108 Main St N
Grand MeadowMN55936
Cheap Homes for Rent near Mason City, IA from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Mason City.
108 5th St NE, Unit Bed 1
108 5th St NE
WaverlyIA50677
101 N Mill St
Lake MillsIA50450
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1506 7th St SE
AustinMN55912
806 Cedar River Dr NW
WaverlyIA50677
121 Main St S
Grand MeadowMN55936
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Mason City, IA Local Guide
Sunset in Mason City by AnneCN is licensed under CC BY 2.0
How much does it cost to rent a home in Mason City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mason City 2 Bedroom Homes for Rent | $1,370 | $895 | $2,200 |
| Mason City 3 Bedroom Homes for Rent | $1,385 | $1,125 | $1,500 |
| Mason City 4 Bedroom Homes for Rent | $1,391 | $725 | $1,950 |
| Mason City 6 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Mason City, IA Local Guide
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Cheapest Available Mason City Apartments for Rent and Nearby
The cheapest available apartment rental in Mason City, IA is a Studio unit found at Key Apartments priced from $500. 18 S Adams Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Mason City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Key Apartments | Efficiency | Studio,1BA | $500 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $525 |
| Key West Apartments | Studio | Studio,1BA | $550 |
Best Value Apartments for Rent in Mason City, IA and Nearby
As of July 25, 2026 the best value apartment in the Mason City area is the $1.34 price per square foot 2x1 Model at Federal Ave Rowhomes in the starting from $1,350. The second greatest value Mason City apartment is the 227 4th St NE Model at 227 4th St NE, Unit 227 4th Street NE starting at $600 with a $0.60 price per square foot . Here is today’s list of the best values for Mason City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Federal Ave Rowhomes | 2x1 | 2BR,1BA | $1.34 |
| 227 4th St NE, Unit 227 4th Street NE | 227 4th St NE | 2BR,1BA | $0.60 |
| The Meadows | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.28 |
| The River Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.68 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $1.33 |
| The Delaware - Luxury Apartment's in Mason City! | 1 Bedroom B | 1BR,1BA | $1.98 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $0.95 |
| Pilgrim Place Senior Housing (62+) | Studio - Rent Based on Income | Studio ,1BA | $2.41 |
| Key West Apartments | Studio | Studio ,1BA | $1.57 |
| Key Apartments | Efficiency | Studio ,1BA | $1.67 |
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 Article
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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Best Local Schools in Mason City, IA
Hoover Elementary School
Mason City Community School District
Public School - Grades PK-5 (375)
8 out of 10
Mason City High School
Mason City Community School District
Public School - Grades 9-12 (870)
4 out of 10
John Adams Middle School
Mason City Community School District
Public School - Grades 6-8 (471)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mason City, IA Rentals by Map
See the most popular apartments and homes in Mason City, IA
Frequently Asked Questions about Mason City
What type of rentals are currently available in Mason City?
There are currently 38 Apartments for Rent in Mason City, IA with pricing that ranges from $500 to $1,595. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mason City ranging from $725 to $3,200.
What is the current price range for Rental Homes in Mason City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mason City ranges from $725 to $3,200 with an average monthly rent of $1,570.
How much are larger Three and Four Bedroom Rentals in Mason City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mason City range from $1,150 to $1,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,125 to $1,500. Four Bedroom Single-Family rentals are also available starting from $725 and Four Bedroom Apartments start at $937.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.
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.
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.