Cheap Apartments for Rent in Iowa Falls, IA from $300 (10 Rentals)

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

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.

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520 5th St
1 Bedroom Apartments

520 5th St

520 5th StAmes, IA 50010
  • Utilities Included
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Furman Regency Court
1 to 2 Bedroom Apartments

Furman Regency Court

3020 Regency CtAmes, IA 50010
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Woodland Park - Eldora
Studio to 2 Bedroom Apartments

Woodland Park - Eldora

2413 Edgington AveEldora, IA 50627
  • Utilities Included

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.

Iowa Falls, IA Local Guide

Cheapest Available Iowa Falls Apartments for Rent and Nearby

 

The cheapest available apartment rental in Iowa Falls, IA is a 1 Bed unit found at Hubbard Maple Street Apartments priced from $450. The Tallcorn has the second lowest priced unit, which is a 1 Bed apartment currently listed from $505. Here is today’s list of the most affordable Iowa Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hubbard Maple Street Apartments1 BR/1 BA1BR,1BA$450
The Tallcorn1 bedroom, 1 bath1BR,1BA$505
Melrose Park Apartments1 Bed, 1 bath1BR,1BA$705

Best Value Apartments for Rent in Iowa Falls, IA and Nearby

As of June 24, 2025 the best value apartment in the Iowa Falls area is the $0.70 price per square foot 3 Bed 2 Bath Model at Pheasant Hollow Apartments in the starting from $1,000. The second greatest value Iowa Falls apartment is the B3 Model at Southern Hills starting at $1,125 with a $0.97 price per square foot . Here is today’s list of the best values for Iowa Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pheasant Hollow Apartments3 Bed 2 Bath3BR,2BA$0.70
Southern HillsB32BR,2BA$0.97
Clock Tower Senior Apartments2 Bedroom Market2BR,2BA$1.03
The Grove at Ames2BR/2BA2BR,2BA$0.73
Somerset Apartments2 Bedroom2BR,1BA$1.18
Hyland Apartments2 Bedroom Apartment2BR,2BA$1.23
Northridge Apartments2 BR/ 1 BA2BR,1BA$0.89
The Allure at Rivers Edge2 Bed/2bath2BR,2BA$1.23
Hubbard Maple Street Apartments1 BR/1 BA1BR,1BA$0.73
The Tallcorn1 bedroom, 1 bath1BR,1BA$0.83

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

Explore Iowa Falls, IA Rentals by Map

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Getting Around Iowa Falls, IA

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Iowa Falls Apartments

How much is rent for a Cheap One Bedroom Iowa Falls Apartment?

The lowest price for a Cheap One Bedroom Iowa Falls Apartment is $450 at Hubbard Maple Street Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Iowa Falls is starting from $725 at Southern Hills.

What is the most affordable Iowa Falls Three Bedroom Apartment?

The best deal on a cheap Iowa Falls Three Bedroom Apartment rental is at Pheasant Hollow Apartments and starts from $1,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.