
Cheap Apartments for Rent in Malcom, IA from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Malcom.


The Reserves at South Lake

Hunters Run

Shamrock Apartments

Goldfinch Meadows

Southern Hills

Prairie Village of LaPorte City

Courtyard Apartments

Woodland Heights

425 McClellan St

702 S Roche St

114 E 4th St
Malcom, IA Local Guide

How much does it cost to rent an apartment in Malcom?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Malcom Studio Apartments | $787 | $725 | $850 |
Malcom 1 Bedroom Apartments | $989 | $394 | $1,995 |
Malcom 2 Bedroom Apartments | $947 | $467 | $1,669 |
Malcom 3 Bedroom Apartments | $927 | $536 | $1,200 |
Malcom 4 Bedroom Apartments | $1,421 | $1,421 | $1,421 |
Browse Top Apartments in Malcom
See all Apartments in MalcomExplore Malcom
Malcom, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Malcom Apartments for Rent and Nearby
 The cheapest available apartment rental in Malcom, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. Hunters Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Malcom apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Reserves at South Lake | 1B1B | 1BR,1BA | $395 |
Hunters Run | A1 | 1BR,1BA | $550 |
Shamrock Apartments | Shamrock small 1 bedroom | 1BR,1BA | $555 |
The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $620 |
Prairie Village of LaPorte City | 1 Bedroom | 1BR,1BA | $643 |
Best Value Apartments for Rent in Malcom, IA and Nearby
As of September 13, 2025 the best value apartment in the Malcom area is the $0.97 price per square foot 3 Bedroom Model at Raintree Apartments in the in the Usher's Ferry Historic Village neighborhood starting from $1,100. The second greatest value Malcom apartment is the 3 Bed 2 Bath Model at Woodland Heights starting at $945 with a $0.93 price per square foot . Here is today’s list of the best values for Malcom apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Raintree Apartments | 3 Bedroom | 3BR,2BA | $0.97 |
Woodland Heights | 3 Bed 2 Bath | 3BR,2BA | $0.93 |
THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
SUNDANCE NEWTON APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.02 |
SUNDANCE MARSHALLTOWN APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
Southern Hills | B1 | 2BR,1BA | $0.92 |
Courtyard Apartments | C1 | 3BR,1BA | $0.99 |
Hunters Run | A2 | 1BR,1BA | $0.86 |
The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $1.02 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Malcom, IA Rentals by Map
See the most popular apartments and homes in Malcom, IA
Getting Around Malcom, IA
Walk Score®
5 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
18 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Malcom Apartments
How much is rent for a Cheap One Bedroom Malcom Apartment?
The lowest price for a Cheap One Bedroom Malcom Apartment is $395 at The Reserves at South Lake.
What is the lowest price for a Cheap Two Bedroom Malcom Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Malcom is starting from $470 at The Reserves at South Lake.
What is the most affordable Malcom Three Bedroom Apartment?
The best deal on a cheap Malcom Three Bedroom Apartment rental is at The Reserves at South Lake and starts from $536.
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.

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.

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.

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.

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.