
Cheap Apartments for Rent in Iowa Falls, IA from $300 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Iowa Falls.


Hubbard Maple Street Apartments

Southern Hills

Grandview Square Apartments

309 N 3rd St

The Tallcorn

520 5th 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.

1215 2nd St

546 2nd St

Furman Regency Court

104 2nd Ave N

213 N Main St

Woodland Park - Eldora

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.
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 | $845 | $645 | $995 |
| Iowa Falls 1 Bedroom Apartments | $876 | $394 | $1,290 |
| Iowa Falls 2 Bedroom Apartments | $1,012 | $467 | $1,818 |
| Iowa Falls 3 Bedroom Apartments | $1,240 | $625 | $2,025 |
| Iowa Falls 4 Bedroom Apartments | $1,850 | $875 | $2,825 |
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Iowa Falls, IA Local Guide
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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 $450. Southern Hills has the second lowest priced unit, which is a Studio apartment currently listed from $645. 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 | $450 |
| Southern Hills | S1 | Studio,1BA | $645 |
| Grandview Square Apartments | 1 bedroom 1 bath | 1BR,1BA | $685 |
| East Olive Apartments | B1 | 2BR,1BA | $754 |
| Olive Terrace Apartments | B1 | 2BR,1BA | $754 |
Best Value Apartments for Rent in Iowa Falls, IA and Nearby
As of January 27, 2026 the best value apartment in the Iowa Falls area is the $0.99 price per square foot Bradford Model at Park Place in the starting from $1,165. The second greatest value Iowa Falls apartment is the 2bed 1bth Model at Grandview Square Apartments starting at $765 with a $0.77 price per square foot in the Eagle Ridge neighborhood. 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. |
|---|---|---|---|
| Park Place | Bradford | 3BR,1BA | $0.99 |
| Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $0.77 |
| The Grove | 2BR/2BA | 2BR,2BA | $0.77 |
| Cedar Village Community | 2 Bed 1 Bath | 2BR,1BA | $1.08 |
| Northridge Apartments | 2 BR/ 1 BA | 2BR,1BA | $0.89 |
| SUNDANCE MARSHALLTOWN APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
| Pharaohs Valley | B1 | 2BR,1BA | $0.91 |
| East Olive Apartments | B1 | 2BR,1BA | $0.91 |
| Olive Terrace Apartments | B1 | 2BR,1BA | $0.91 |
| Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $0.73 |
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
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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!
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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 $755 at East Olive 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 Cedar Village Community and starts from $1,095.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.