Cheap Apartments for Rent in Luther, IA from $400 (15 Rentals)

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

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141 Campus Ave
2 Bedroom Apartments

141 Campus Ave

141 Campus AveAmes, IA 50014
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West Field Apartments
1 to 3 Bedroom Apartments

West Field Apartments

5910 Lincoln WayAmes, IA 50014
  • Utilities Included

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Oakwood
1 to 3 Bedroom Apartments

Oakwood

2101 Oakwood RdAmes, IA 50014
  • Utilities Included

Luther, IA Local Guide

Cheapest Available Luther Apartments for Rent and Nearby

 

The cheapest available apartment rental in Luther, IA is a 2 Beds unit found at Townhomes at Creekside in the Fountainview neighborhood priced from $675. Hickory Ridge Apartments in the Eagle Ridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Luther apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Townhomes at Creekside2 Bedroom2BR,1BA$675
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$725
3319 Story St2 BR/ 1 BA2BR,1BA$725
Boone Park Apartments1BR Upper1BR,1BA$735
The Ridge Apartments1 Bedroom/1 Bathroom1BR,1BA$775

Best Value Apartments for Rent in Luther, IA and Nearby

As of September 15, 2025 the best value apartment in the Luther area is the $1.05 price per square foot 3505 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,280. The second greatest value Luther apartment is the 3 Beds / 2 Baths Model at 802 Dickinson Ave starting at $1,200 with a $0.92 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.
Walnut Ridge3505 Lincoln Way ( 4 bdrm )4BR,3BA$1.05
802 Dickinson Ave3 Beds / 2 Baths3BR,2BA$0.92
Tripp Street Apartments4 Bedroom/2 Bathroom4BR,2BA$0.22
The Madison3x3 Furnished3BR,3BA$0.53
Anna's Grove by KadingVilla3BR,1BA$1.09
Western Hills Apartments2 Beds, 2 baths2BR,2BA$1.05
Townhomes at Creekside2 Bedroom2BR,1BA$0.78
The Social West Ames®Davie Plus - Station2BR,1BA$0.71
SUNDANCE BOONE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$1.08
Oakwood1 bedroom1BR,1BA$1.07

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

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Frequently Asked Questions about Cheap Luther Apartments

What is the Cheapest Studio apartment in Luther?

Currently the most affordable Cheap Studio Apartment in Luther is at Hickory Ridge Apartments listed at $725.

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

The lowest price for a Cheap One Bedroom Luther Apartment is $735 at Boone Park 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 $675 at Townhomes at Creekside.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.