Cheap Apartments for Rent in Mason City, IA from $400 (16 Rentals)

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

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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River City Apartments
1 to 2 Bedroom Apartments

River City Apartments

15 N Pennsylvania AveMason City, IA 50401
  • Utilities Included
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Kirk Apartments
Studio to 2 Bedroom Apartments

Kirk Apartments

206 N Federal AveMason City, IA 50401
  • Utilities Included

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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642-646 S Pierce Ave
1 Bedroom Apartments

642-646 S Pierce Ave

642-646 S Pierce AveMason City, IA 50401
  • Utilities Included
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Timber Creek Townhomes
2 to 3 Bedroom Apartments

Timber Creek Townhomes

1606 6th St SWMason City, IA 50401
  • Utilities Included

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.

Mason City, IA Local Guide

Cheapest Available Mason City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mason City, IA is a Studio unit found at Shalom Tower II priced from $405. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Mason City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shalom Tower IITower I EfficiencyStudio,1BA$405
Key ApartmentsEfficiencyStudio,1BA$450
City Center Kent ApartmentsStudio1BR,1BA$495
18 S Adams AveOne Bedroom1BR,1BA$525
Key West ApartmentsStudioStudio,1BA$550

Best Value Apartments for Rent in Mason City, IA and Nearby

As of September 08, 2025 the best value apartment in the Mason City area is the $1.03 price per square foot 3 Bedroom 1.5 Bathrooms Model at Pebble Creek Apartments in the starting from $1,150. The second greatest value Mason City apartment is the 1 Bedroom Model at City Center Kent Apartments starting at $595 with a $0.74 price per square foot . Here is today’s list of the best values for Mason City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pebble Creek Apartments3 Bedroom 1.5 Bathrooms3BR,1.5BA$1.03
City Center Kent Apartments1 Bedroom1BR,1BA$0.74
Shalom Tower IITower II - One Bedroom1BR,1BA$0.70
18 S Adams AveOne Bedroom1BR,1BA$0.95
The River Apartments & TownhomesStudioStudio ,1BA$1.57
Pilgrim Place Senior Housing (62+)Studio - Rent Based on IncomeStudio ,1BA$2.17
Key West ApartmentsStudioStudio ,1BA$1.57
Key ApartmentsEfficiencyStudio ,1BA$1.50

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

Explore Mason City, IA Rentals by Map

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Getting Around Mason City, IA

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Transit Score®

22 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Mason City Apartments

What is the Cheapest Studio apartment in Mason City?

Currently the most affordable Cheap Studio Apartment in Mason City is at Shalom Tower II listed at $405.

How much is rent for a Cheap One Bedroom Mason City Apartment?

The lowest price for a Cheap One Bedroom Mason City Apartment is $495 at City Center Kent Apartments.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.