
Cheap Apartments for Rent in Malcom, IA from $300 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Malcom.


Shamrock Apartments

Goldfinch Meadows

Prairie Village of LaPorte City

Brookview Terrace

Southern Hills

110 N Maple St

Woodland Heights

Hotel Maytag Apartments

Parkside Luxury Apartments
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.

Orchard Meadows

Hunters Run

Spaulding Lofts

Southtown Apartments

SUNDANCE NEWTON APARTMENTS

SUNDANCE MARSHALLTOWN APARTMENTS

409 4th St NE

Pharaohs Valley

East Olive Apartments

Olive Terrace Apartments
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.

THE ARBORS APARTMENTS

Walnut Creek Apartments

Santa Barbara

Raintree Apartments

Pheasant Run Apartments

Prairie Village of Pella

Burbank Village

Plant 1 Lofts

Jacolyn Corner Condos Apartments

Lions Gate Apartments
Cash 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.

Total Monthly Price
Park Place

Westdale Meadows

Clock Tower Senior Apartments

Stella Townhomes

17 E Howard St

The Tallcorn

Newton Park Apartments

309 N 3rd St

425 McClellan St

114 E 4th St
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.

Marshalltown Estates

Urban Edge Apartments

726 E 8th St N

Grinnell Park Apartments

Baxter Park Apartments

806 N Roche St

Terrace View by Kading

Reinbeck Apartments

107 Clark St

1022 1st Ave W
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.
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 | $737 | $725 | $750 |
| Malcom 1 Bedroom Apartments | $880 | $395 | $1,375 |
| Malcom 2 Bedroom Apartments | $939 | $470 | $2,200 |
| Malcom 3 Bedroom Apartments | $1,076 | $536 | $1,765 |
Browse Top Apartments in Malcom
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Malcom, IA Local Guide
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Cheapest Available Malcom Apartments for Rent and Nearby
 The cheapest available apartment rental in Malcom, IA is a 1 Bed unit found at Shamrock Apartments in the Usher's Ferry Historic Village neighborhood priced from $560. Goldfinch Meadows in the Cedar Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $580. Here is today’s list of the most affordable Malcom apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shamrock Apartments | Shamrock small 1 bedroom | 1BR,1BA | $560 |
| Goldfinch Meadows | 1 BR/ 1 BA | 1BR,1BA | $580 |
| Prairie Village of LaPorte City | 1 Bedroom | 1BR,1BA | $643 |
| Brookview Terrace | A1 | 1BR,1BA | $675 |
| 110 N Maple St | 2-bedroom | 2BR,1BA | $700 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $725 |
| Parkside Luxury Apartments | S1 Ava | Studio,1BA | $750 |
| Orchard Meadows | B1 Classic | 2BR,1BA | $750 |
| Grinnell Park Apartments | 1BR - 30% of Gross Income | 1BR,1BA | $803 |
| Southtown Apartments | B1 | 2BR,1BA | $803 |
Best Value Apartments for Rent in Malcom, IA and Nearby
As of June 14, 2026 the best value apartment in the Malcom area is the $0.83 price per square foot 2 Bedroom 1 Bathroom Model at THE ARBORS APARTMENTS in the in the East Gate Estates neighborhood starting from $825. The second greatest value Malcom apartment is the B1 Partially Renovated Model at Orchard Meadows starting at $795 with a $0.90 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. |
|---|---|---|---|
| THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
| Orchard Meadows | B1 Partially Renovated | 2BR,1BA | $0.90 |
| Southtown Apartments | B1 | 2BR,1BA | $0.94 |
| SUNDANCE MARSHALLTOWN APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
| Pharaohs Valley | B1 | 2BR,1BA | $0.99 |
| East Olive Apartments | B1.5 | 2BR,1.5BA | $0.99 |
| Olive Terrace Apartments | B1 | 2BR,1BA | $0.99 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $0.90 |
| 110 N Maple St | 2-bedroom | 2BR,1BA | $0.88 |
| Woodland Heights | 2 Bed 1 Bath | 2BR,1BA | $1.04 |
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 ArticleReal 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.
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.
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
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 $560 at Shamrock Apartments.
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 $700 at 110 N Maple St.
What is the most affordable Malcom Three Bedroom Apartment?
The best deal on a cheap Malcom Three Bedroom Apartment rental is at Woodland Heights and starts from $820.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.