
Cheap Homes for Rent in Manchester, IA from $300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Manchester.


138 33rd St Dr SE

208 W Main St

114 E 4th St
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.

105 Ludland Dr

5900 Osage Rd

120 3rd St NE

850 Nevada St
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.
Manchester, IA Local Guide

How much does it cost to rent a home in Manchester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Manchester 2 Bedroom Homes for Rent | $1,223 | $725 | $1,795 |
| Manchester 3 Bedroom Homes for Rent | $1,365 | $749 | $1,700 |
| Manchester 4 Bedroom Homes for Rent | $1,729 | $1,400 | $1,995 |
Browse Top Homes for Rent in Manchester
Explore Manchester
Manchester, IA Local Guide
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Cheapest Available Manchester Apartments for Rent and Nearby
 The cheapest available apartment rental in Manchester, IA is a 1 Bed unit found at Azure Apartments priced from $500. Wedgewood Apartments in the Kenwood Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $610. Here is today’s list of the most affordable Manchester apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Azure Apartments | 1bd | 1BR,1BA | $500 |
| Wedgewood Apartments | 1 Bedroom | 1BR,1BA | $610 |
| The Meadows Apartments | Otter Creek 1Bd | 1BR,1BA | $620 |
Best Value Apartments for Rent in Manchester, IA and Nearby
As of May 07, 2026 the best value apartment in the Manchester area is the $0.56 price per square foot 3 Bedroom Apartment - Price Per Bed! Model at College Suites Peosta in the starting from $625. The second greatest value Manchester apartment is the vvc_D Model at Valley View starting at $1,100 with a $1.02 price per square foot in the Kenwood Park neighborhood. Here is today’s list of the best values for Manchester apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| College Suites Peosta | 3 Bedroom Apartment - Price Per Bed! | 3BR,2BA | $0.56 |
| Valley View | vvc_D | 3BR,2BA | $1.02 |
| Rush Mills: 505 Enterprise | Third Floor | 2BR,2BA | $1.28 |
| West Brook Apartments | Brand New 2 Bedroom/2 Bathroom Units at West Br... | 2BR,2BA | $1.15 |
| 2861 Prairie Hill Dr | 1 Bed, 1 bath | 1BR,1BA | $1.25 |
| Kerry Manor Apartments | 2 Bedroom x 1.5 Bath | 2BR,1.5BA | $1.14 |
| Waterford Arms | 1-Bedroom 1-Bathroom | 1BR,1BA | $1.10 |
| The Meadows Apartments | Otter Creek 1Bd | 1BR,1BA | $1.03 |
| Seasons View Apartments | Seasons View | 1BR,1.5BA | $1.28 |
| Azure Apartments | 1bd | 1BR,1BA | $0.96 |
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.
Best Local Schools in Manchester, IA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Manchester, IA Rentals by Map
See the most popular apartments and homes in Manchester, IA
Frequently Asked Questions about Manchester
What type of rentals are currently available in Manchester?
There are currently 48 Apartments for Rent in Manchester, IA with pricing that ranges from $460 to $1,865. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Manchester ranging from $350 to $2,300.
What is the current price range for Rental Homes in Manchester?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Manchester ranges from $350 to $2,300 with an average monthly rent of $1,215.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.