Cheap Apartments for Rent near Letts, IA from $600 (39 Rentals)

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

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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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
  • Utilities Included
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Mediapolis Village
2 to 4 Bedroom Apartments

Mediapolis Village

510 Wapello St SMediapolis, IA 52637
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Oakcrest
1 to 2 Bedroom Apartments

Oakcrest

801 Oakcrest StIowa City, IA 52246
  • Utilities Included

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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625 E Burlington St
Studio to 1 Bedroom Apartments

625 E Burlington St

625 E Burlington StIowa City, IA 52240
Student Housing
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631 S Van Buren St
1 to 3 Bedroom Apartments

631 S Van Buren St

631 S Van Buren StIowa City, IA 52240
Student Housing
  • Utilities Included
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SoDo Flats
Studio to 2 Bedroom Apartments

SoDo Flats

322 E Prentiss StIowa City, IA 52240
  • Utilities Included
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Hawkeye Park
1 to 2 Bedroom Apartments

Hawkeye Park

432 S Dubuque StIowa City, IA 52240
Student Housing
  • Utilities Included
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530 N Dubuque St
2 Bedroom Apartments

530 N Dubuque St

530 N Dubuque StIowa City, IA 52245
  • 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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The Overlook
1 to 2 Bedroom Apartments

The Overlook

3155 Shire LnIowa City, IA 52240
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Letts, IA Local Guide

Cheapest Available Letts Apartments for Rent and Nearby

 

The cheapest available apartment rental in Letts, IA is a Studio unit found at Welch Hotel Senior Apartments in the Oak Ridge neighborhood priced from $650. 308 N Linn St in the Fair Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Letts apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Welch Hotel Senior ApartmentsStudioStudio,1BA$650
308 N Linn StStudio1BR,1BA$800
1165 S Riverside DrStudio - TwinStudio,1BA$990
Riverfront CrossingsStudioStudio,1BA$995
Willow Ridge Apartments2 Beds, 1 bath2BR,1BA$1,200
IA City LoftsFirst Floor UnitsStudio,1BA$1,300
630 S Capitol2 bedroom 2 bath2BR,2BA$1,365
Nex Senior (55+) ApartmentsTwo Bedroom2BR,1BA$1,366
316 MaddieOne bedroom, One Bath1BR,1BA$1,550
Towne & CountryTowne and Country Home3BR,2BA$1,600

Best Value Apartments for Rent in Letts, IA and Nearby

As of July 29, 2026 the best value apartment in the Letts area is the $0.88 price per square foot 4 bedroom 4 bath Model at 630 S Capitol in the in the Cottage Hill neighborhood starting from $1,365. The second greatest value Letts apartment is the Towne and Country Home Model at Towne & Country starting at $1,600 with a $1.12 price per square foot . Here is today’s list of the best values for Letts apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
630 S Capitol4 bedroom 4 bath4BR,4BA$0.88
Towne & CountryTowne and Country Home3BR,2BA$1.12
Nex Senior (55+) ApartmentsTwo Bedroom2BR,1BA$1.53
The Nest Iowa CityB3 - 2x22BR,2BA$1.68
316 MaddieTwo Bedroom, Two Bath2BR,2BA$2.88
The ChaunceyStudio, Two Bed — StandardStudio ,1BA$2.51
IA City LoftsFirst Floor UnitsStudio ,1BA$2.23
Welch Hotel Senior ApartmentsOne Bedroom1BR,1BA$1.44
Riverfront CrossingsStudioStudio ,1BA$1.99
308 N Linn StStudioStudio ,1BA$2.00

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!

Explore Letts, IA Rentals by Map

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Frequently Asked Questions about Cheap Letts Apartments

What is the Cheapest Studio apartment in Letts?

Currently the most affordable Cheap Studio Apartment in Letts is at Welch Hotel Senior Apartments listed at $650.

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

The lowest price for a Cheap One Bedroom Letts Apartment is $750 at Welch Hotel Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Letts is starting from $850 at Welch Hotel Senior Apartments.

What is the most affordable Letts Three Bedroom Apartment?

The best deal on a cheap Letts Three Bedroom Apartment rental is at Towne & Country and starts from $1,600.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.