
Cheap Apartments for Rent in Iowa Falls, IA from $300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Iowa Falls.


Palisades

Hubbard Maple Street Apartments

Furman 24th Street Apartments

203 Campus

Grandview Square Apartments

Woodland Park - Eldora

Pheasant Hollow 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.

Bergengreen Apartments

Melrose Park Apartments

Somerset Apartments

3500 Grand Ave

Northridge Apartments

South Meadow

Brookview Terrace

SUNDANCE MARSHALLTOWN APARTMENTS
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.

Hyland Apartments

East Olive Apartments

Prairieview Manor

420 S 4th St

Santa Barbara

Furman Somerset Apartments

East Park Village Apartments

Tall Timber Apartments
Cash 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.

Clock Tower Senior Apartments

The Tallcorn

520 5th St

744 1st St

Furman Regency Court

1005 28th St

210 N Main St

116 Shepard 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.

309 N 3rd St

919 6th St

1006 Lincoln Way

215 N Main St

208 S 1st St

2721 Luther Dr

5504 Kansas Dr

238 Village Dr
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.

Ferndale Furman Apartments

4008 Ontario St

422 1st Ave
Iowa Falls, IA Local Guide

How much does it cost to rent an apartment in Iowa Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Iowa Falls Studio Apartments | $690 | $610 | $820 |
| Iowa Falls 1 Bedroom Apartments | $863 | $460 | $1,290 |
| Iowa Falls 2 Bedroom Apartments | $1,005 | $699 | $1,735 |
| Iowa Falls 3 Bedroom Apartments | $1,039 | $549 | $1,675 |
| Iowa Falls 4 Bedroom Apartments | $910 | $910 | $910 |
Browse Top Apartments in Iowa Falls
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Iowa Falls, IA Local Guide
- Nearby Cities
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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 $460. The Grove in the Grand Junction neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $599. Here is today’s list of the most affordable Iowa Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $460 |
| The Grove | 3BR/3BA Upgraded | 3BR,3BA | $599 |
| Woodland Park - Eldora | Studio | Studio,1BA | $650 |
| Melrose Park Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $785 |
| Somerset Apartments | Studio Apartment | Studio,1BA | $800 |
| Brookview Terrace | B1 | 2BR,1BA | $807 |
| SUNDANCE MARSHALLTOWN APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $809 |
| Hyland Apartments | 1 Bedroom Apartment | 1BR,1BA | $820 |
| Prairieview Manor | 1 Bedroom | 1BR,1BA | $844 |
| Pheasant Hollow Apartments | 3 Bed 1 Bath | 3BR,1BA | $850 |
Best Value Apartments for Rent in Iowa Falls, IA and Nearby
As of June 30, 2026 the best value apartment in the Iowa Falls area is the $0.61 price per square foot 3 Bed 1 Bath Model at Pheasant Hollow Apartments in the starting from $850. The second greatest value Iowa Falls apartment is the NorthEast Model at Lincoln Tower Apartments starting at $1,550 with a $1.20 price per square foot . Here is today’s list of the best values for Iowa Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pheasant Hollow Apartments | 3 Bed 1 Bath | 3BR,1BA | $0.61 |
| Lincoln Tower Apartments | NorthEast | 2BR,2BA | $1.20 |
| The Grove | 3BR/3BA Upgraded | 3BR,3BA | $0.48 |
| SUNDANCE MARSHALLTOWN APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.97 |
| Cedar Village Community | 2 Bed 1 Bath | 2BR,1BA | $1.08 |
| Aspen Village | 2724 Stange (2 bdrm) | 2BR,2BA | $1.22 |
| Brookview Terrace | B1 | 2BR,1BA | $1.03 |
| East Park Village Apartments | 2BR Upper | 2BR,1BA | $1.22 |
| Woodland Park - Eldora | 1 BR | 1BR,1BA | $1.19 |
| Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $0.75 |
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 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.
Best Local Schools in Iowa Falls, IA
Iowa Falls - Alden High School
Riverbend Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Iowa Falls, IA Rentals by Map
See the most popular apartments and homes in Iowa Falls, IA
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 $460 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 $795 at Melrose Park Apartments.
What is the most affordable Iowa Falls Three Bedroom Apartment?
The best deal on a cheap Iowa Falls Three Bedroom Apartment rental is at The Grove and starts from $599.
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

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.

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.