gables Apartments | 2x2 | 2BR,2BA | $1.01 |
| Lory of College Station | FW | 2BR,1.5BA | $1.11 |
| Redstone Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.03 |
| Anderson Point Apartments | 2x1 | 2BR,1BA | $1.19 |
| Arbor Square Apartments | One Bedroom / One bath | 1BR,1BA | $1.13 |
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 ArticleCash 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.
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 #408
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
Frequently Asked Questions about Cheap Iola Apartments
What is the Cheapest Studio apartment in Iola?
Currently the most affordable Cheap Studio Apartment in Iola is at Flats on 12 listed at $650.
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 Parcside Townhomes and starts from $1,209.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.