
Cheap Homes for Rent in Janesville, IA from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Janesville.


603 Iowa St

213 Cottage St

2110 Melrose Ct

704 W 18th 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.

604 W Seerley Blvd

1816 Walnut St

2221 Main St

119 Tremont St

510 Barnett Dr
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.
Janesville, IA Local Guide

How much does it cost to rent a home in Janesville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Janesville 2 Bedroom Homes for Rent | $1,220 | $900 | $1,300 |
| Janesville 3 Bedroom Homes for Rent | $1,353 | $1,000 | $1,680 |
| Janesville 4 Bedroom Homes for Rent | $1,717 | $1,250 | $2,700 |
| Janesville 5 Bedroom Homes for Rent | $2,166 | $1,700 | $2,800 |
Browse Top Homes for Rent in Janesville
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Janesville, IA Local Guide
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Cheapest Available Janesville Apartments for Rent and Nearby
 The cheapest available apartment rental in Janesville, IA is a 4 Beds unit found at Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $350. Russell Lamson in the Downtown Waterloo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $652. Here is today’s list of the most affordable Janesville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $350 |
| Russell Lamson | Studio | Studio,1BA | $652 |
| Kent Circle | Updated Cozy 1 Bedroom / 1 Bath Apartment in SW... | 1BR,1BA | $760 |
Best Value Apartments for Rent in Janesville, IA and Nearby
As of May 24, 2026 the best value apartment in the Janesville area is the $1.02 price per square foot Beautiful HUGE 3 Bedroom/2 Bath Apartment in Gr... Model at Pineview Place Apartments in the starting from $1,220. The second greatest value Janesville apartment is the 3 Bed 2.5 Bath Model at Pinnacle Villages - Waverly starting at $1,720 with a $1.43 price per square foot . Here is today’s list of the best values for Janesville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pineview Place Apartments | Beautiful HUGE 3 Bedroom/2 Bath Apartment in Gr... | 3BR,2BA | $1.02 |
| Pinnacle Villages - Waverly | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.43 |
| Hillcrest Park Apartments-Student Housing | 4BR/2BA | 4BR,2BA | $0.42 |
| Willow Falls Apartments | 1st Floor | 2BR,2BA | $1.52 |
| Riverwalk Residences | 1st Month Free | 2BR,2BA | $1.19 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.02 |
| Cedar Village Community | 2 Bed 1 Bath | 2BR,1BA | $1.08 |
| Leavitt Park Apartments - Waterloo, IA | ***FIRST MONTH FREE!*** 2 Bed 1 Bath | Leavitt ... | 2BR,1BA | $1.31 |
| Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $1.23 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $1.38 |
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!
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See the most popular apartments and homes in Janesville, IA
Frequently Asked Questions about Janesville
What type of rentals are currently available in Janesville?
There are currently 50 Apartments for Rent in Janesville, IA with pricing that ranges from $460 to $2,500. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Janesville ranging from $750 to $2,800.
What is the current price range for Rental Homes in Janesville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Janesville ranges from $750 to $2,800 with an average monthly rent of $1,441.
How much are larger Three and Four Bedroom Rentals in Janesville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Janesville range from $995 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,680. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $460.
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.