Cheap Apartments for Rent near Iona, MN from $300 (73 Rentals)

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

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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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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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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Block 100
$1,095 - $1,595
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000 - $1,500
Required Monthly Fees
$95
Total Monthly Price
$1,095 - $1,595
1 to 2 Bedroom Apartments Available Now

Block 100

103 W Lyon StMarshall, MN 56258
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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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Lyon County Apartments
Studio to 1 Bedroom Apartments

Lyon County Apartments

200 S 4th StMarshall, MN 56258
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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
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Westside Apartments
1 to 2 Bedroom Apartments

Westside Apartments

1851 26th StSlayton, MN 56172
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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
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Tanglewood Estates
1 to 2 Bedroom Apartments

Tanglewood Estates

1755-1757 4th AveWindom, MN 56101
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Woodland Park - Ivanhoe
1 to 2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
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Buffalo Ridge Apartments
1 to 2 Bedroom Apartments

Buffalo Ridge Apartments

2107 Nobles StWorthington, MN 56187
Senior Living
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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.

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Iona, MN Local Guide

Cheapest Available Iona Apartments for Rent and Nearby

 

The cheapest available apartment rental in Iona, MN is a Studio unit found at Ridgeview Place Apartments in the Mystic Meadows neighborhood priced from $599. Sunshine Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Iona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview Place Apartments0BR/1.0BAStudio,1BA$599
Sunshine Apartments1 Bedroom and 1 bathroom1BR,1BA$725
Dublin Square Apartments and TownhomesStudio Bedroom / 1 BathroomStudio,1BA$775
Suite Liv'n - MarshallOne Bedroom1BR,1BA$775
Grand Teton Estates Apartments1BR/1.0BA1BR,1BA$775
Downtown Estates1 Bed, 1 bath1BR,1BA$795
Willows South CommonsStudioStudio,1BA$825
Okabena Tower 62+1 BR/1 BA1BR,1BA$827
Willows Edge CommonsApartment Style StudioStudio,1BA$845
Hoppe Properties626 #103 and #105 - 2 BD, 2 BA2BR,2BA$849

Best Value Apartments for Rent in Iona, MN and Nearby

As of July 26, 2026 the best value apartment in the Iona area is the $1.20 price per square foot 4 Bed 2.5 Bath Townhome Model at Tallgrass Village in the starting from $1,740. The second greatest value Iona apartment is the 3 Beds, 2.5 baths Model at Sundance Ridge Townhomes starting at $1,650 with a $1.15 price per square foot in the Southeast Sioux Falls neighborhood. Here is today’s list of the best values for Iona apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tallgrass Village4 Bed 2.5 Bath Townhome4BR,2.5BA$1.20
Sundance Ridge Townhomes3 Beds, 2.5 baths3BR,2.5BA$1.15
Paris Park TownhomesTwo Bedroom, Handicap2BR,1.5BA$0.85
100 W 10th St2x1.52BR,1.5BA$1.09
Windom Landing2 Bedroom - Lower Level ADA2BR,2BA$0.89
Bentley Park1 Bedroom 1 Bathroom Upper Level1BR,1BA$1.09
Hillview ApartmentsApartment Style 2 Bedroom 1 Bathroom2BR,1BA$1.09
Sullivan Square1 Bedroom 1 Bathroom1BR,1BA$1.19
Nobles Square Apartments2 Bedroom2BR,1BA$1.11
Downtown Estates1 Bed, 1 bath1BR,1BA$0.99

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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Quick 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.

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

Explore Iona, MN Rentals by Map

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See the most popular apartments and homes in Iona, MN

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Frequently Asked Questions about Cheap Iona Apartments

What is the Cheapest Studio apartment in Iona?

Currently the most affordable Cheap Studio Apartment in Iona is at Ridgeview Place Apartments listed at $599.

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

The lowest price for a Cheap One Bedroom Iona Apartment is $725 at Sunshine Apartments.

What is the lowest price for a Cheap Two Bedroom Iona Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Iona is starting from $800 at Grand Teton Estates Apartments.

What is the most affordable Iona Three Bedroom Apartment?

The best deal on a cheap Iona Three Bedroom Apartment rental is at Hoppe Properties and starts from $999.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.