
Cheap Homes for Rent in Iona, MN from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Iona.


2009 Great Bend Blvd

2102 Gary Ave

316 N Van Eps Ave
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.

1110 S Blaine Ave

1114 S Blaine Ave

820 N Cedar St

703 N 5th St
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.

301 Luverne St.
Iona, MN Local Guide

How much does it cost to rent a home in Iona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Iona 2 Bedroom Homes for Rent | $1,161 | $599 | $2,000 |
| Iona 3 Bedroom Homes for Rent | $1,671 | $1,295 | $2,900 |
| Iona 4 Bedroom Homes for Rent | $2,449 | $1,250 | $3,500 |
| Iona 5 Bedroom Homes for Rent | $2,599 | $2,599 | $2,599 |
Browse Top Homes for Rent in Iona
Explore Iona
Iona, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Iona Apartments for Rent and Nearby
 The cheapest available apartment rental in Iona, MN is a 2 Beds unit found at RC Square Apartments in the Downtown Marshall neighborhood priced from $625. Milwaukee Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Iona apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
| Milwaukee Manor Apartments | 1 bed 1 bath | 1BR,1BA | $750 |
| Dublin Square Apartments and Townhomes | Studio Bedroom / 1 Bathroom | Studio,1BA | $765 |
Best Value Apartments for Rent in Iona, MN and Nearby
As of December 25, 2025 the best value apartment in the Iona area is the $0.68 price per square foot 4 Bedroom - Upper Level Model at Windom Landing in the starting from $975. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windom Landing | 4 Bedroom - Upper Level | 4BR,2BA | $0.68 |
| Sundance Ridge Townhomes | 3 Beds, 2.5 baths | 3BR,2.5BA | $1.15 |
| 110 W 10th St | Model B | 3BR,2BA | $1.11 |
| Lakeside Apartments | D - 2 Bed 2 Bath | 2BR,2BA | $1.23 |
| Joslyn Heights Apartments | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.12 |
| Bentley Park | 1 Bedroom 1 Bathroom Lower Level | 1BR,1BA | $1.01 |
| Hillview Apartments | Apartment Style 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Sullivan Square | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,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.
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.
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 Iona
What type of rentals are currently available in Iona?
There are currently 67 Apartments for Rent in Iona, MN with pricing that ranges from $399 to $3,804. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Iona ranging from $599 to $3,500.
What is the current price range for Rental Homes in Iona?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Iona ranges from $599 to $3,500 with an average monthly rent of $1,756.
How much are larger Three and Four Bedroom Rentals in Iona?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Iona range from $950 to $3,804, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $975.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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!