
Cheap Apartments for Rent in Iowa Falls, IA from $300 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Iowa Falls.


Palisades

Hubbard Maple Street Apartments

Beach View

210 Gray - Sunset View

Furman 24th Street Apartments

203 Campus

Woodland Park - Eldora

Grandview Square Apartments

Brookview Terrace
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.

Pheasant Hollow Apartments

Bergengreen Apartments

Melrose Park Apartments

Somerset Apartments

Northridge Apartments

Olive Terrace Apartments

East Olive Apartments

Pharaohs Valley

South Meadow

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

Prairieview Manor

Aspen Village

Southern Hills

420 S 4th St

1108 S. 4th Street

2706 Kent Ave

East Park Village Apartments

Furman Somerset 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.

Beautiful Location with Lots of Trees and Greenspace

Clock Tower Senior Apartments

546 2nd St

The Tallcorn

520 5th St

Furman Regency Court

1005 28th St

210 N Main St

309 N 3rd 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.

1006 Lincoln Way

215 N Main St

2721 Luther Dr

238 Village Dr

Ferndale Furman Apartments

639 2nd St

208 N 11th Ave

603 E Linn St

4008 Ontario St

919 6th St
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

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 | $880 | $460 | $1,290 |
| Iowa Falls 2 Bedroom Apartments | $980 | $705 | $1,735 |
| Iowa Falls 3 Bedroom Apartments | $1,114 | $610 | $1,800 |
| Iowa Falls 4 Bedroom Apartments | $952 | $550 | $2,200 |
Browse Top Apartments in Iowa Falls
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Iowa Falls, IA Local Guide
- Nearby Cities
- ZIP codes
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- 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 $610. 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 | $610 |
| Woodland Park - Eldora | Studio | Studio,1BA | $650 |
| Brookview Terrace | A1 | 1BR,1BA | $701 |
| Bergengreen Apartments | 1 Bed/1 Bath | 1BR,1BA | $745 |
| Melrose Park Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $785 |
| Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $790 |
| Northridge Apartments | 2 BR/ 1 BA | 2BR,1BA | $800 |
| Somerset Apartments | Studio Apartment | Studio,1BA | $800 |
| East Olive Apartments | B1.5 | 2BR,1BA | $803 |
Best Value Apartments for Rent in Iowa Falls, IA and Nearby
As of May 13, 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 2bed 1bth Model at Grandview Square Apartments starting at $790 with a $0.79 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. |
|---|---|---|---|
| Pheasant Hollow Apartments | 3 Bed 1 Bath | 3BR,1BA | $0.61 |
| Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $0.79 |
| 1108 S. 4th Street | 3 Bed/ 1.5 Bath | 3BR,1.5BA | $0.98 |
| The Grove | 2BR/2BA Upgraded | 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 |
| East Olive Apartments | B1.5 | 2BR,1.5BA | $0.97 |
| Beautiful Location with Lots of Trees and Greenspace | 2BR/1.0BA | 2BR,1BA | $1.10 |
| 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 $735 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 $610.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.