
Cheap Homes for Rent near Iowa Falls, IA from $575 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Iowa Falls.


1219 2nd St

116 Shepard St

215 N Main St
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.

919 6th St

9 N 9th Ave

1108 Grand Ave

4008 Ontario St
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.

814 Burnett Ave
Iowa Falls, IA Local Guide

How much does it cost to rent a home in Iowa Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Iowa Falls 2 Bedroom Homes for Rent | $1,051 | $700 | $2,200 |
| Iowa Falls 3 Bedroom Homes for Rent | $1,736 | $1,000 | $2,500 |
| Iowa Falls 4 Bedroom Homes for Rent | $2,097 | $1,295 | $2,600 |
| Iowa Falls 5 Bedroom Homes for Rent | $2,350 | $2,350 | $2,350 |
| Iowa Falls 6 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
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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 $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 |
Best Value Apartments for Rent in Iowa Falls, IA and Nearby
As of September 06, 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 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 starting at $550 with a $0.36 price per square foot in the Somerset 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. |
|---|---|---|---|
| 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 |
| Clocktower Place | #201 | 5BR,4BA | $0.49 |
| West Street Lofts | 2811 West #204 | 4BR,3BA | $0.51 |
| Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $0.80 |
| Mapleview Villa Apartments | 2 Bed 1 bath | 2BR,1BA | $0.81 |
| The Grove | 2BR/2BA Upgraded | 2BR,2BA | $0.73 |
| South View | Landmark | 2BR,1BA | $1.00 |
| Brookview Terrace | B1 | 2BR,1BA | $1.03 |
| 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 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!
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See the most popular apartments and homes in Iowa Falls, IA
Frequently Asked Questions about Iowa Falls
What type of rentals are currently available in Iowa Falls?
There are currently 78 Apartments for Rent in Iowa Falls, IA with pricing that ranges from $460 to $2,450. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Iowa Falls ranging from $575 to $2,600.
What is the current price range for Rental Homes in Iowa Falls?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Iowa Falls ranges from $575 to $2,600 with an average monthly rent of $1,484.
How much are larger Three and Four Bedroom Rentals in Iowa Falls?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Iowa Falls range from $549 to $1,645, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $2,450.
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.

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.

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.