Cheap Apartments for Rent in Martinsburg, IA from $300 (16 Rentals)

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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.

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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Stella Townhomes
1 to 4 Bedroom Apartments

Stella Townhomes

1236 Bliss StreetGrinnell, IA 50112
  • Utilities Included
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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
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Tisdale Apartments
2 Bedroom Apartments

Tisdale Apartments

232 E 4th StOttumwa, IA 52501
  • Utilities Included

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.

Martinsburg, IA Local Guide

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. MAPLE PLACE APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $665. Here is today’s list of the most affordable Martinsburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserves at South Lake1B1B1BR,1BA$395
MAPLE PLACE APARTMENTS1 Bed 1 Bath1BR,1BA$665
Grinnell Park Apartments1BR - 30% of Gross Income1BR,1BA$746
Aspire at West Campus2x2 Herky - Unfurnished2BR,2BA$812
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$825

Best Value Apartments for Rent in Martinsburg, IA and Nearby

As of December 28, 2025 the best value apartment in the Martinsburg area is the $0.62 price per square foot Four Bedroom Model at Asbury Heights in the starting from $1,188. The second greatest value Martinsburg apartment is the 3 Bed 2 Bath Single Section Model at Western Hills starting at $1,499 with a $1.12 price per square foot in the Old Mill Creek 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.
Asbury HeightsFour Bedroom4BR,2BA$0.62
Western Hills3 Bed 2 Bath Single Section3BR,2BA$1.12
Terrace View by KadingCottage - 33BR,2BA$1.04
Louden LoftsThree Bedroom3BR,2BA$0.70
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1.20
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.83
Orchard MeadowsB1 Partially Renovated2BR,1BA$1.05
The Reserves at South Lake1B1B1BR,1BA$0.61
Grinnell Park Apartments1BR - 30% of Gross Income1BR,1BA$1.24
MAPLE PLACE APARTMENTS1 Bed 1 Bath1BR,1BA$1.11

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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!

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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 Aster Village listed at $1,075.

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

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!