
Cheap Apartments for Rent in Iowa Falls, IA from $460 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in Iowa Falls.


2516 Sunset Dr

Floyd Apartments

Palisades

Hubbard Maple Street Apartments

Woodland Park - Eldora

1108 S. 4th Street

Grandview Square Apartments

Pheasant Hollow Apartments

Southern Hills
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.

Mapleview Villa Apartments

Brookview Terrace

East Park Village Apartments

South Meadow

Northridge Apartments

3500 Grand Ave

246 Hyland

Olive Terrace Apartments

SUNDANCE MARSHALLTOWN APARTMENTS

Melrose Park Apartments
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.

Hyland Apartments

Somerset Apartments

Prairieview Manor

East Olive Apartments

Santa Barbara

420 S 4th St

Furman Somerset Apartments

225 Hyland

Timbercreek Apartments

Clock Tower Senior 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.

The Tallcorn

520 5th St

Furman 24th Street Apartments

Furman Regency Court

1005 28th St

116 Shepard St

203 Campus

309 N 3rd St

919 6th St

1006 Lincoln Way
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

2721 Luther Dr

1108 Grand Ave

305 S 1st St

Ferndale Furman Apartments

244 Hyland

1219 2nd St

Tall Timber Apartments

814 Burnett Ave

1431 Summit 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.
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 | $737 | $650 | $825 |
| Iowa Falls 1 Bedroom Apartments | $842 | $460 | $1,290 |
| Iowa Falls 2 Bedroom Apartments | $1,001 | $705 | $1,735 |
| Iowa Falls 3 Bedroom Apartments | $1,096 | $605 | $1,590 |
| Iowa Falls 4 Bedroom Apartments | $1,647 | $845 | $2,450 |
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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 $460. The Grove in the Grand Junction neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $650. 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 | $650 |
| Woodland Park - Eldora | Studio | Studio, 1BA | $650 |
| Grandview Square Apartments | 1 bedroom 1 bath | 1BR, 1BA | $690 |
| Southern Hills | A1 | 1BR, 1BA | $759 |
| Mapleview Villa Apartments | 2 Bed 1 bath | 2BR, 1BA | $775 |
| Brookview Terrace | B1 | 2BR, 1BA | $780 |
| East Park Village Apartments | 1BR Upper | 1BR, 1BA | $780 |
| Floyd Apartments | 1 Bedroom | 1BR, 1BA | $795 |
| South Meadow | 1 BR 1 BA - Timber - Suite - S | 1BR, 1BA | $799 |
Best Value Apartments for Rent in Iowa Falls, IA and Nearby
As of September 29, 2026 the best value apartment in the Iowa Falls area is the $0.96 price per square foot 4 BR/ 3 BA Model at 2721 London Dr in the Eagle Ridge neighborhood starting from $2,450. The second greatest value Iowa Falls apartment is the 4 Plus Bedroom/ 3 Bathroom - Lofted Model at 210 Gray - Sunset View in the Somerset neighborhood starting at $550 with a $0.36 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. |
|---|---|---|---|
| 2721 London Dr | 4 BR/ 3 BA | 4BR, 3BA | $0.96 |
| 210 Gray - Sunset View | 4 Plus Bedroom/ 3 Bathroom - Lofted | 4BR, 3BA | $0.36 |
| Mapleview Villa Apartments | 2 Bed 1 bath | 2BR, 1BA | $0.81 |
| The Grove | 2BR/2BA Upgraded | 2BR, 2BA | $0.81 |
| South View | Landmark | 2BR, 1BA | $1.00 |
| Grandview Square Apartments | 1 bedroom 1 bath | 1BR, 1BA | $0.77 |
| East Olive Apartments | B1 | 2BR, 1BA | $1.04 |
| Olive Terrace Apartments | B1 | 2BR, 1BA | $0.98 |
| Brookview Terrace | B1 | 2BR, 1BA | $1.00 |
| Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR, 1BA | $0.71 |
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.
Best Local Schools in Iowa Falls, IA
Rock Run Elementary School
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 $715 at Grandview Square 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 $650.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.