Cheap Apartments for Rent in Luther, IA from $400 (17 Rentals)

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

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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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141 Campus Ave
2 Bedroom Apartments

141 Campus Ave

141 Campus AveAmes, IA 50014
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Luther, IA Local Guide

Cheapest Available Luther Apartments for Rent and Nearby

 

The cheapest available apartment rental in Luther, IA is a Studio unit found at College Creek Apartments in the Eagle Ridge neighborhood priced from $670. Western Hills Apartments in the Fountainview neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Luther apartments for rent:

Apartment ListingModel NameBed/BathPriced From
College Creek ApartmentsStudio, 1 bathStudio,1BA$670
Western Hills Apartments1 Bed, 1 bath1BR,1BA$745
Oakwood1 bedroom1BR,1BA$799
Townhomes at Creekside3 Bedroom3BR,2BA$815
SUNDANCE BOONE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$895

Best Value Apartments for Rent in Luther, IA and Nearby

As of June 23, 2025 the best value apartment in the Luther area is the $0.61 price per square foot 4 Bedroom Model at Townhomes at Creekside in the in the Fountainview neighborhood starting from $895. The second greatest value Luther apartment is the 3x3 Furnished Model at The Madison starting at $574 with a $0.53 price per square foot in the Fountainview neighborhood. Here is today’s list of the best values for Luther apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes at Creekside4 Bedroom4BR,2BA$0.61
The Madison3x3 Furnished3BR,3BA$0.53
Alpine Manor Apartments3 bedroom 2 Bath3BR,2BA$0.97
Fountainview2 Bedroom 1 Bath2BR,1BA$1.15
Western Hills Apartments2 Beds, 2 baths2BR,2BA$1.05
839-841 Dickinson Ave3 BR/ 2 BA3BR,2BA$1.10
Arbor Hills2 Bedroom Townhome2BR,1BA$1.50
SUNDANCE BOONE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$1.08
Oakwood1 bedroom1BR,1BA$1.07
Haven ApartmentsCotton1BR,1BA$1.33

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

Explore Luther, IA Rentals by Map

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See the most popular apartments and homes in Luther, IA

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Frequently Asked Questions about Cheap Luther Apartments

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

The lowest price for a Cheap One Bedroom Luther Apartment is $745 at Western Hills Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Luther is starting from $845 at College Creek Apartments.

What is the most affordable Luther Three Bedroom Apartment?

The best deal on a cheap Luther Three Bedroom Apartment rental is at Townhomes at Creekside and starts from $815.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.