Cheap Apartments for Rent near Iola, TX from $419 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in Iola.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Lory of College Station
Rent Specials
$913 - $1,098
Total Monthly Price

Total Monthly Price

Base Rent
$913 - $1,098

Total Monthly Price
$913 - $1,098
1 to 3 Bedroom Apartments Available Now

Lory of College Station

309 Redmond DrCollege Station, TX 77840
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Ridge
$1,061 - $1,481
Total Monthly Price

Total Monthly Price

Base Rent
$1,061 - $1,481

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Ridge

2250 Dartmouth StCollege Station, TX 77840
Student Housing
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  • Customer Reviewed
  • 3D Tour
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21 Gramercy Park
Rent Specials
$1,230 - $2,405
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $2,405

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

21 Gramercy Park

21 Gramercy Park DrBryan, TX 77802
Student Housing
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Oakwood Crossing
$1,277 - $3,166
Total Monthly Price

Total Monthly Price

Base Rent
$1,277 - $3,166

Total Monthly Price
$1,277 - $3,166
1 to 3 Bedroom Apartments Available Now

Oakwood Crossing

3210 Harvey RdCollege Station, TX 77845
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Eastmark Apartments
Studio to 2 Bedroom Apartments

Eastmark Apartments

2400 Central Park AveCollege Station, TX 77840
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Heritage at Dartmouth
1 to 2 Bedroom Apartments

Heritage at Dartmouth

2518 Dartmouth StCollege Station, TX 77840
  • Utilities Included
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Falcon Point Condos
1 to 2 Bedroom Apartments

Falcon Point Condos

1915 Dartmouth StCollege Station, TX 77840
  • Utilities Included
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Flora 4050
Studio to 3 Bedroom Apartments

Flora 4050

4050 Eastchester DrBryan, TX 77802
Corporate Housing
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Wolf Creek Condos
1 to 3 Bedroom Apartments

Wolf Creek Condos

1811 George Bush Dr ECollege Station, TX 77840
  • Utilities Included

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.

Iola, TX Local Guide

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 (new) in the College Station neighborhood priced from $419. Dwell at 1600 in the College Station neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $599. Here is today’s list of the most affordable Iola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lofts at Wolf Pen Creek (new)B4 - 4BD/2BA (Dbl Occ)4BR,2BA$419
Dwell at 1600B22BR,1BA$599
The Grand 1501Studio 1 BathStudio,1BA$699
The Gables ApartmentsStudioStudio,1BA$739
Flats on 12A11BR,1BA$755
The Ivy1 Bed 1 Bath 6701BR,1BA$760
Arbor Square ApartmentsOne Bedroom / One bath1BR,1BA$799
Sundance and SausalitoSundance 1x11BR,1BA$815
Redstone Apartments2/1 B2BR,1BA$829
Highland Villas1 BR 1 B1BR,1BA$836

Best Value Apartments for Rent in Iola, TX and Nearby

As of August 28, 2026 the best value apartment in the Iola area is the $1.02 price per square foot Special Program Model at Cedar Creek Apartments in the in the College Station neighborhood starting from $1,045. The second greatest value Iola apartment is the B3 - 2BD/2BA Model at Lofts at Wolf Pen Creek (new) starting at $899 with a $0.88 price per square foot in the College Station neighborhood. Here is today’s list of the best values for Iola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar Creek ApartmentsSpecial Program2BR,1.5BA$1.02
Lofts at Wolf Pen Creek (new)B3 - 2BD/2BA2BR,2BA$0.88
Serenity at Briarcrest 55+ Active Adult2x12BR,1BA$1.10
Redstone Apartments2/1 B2BR,1BA$1.03
Anderson Point Apartments2x12BR,1BA$1.19
Pepper TreeTwo Bed / Two Bath2BR,1.5BA$1.25
Sonoma Apartments1/11BR,1BA$1.23
Highland Villas1 BR 1 B1BR,1BA$1.19
Dwell at 1600A11BR,1BA$1.08
Arbor Square ApartmentsOne Bedroom / One bath1BR,1BA$1.30

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Iola, TX

Ranked #267

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 The Grand 1501 listed at $699.

How much is rent for a Cheap One Bedroom Iola Apartment?

The lowest price for a Cheap One Bedroom Iola Apartment is $699 at Dwell at 1600.

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 $499 at Lofts at Wolf Pen Creek (new).

What is the most affordable Iola Three Bedroom Apartment?

The best deal on a cheap Iola Three Bedroom Apartment rental is at Dwell at 1600 and starts from $799.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.