
Cheap Apartments for Rent in Iowa Falls, IA from $300 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Iowa Falls.


Palisades

Hubbard Maple Street Apartments

Woodland Park - Eldora

Grandview Square Apartments

Pheasant Hollow Apartments

1006 Lincoln Way

Mapleview Villa Apartments
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.

East Park Village Apartments

Melrose Park Apartments

Somerset Apartments

South Meadow

3500 Grand Ave

Northridge Apartments

SUNDANCE MARSHALLTOWN APARTMENTS

Hyland 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.

Brookview Terrace

Prairieview Manor

420 S 4th St

Santa Barbara

Clock Tower Senior Apartments

The Tallcorn

520 5th St

744 1st St
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.

Furman 24th Street Apartments

Furman Regency Court

1005 28th St

203 Campus

116 Shepard St

309 N 3rd St

215 N Main St

919 6th St
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

515 Pleasant St

2721 Luther Dr

821 Willow St

Ferndale Furman Apartments

4008 Ontario St

Furman Somerset Apartments

Tall Timber 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.

814 Burnett 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 | $730 | $650 | $820 |
| Iowa Falls 1 Bedroom Apartments | $848 | $460 | $1,290 |
| Iowa Falls 2 Bedroom Apartments | $999 | $649 | $1,735 |
| Iowa Falls 3 Bedroom Apartments | $1,041 | $549 | $1,645 |
Browse Top Apartments in Iowa Falls
See all Apartments in Iowa FallsExplore Iowa Falls
Iowa Falls, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 |
| Grandview Square Apartments | 1 bedroom 1 bath | 1BR,1BA | $700 |
| Mapleview Villa Apartments | 2 Bed 1 bath | 2BR,1BA | $775 |
| Melrose Park Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $785 |
| South Meadow | 1 BR 1 BA - Savannah | 1BR,1BA | $800 |
| 3500 Grand Ave | 1BR/1.0BA | 1BR,1BA | $800 |
| Somerset Apartments | Studio Apartment | Studio,1BA | $800 |
| Hyland Apartments | 1 Bedroom Apartment | 1BR,1BA | $820 |
Best Value Apartments for Rent in Iowa Falls, IA and Nearby
As of August 15, 2026 the best value apartment in the Iowa Falls area is the $0.36 price per square foot 4 Plus Bedroom/ 3 Bathroom - Lofted Model at 210 Gray - Sunset View in the in the Somerset neighborhood starting from $550. The second greatest value Iowa Falls apartment is the 3 Bed 1 Bath Model at Pheasant Hollow Apartments starting at $850 with a $0.61 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. |
|---|---|---|---|
| 210 Gray - Sunset View | 4 Plus Bedroom/ 3 Bathroom - Lofted | 4BR,3BA | $0.36 |
| Pheasant Hollow Apartments | 3 Bed 1 Bath | 3BR,1BA | $0.61 |
| Beach View | 2 Bed/ 2 Bath | 2BR,2BA | $0.75 |
| Mapleview Villa Apartments | 2 Bed 1 bath | 2BR,1BA | $0.81 |
| The Grove | 2BR/2BA Upgraded | 2BR,2BA | $0.73 |
| Cedar Village Community | 2 Bed 1 Bath | 2BR,1BA | $1.08 |
| Grandview Square Apartments | 1 bedroom 1 bath | 1BR,1BA | $0.78 |
| East Olive Apartments | B1 | 2BR,1BA | $1.10 |
| Southern Hills | B1 | 2BR,1BA | $1.11 |
| 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
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 $699 at The Grove.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.