
Cheap Apartments for Rent near Iona, MN from $599 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in Iona.


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RC Square Apartments

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Sunshine Apartments

Tallgrass Village

Hillview Apartments

Dublin Square Apartments and Townhomes

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Suite Liv'n - Marshall

104 W Main St

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Downtown Estates

Aspen Ridge Reserve
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.

Grand Teton Estates Apartments

Willows South Commons

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Okabena Tower 62+

Willows Edge Commons

The Shores at Spirit Lake

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Nobles Square Apartments

Split Rock Village Apartments & Townhomes

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Ashley Estates

Briarwood Apartments

The Current
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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Circle Pines Apartments

Silverthorne Flats

232 Fremont St S

Carlton at Dawley

Prairie Trail Village

Sullivan Square

Welcome to Huntington Village

Bentley Park

Millstone Commons

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South Shore Apartments
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.

Joslyn Heights Apartments

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LAKESIDE APTS OF WINDOM

HOME - FIELD APARTMENTS I

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Nexus Apartments

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Windom Landing

Lyon County Apartments

Stately Manor Apartments

Westside Apartments

Morning Sun Apartments

Damax Apartments
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.

Rosewood Heights Apartments

Tanglewood Estates

Woodland Park - Ivanhoe

Buffalo Ridge Apartments

City Centre Apartments

Oakwood Apartments

Milwaukee Manor Apartments

1300 E 6th St

Westmar Apartments

1304 E 4th St
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.
Iona, MN Local Guide

How much does it cost to rent an apartment in Iona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Iona Studio Apartments | $878 | $599 | $1,567 |
| Iona 1 Bedroom Apartments | $1,066 | $650 | $2,027 |
| Iona 2 Bedroom Apartments | $1,330 | $625 | $3,005 |
| Iona 3 Bedroom Apartments | $1,716 | $1,070 | $2,785 |
| Iona 4 Bedroom Apartments | $1,206 | $1,100 | $2,150 |
Browse Top Apartments in Iona
See all Apartments in IonaExplore Iona
Iona, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Place Apartments | 0BR/1.0BA | Studio,1BA | $599 |
| Sunshine Apartments | 1 Bedroom and 1 bathroom | 1BR,1BA | $725 |
| Tallgrass Village | Studio Apartment | Studio,1BA | $730 |
| Suite Liv'n - Marshall | One Bedroom | 1BR,1BA | $775 |
| Dublin Square Apartments and Townhomes | Studio Bedroom / 1 Bathroom | Studio,1BA | $775 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $795 |
| Grand Teton Estates Apartments | 2BR/1.0BA | 2BR,1BA | $800 |
| Aspen Ridge Reserve | Studio Apartment | Studio,1BA | $800 |
| Willows South Commons | Studio | Studio,1BA | $825 |
| Okabena Tower 62+ | 1 BR/1 BA | 1BR,1BA | $827 |
Best Value Apartments for Rent in Iona, MN and Nearby
As of September 10, 2026 the best value apartment in the Iona area is the $0.73 price per square foot Two Bedroom Model at Paris Park Townhomes in the in the Downtown Marshall neighborhood starting from $1,180. The second greatest value Iona apartment is the 2 Bedroom 1.5 Bathroom Model at The Current starting at $1,410 with a $0.95 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Paris Park Townhomes | Two Bedroom | 2BR,1.5BA | $0.73 |
| The Current | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $0.95 |
| Windom Landing | 4bed/2bath | 4BR,2BA | $0.76 |
| 100 W 10th St | 2x1.5 | 2BR,1.5BA | $1.09 |
| Joslyn Heights Apartments | 2 Bed 1 Bath Apartment | 2BR,1BA | $1.06 |
| Hillview Apartments | Apartment Style 2 Bedroom 1 Bathroom | 2BR,1BA | $1.09 |
| HOME - FIELD APARTMENTS I | 1BR/1.0BA | 1BR,1BA | $1.13 |
| Nobles Square Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
| Grand Teton Estates Apartments | 2BR/1.0BA | 2BR,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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Iona, MN Rentals by Map
See the most popular apartments and homes in Iona, MN
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 Suite Liv'n - Marshall and starts from $1,150.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.