
Cheap Apartments for Rent in Martinsburg, IA from $300 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Martinsburg.


MAPLE PLACE APARTMENTS
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.

304 S 2nd St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

124 S 2nd St
Martinsburg, IA Local Guide

How much does it cost to rent an apartment in Martinsburg?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Martinsburg Studio Apartments | $1,075 | $990 | $1,150 |
Martinsburg 1 Bedroom Apartments | $1,283 | $615 | $1,775 |
Martinsburg 2 Bedroom Apartments | $1,268 | $660 | $2,060 |
Martinsburg 3 Bedroom Apartments | $1,252 | $536 | $1,795 |
Martinsburg 4 Bedroom Apartments | $1,287 | $1,057 | $1,979 |
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Martinsburg, IA Local Guide
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Cheapest Available Martinsburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Martinsburg, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. Aspire at West Campus in the Coralview Heights neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $699. Here is today’s list of the most affordable Martinsburg apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Reserves at South Lake | 1B1B | 1BR,1BA | $395 |
Aspire at West Campus | 2x2 Herky - Unfurnished | 2BR,2BA | $699 |
Fairfield Estates | Unit 2 | 2BR,2BA | $758 |
Best Value Apartments for Rent in Martinsburg, IA and Nearby
As of June 28, 2025 the best value apartment in the Martinsburg area is the $0.84 price per square foot Unit 55 Model at Fairfield Estates in the starting from $1,057. The second greatest value Martinsburg apartment is the 2 Bedroom 1 Bathroom Model at THE ARBORS APARTMENTS starting at $825 with a $0.83 price per square foot in the East Gate Estates neighborhood. Here is today’s list of the best values for Martinsburg apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fairfield Estates | Unit 55 | 4BR,2BA | $0.84 |
THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
Washington Apartments | The Harmon | 2BR,1BA | $1.09 |
Orchard Lane Apartments | B1 Renovated | 2BR,1BA | $1.08 |
Aster Village | 1 Bedroom Style A2 | 1BR,1BA | $1.61 |
Louden Lofts | Two Bedroom | 2BR,2BA | $1.00 |
Grinnell Park Apartments | 2BR - 30% of Gross Income | 2BR,1BA | $1.24 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $1.09 |
Spaulding Lofts | A5 - Income Restricted | 1BR,1BA | $1.18 |
The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
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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 $395 at The Reserves at South Lake.
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 $470 at The Reserves at South Lake.
What is the most affordable Martinsburg Three Bedroom Apartment?
The best deal on a cheap Martinsburg 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.