Cheap Apartments for Rent near Martinsburg, IA from $300 (32 Rentals)

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

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.

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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.

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Stella Townhomes
1 to 4 Bedroom Apartments

Stella Townhomes

1236 Bliss StreetGrinnell, IA 50112
  • Utilities Included
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Louden Lofts
Studio to 3 Bedroom Apartments

Louden Lofts

607 W Broadway AveFairfield, IA 52556
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Washington Apartments
1 to 3 Bedroom Apartments

Washington Apartments

539 W 4th StOttumwa, IA 52501
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Tisdale Apartments
2 Bedroom Apartments

Tisdale Apartments

232 E 4th StOttumwa, IA 52501
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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
  • Utilities Included

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.

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Fairfield Estates
2 to 4 Bedroom Apartments

Fairfield Estates

200 N 28th StFairfield, IA 52556

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.

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Showing Results 1-32, Page 1 of 1

Martinsburg, IA Local Guide

Cheapest Available Martinsburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Martinsburg, IA is a 2 Beds unit found at Centerville Senior Lofts priced from $600. Washington Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $706. Here is today’s list of the most affordable Martinsburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Centerville Senior LoftsThe Dublin2BR,1BA$600
Washington Apartments2.1C 40%2BR,1BA$706
Spaulding LoftsA2 - Income Restricted1BR,1BA$800
Aspire at West Campus2x2 Herky - Unfurnished2BR,2BA$812
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom - Large2BR,1BA$859
Seville1 BR - Sublet1BR,1BA$905
Grinnell Park Apartments2BR - 30% of Gross Income2BR,1BA$965
1165 S Riverside DrStudio - TwinStudio,1BA$990
Brickyard Apartments2 Bed 1 Bath2BR,1BA$1,150
Willow Ridge Apartments2 Beds, 1 bath2BR,1BA$1,200

Best Value Apartments for Rent in Martinsburg, IA and Nearby

As of July 11, 2026 the best value apartment in the Martinsburg area is the $0.78 price per square foot 2 Bedroom 1 Bathroom - Large Model at THE ARBORS APARTMENTS in the in the East Gate Estates neighborhood starting from $859. The second greatest value Martinsburg apartment is the 2 BR/1 BA Model at 926 Harlocke St (IC) starting at $1,250 with a $1.25 price per square foot in the Cottage Hill neighborhood. Here is today’s list of the best values for Martinsburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom - Large2BR,1BA$0.78
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1.25
Centerville Senior LoftsThe Dearborn2BR,1BA$0.83
Brickyard Apartments2 Bed 1 Bath2BR,1BA$1.44
Grinnell Park Apartments2BR - 30% of Gross Income2BR,1BA$1.34
Seville1 BR - Sublet1BR,1BA$1.34
Washington Apartments1.1C 60%1BR,1BA$1.47
Spaulding LoftsA2 - Income Restricted1BR,1BA$1.27
Aspire at West Campus1x1 Kinnick - Furnished1BR,1BA$2.55
1165 S Riverside DrStudio - TwinStudio ,1BA$3.96

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.

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Real 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.

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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.

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

Explore Martinsburg, IA Rentals by Map

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See the most popular apartments and homes in Martinsburg, IA

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Frequently Asked Questions about Cheap Martinsburg Apartments

What is the Cheapest Studio apartment in Martinsburg?

Currently the most affordable Cheap Studio Apartment in Martinsburg is at 1165 S Riverside Dr listed at $990.

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

The lowest price for a Cheap One Bedroom Martinsburg Apartment is $800 at Spaulding Lofts.

What is the lowest price for a Cheap Two Bedroom Martinsburg Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Martinsburg is starting from $600 at Centerville Senior Lofts.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.

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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.