415 Boone St
BooneIA50036
Cheap Homes for Rent in Luther, IA from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Luther.
505 1/2 11th St
BooneIA50036
116 Shepard St
GilbertIA50105
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.
238 Village Dr
AmesIA50014
320 S Franklin Ave
AmesIA50014
4008 Ontario St
AmesIA50014
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.
Showing Results 1-6, Page 1 of 1
Luther, IA Local Guide
Kids walking down the road by U.S. Department of Agriculture is licensed under Internal
How much does it cost to rent a home in Luther?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Luther 2 Bedroom Homes for Rent | $1,019 | $800 | $1,200 |
| Luther 3 Bedroom Homes for Rent | $2,079 | $1,185 | $2,900 |
| Luther 4 Bedroom Homes for Rent | $2,065 | $1,695 | $2,695 |
| Luther 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
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Luther, IA Local Guide
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Cheapest Available Luther Apartments for Rent and Nearby
The cheapest available apartment rental in Luther, IA is a 1 Bed unit found at The Briza priced from $647. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Briza | Renovated 1 Bedroom | 1BR,1BA | $647 |
| Western Hills Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $745 |
| Boone Park Apartments | 1BR Upper | 1BR,1BA | $760 |
Best Value Apartments for Rent in Luther, IA and Nearby
As of April 10, 2026 the best value apartment in the Luther area is the $1.02 price per square foot 3515 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,300. The second greatest value Luther apartment is the Oak 60% Model at Windsor Pointe starting at $1,350 with a $1.06 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walnut Ridge | 3515 Lincoln Way ( 4 bdrm ) | 4BR,3BA | $1.02 |
| Windsor Pointe | Oak 60% | 3BR,2BA | $1.06 |
| The Madison | 3x3 Furnished | 3BR,3BA | $0.54 |
| The Social Reserve | Montgomery Renovated - Reserve | 3BR,2BA | $0.51 |
| Cedar Pointe | Villa | 3BR,1BA | $1.04 |
| Anna's Grove by Kading | Villa | 3BR,1BA | $0.97 |
| Western Hills Apartments | 2 Bed/2 Bath Apartment | 2BR,2BA | $1.05 |
| Point at Ames | Frisco B | 2BR,2BA | $1.06 |
| SUNDANCE BOONE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.08 |
| The Briza | Renovated 1 Bedroom | 1BR,1BA | $1.08 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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Explore Luther, IA Rentals by Map
See the most popular apartments and homes in Luther, IA
Frequently Asked Questions about Luther
What type of rentals are currently available in Luther?
There are currently 58 Apartments for Rent in Luther, IA with pricing that ranges from $419 to $2,370. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Luther ranging from $500 to $3,000.
What is the current price range for Rental Homes in Luther?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Luther ranges from $500 to $3,000 with an average monthly rent of $1,575.
How much are larger Three and Four Bedroom Rentals in Luther?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Luther range from $504 to $2,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,185 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $419.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.