
Cheap Apartments for Rent in Iowa, LA from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Iowa.


Dogwood Apartments

Fairview Crossing (AFFORDABLE HOUSING)

600 Avenue J

26 Hundred Residences

Magnolia Heights

Sulphur Springs

La Maison Apartments - AFFORDABLE HOUSING
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.

Haltere at Lake Charles

The Reserve at Power Place

Le Jolliet

The Halston Apartments

Pecan Acres

ERDACE APARTMENTS

Cyrus Homes= Income Restricted

Parkway Commons
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.

Capstone at the Oaks - 55+ Community

Muller's Lofts

Prien Lake Reserve

Orleans Apartments

Laurel Oak Village

2701 Cline St

Bayberry

518 E McNeese St
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.

Chandler

Celeste

St. Charles Housing - Affordable Housing

1623 4th St

Satsuma Village

Orange Navy

194 Victoria Dr

3728 E Opelousas 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.

1602 Moss St

2465 Hwy 397

1505 7th St

1656 St John Bosco St

2516 Creole St

1512 Meadow Dr

6735 US-90

8511 Gulf Hwy
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, LA Local Guide

How much does it cost to rent an apartment in Iowa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Iowa Studio Apartments | $1,500 | $700 | $7,500 |
| Iowa 1 Bedroom Apartments | $1,244 | $625 | $1,873 |
| Iowa 2 Bedroom Apartments | $1,505 | $749 | $2,475 |
| Iowa 3 Bedroom Apartments | $1,553 | $830 | $2,961 |
| Iowa 4 Bedroom Apartments | $1,220 | $1,021 | $1,890 |
Browse Top Apartments in Iowa
See all Apartments in IowaExplore Iowa
Iowa, LA Local Guide
- Nearby Cities
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Cheapest Available Iowa Apartments for Rent and Nearby
 The cheapest available apartment rental in Iowa, LA is a 1 Bed unit found at 600 Avenue J priced from $689. Magnolia Heights in the Downtown Lake Charles neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $702. Here is today’s list of the most affordable Iowa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 600 Avenue J | 1BR | 1BR,1BA | $689 |
| Magnolia Heights | One Bedroom | 1BR,1BA | $702 |
| La Maison Apartments - AFFORDABLE HOUSING | 1BR/1BA | 1BR,1BA | $725 |
| Bayberry | bb1 | 1BR,1BA | $725 |
| Haltere at Lake Charles | 1BR/1.0BA | 1BR,1BA | $740 |
| Celeste | Ce11AdC | 1BR,1BA | $745 |
| Chandler | chan11C | 1BR,1BA | $745 |
| The Reserve at Power Place | 1BR/1BA | 1BR,1BA | $749 |
| Sulphur Springs | 2 Bed 1.5 Bath | 2BR,1BA | $755 |
| Satsuma Village | SA11UPPR | 1BR,1BA | $760 |
Best Value Apartments for Rent in Iowa, LA and Nearby
As of May 17, 2026 the best value apartment in the Iowa area is the $0.87 price per square foot lo32C Model at Laurel Oak Village in the starting from $1,005. The second greatest value Iowa apartment is the Office/Storage Space Model at Muller's Lofts starting at $1,000 with a $0.89 price per square foot in the Downtown Lake Charles neighborhood. Here is today’s list of the best values for Iowa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Laurel Oak Village | lo32C | 3BR,2BA | $0.87 |
| Muller's Lofts | Office/Storage Space | Studio , | $0.89 |
| Cyrus Homes= Income Restricted | 3 Bed 2 Bath | 3BR,2BA | $0.95 |
| Sulphur Springs | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.97 |
| Vineyards at Iowa | 1 BR Unit | 1BR,1BA | $1.03 |
| 600 Avenue J | 1BR | 1BR,1BA | $0.93 |
| Chandler | chan11R | 1BR,1BA | $1.08 |
| The Reserve at Power Place | 1BR/1BA | 1BR,1BA | $1.04 |
| Haltere at Lake Charles | 1BR/1.0BA | 1BR,1BA | $1.06 |
| La Maison Apartments - AFFORDABLE HOUSING | 1BR/1BA | 1BR,1BA | $1.05 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Iowa, LA Rentals by Map
See the most popular apartments and homes in Iowa, LA
Frequently Asked Questions about Cheap Iowa Apartments
How much is rent for a Cheap One Bedroom Iowa Apartment?
The lowest price for a Cheap One Bedroom Iowa Apartment is $689 at 600 Avenue J.
What is the lowest price for a Cheap Two Bedroom Iowa Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Iowa is starting from $755 at Sulphur Springs.
What is the most affordable Iowa Three Bedroom Apartment?
The best deal on a cheap Iowa Three Bedroom Apartment rental is at Vineyards at Iowa and starts from $997.
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.