Cheap Apartments for Rent in Iowa, LA from $600 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Iowa.

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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.

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Laurel Oak Village
1 to 3 Bedroom Apartments

Laurel Oak Village

1045 Walters StLake Charles, LA 70607
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Bayberry
1 to 3 Bedroom Apartments

Bayberry

1515 W McNeese StLake Charles, LA 70605
Corporate Housing

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.

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Chandler
1 to 3 Bedroom Apartments

Chandler

211 Louie StLake Charles, LA 70601
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Celeste
1 to 3 Bedroom Apartments

Celeste

2960 Lake StLake Charles, LA 70601
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Satsuma Village
1 to 3 Bedroom Apartments

Satsuma Village

4404 Canal StLake Charles, LA 70605
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Orange Navy
1 to 4 Bedroom Apartments

Orange Navy

1885 E Farragut AveOrange, TX 77630
Corporate Housing
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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

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 ListingModel NameBed/BathPriced From
600 Avenue J1BR1BR,1BA$689
Magnolia HeightsOne Bedroom1BR,1BA$702
La Maison Apartments - AFFORDABLE HOUSING1BR/1BA1BR,1BA$725
Bayberrybb11BR,1BA$725
Haltere at Lake Charles1BR/1.0BA1BR,1BA$740
CelesteCe11AdC1BR,1BA$745
Chandlerchan11C1BR,1BA$745
The Reserve at Power Place1BR/1BA1BR,1BA$749
Sulphur Springs2 Bed 1.5 Bath2BR,1BA$755
Satsuma VillageSA11UPPR1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Laurel Oak Villagelo32C3BR,2BA$0.87
Muller's LoftsOffice/Storage SpaceStudio ,$0.89
Cyrus Homes= Income Restricted3 Bed 2 Bath3BR,2BA$0.95
Sulphur Springs2 Bed 1.5 Bath2BR,1.5BA$0.97
Vineyards at Iowa1 BR Unit1BR,1BA$1.03
600 Avenue J1BR1BR,1BA$0.93
Chandlerchan11R1BR,1BA$1.08
The Reserve at Power Place1BR/1BA1BR,1BA$1.04
Haltere at Lake Charles1BR/1.0BA1BR,1BA$1.06
La Maison Apartments - AFFORDABLE HOUSING1BR/1BA1BR,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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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.

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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.

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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.

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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.