Cheap Apartments for Rent near Laurel, IA from $395 (58 Rentals)

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

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Stella Townhomes
1 to 4 Bedroom Apartments

Stella Townhomes

1236 Bliss StreetGrinnell, IA 50112
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17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard StColfax, IA 50054
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The Tallcorn
1 to 2 Bedroom Apartments

The Tallcorn

134 E Main StMarshalltown, IA 50158
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312 Sycamore St
Studio to 3 Bedroom Apartments

312 Sycamore St

312 Sycamore StCambridge, IA 50046
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309 N 3rd St
1 Bedroom Apartments

309 N 3rd St

309 N 3rd StMarshalltown, IA 50158
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425 McClellan St
1 to 2 Bedroom Apartments

425 McClellan St

425 McClellan StTama, IA 52339
  • Utilities Included

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.

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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
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Altoona Towers
Studio to 4 Bedroom Apartments

Altoona Towers

1414-1616 Adventureland DrAltoona, IA 50009
Corporate Housing
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Spruce Pointe
Studio to 2 Bedroom Apartments

Spruce Pointe

1000 Adventureland DrAltoona, IA 50009
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Oakland Pointe
Studio to 3 Bedroom Apartments

Oakland Pointe

615-619 17th Ave NWAltoona, IA 50009
  • Utilities Included

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.

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Laurel, IA Local Guide

Cheapest Available Laurel Apartments for Rent and Nearby

 

The cheapest available apartment rental in Laurel, IA is a 2 Beds unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $470. 110 N Maple St in the Jasper County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Laurel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserves at South Lake2B1B2BR, 1BA$470
110 N Maple St2-bedroom2BR, 1BA$700
Woodland Heights1 Bed 1 Bath1BR, 1BA$710
Hotel Maytag Apartments1 bedroom A1BR, 1BA$750
Parkside Luxury ApartmentsS1 AvaStudio, 1BA$750
Mapleview Villa Apartments2 Bed 1 bath2BR, 1BA$775
East Park Village Apartments1BR Upper1BR, 1BA$780
Walnut Creek Apartments2 BD Legacy2BR, 1BA$795
Altoona TowersS1Studio, 1BA$799
Spaulding LoftsA5 - Income Restricted1BR, 1BA$800

Best Value Apartments for Rent in Laurel, IA and Nearby

As of September 19, 2026 the best value apartment in the Laurel area is the $0.96 price per square foot D1 - 60 - Income Restricted Model at Hawthorne Pointe in the Altoona Meadows neighborhood starting from $1,421. The second greatest value Laurel apartment is the C1 Model at Hunters Run in the Jasper County neighborhood starting at $950 with a $0.88 price per square foot. Here is today’s list of the best values for Laurel apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hawthorne PointeD1 - 60 - Income Restricted4BR, 2BA$0.96
Hunters RunC13BR, 2BA$0.88
Walnut PointeVilla3BR, 1BA$1.03
Mapleview Villa Apartments2 Bed 1 bath2BR, 1BA$0.81
Santa BarbaraB12BR, 1BA$1.04
Olive Terrace ApartmentsB12BR, 1BA$0.98
East Olive ApartmentsB12BR, 1BA$1.04
Hotel Maytag Apartments1 bedroom A1BR, 1BA$0.93
110 N Maple St2-bedroom2BR, 1BA$0.88
Courtyard ApartmentsB12BR, 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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Navigating 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.

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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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Quick 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.

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

Explore Laurel, IA Rentals by Map

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See the most popular apartments and homes in Laurel, IA

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Frequently Asked Questions about Cheap Laurel Apartments

How much is rent for a Cheap One Bedroom Laurel Apartment?

The lowest price for a Cheap One Bedroom Laurel Apartment is $710 at Woodland Heights.

What is the lowest price for a Cheap Two Bedroom Laurel Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Laurel is starting from $683 at Courtyard Apartments.

What is the most affordable Laurel Three Bedroom Apartment?

The best deal on a cheap Laurel Three Bedroom Apartment rental is at Courtyard Apartments and starts from $803.

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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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.