Cheap Apartments for Rent near Matlock, IA from $599 (56 Rentals)

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

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.

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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
Senior Living
  • Utilities Included

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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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
  • Utilities Included
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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
  • Utilities Included
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Buffalo Ridge Apartments
1 to 2 Bedroom Apartments

Buffalo Ridge Apartments

2107 Nobles StWorthington, MN 56187
Senior Living
  • Utilities Included
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City Centre Apartments
Studio to 3 Bedroom Apartments

City Centre Apartments

109 E Luverne StLuverne, MN 56156
  • Utilities Included
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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
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Le Mars Estates
2 to 3 Bedroom Apartments

Le Mars Estates

650 4th Ave NELe Mars, IA 51031
  • Utilities Included

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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Matlock, IA Local Guide

Cheapest Available Matlock Apartments for Rent and Nearby

 

The cheapest available apartment rental in Matlock, IA is a Studio unit found at Ridgeview Place Apartments in the Mystic Meadows neighborhood priced from $599. Sunshine Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Matlock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview Place Apartments0BR/1.0BAStudio,1BA$599
Sunshine Apartments1 Bedroom and 1 bathroom1BR,1BA$725
Whisper Ridge CommonsSStudio,1BA$795
Grand Teton Estates Apartments2BR/1.0BA2BR,1BA$800
Lewis Hotel ApartmentsStudioStudio,1BA$800
The Meadows Apartments411 1 BR1BR,1BA$800
Aspen Ridge ReserveStudio ApartmentStudio,1BA$810
Briarwood Reserve ApartmentsStudio ApartmentStudio,1BA$814
Willows South CommonsStudioStudio,1BA$825
Okabena Tower 62+1 BR/1 BA1BR,1BA$827

Best Value Apartments for Rent in Matlock, IA and Nearby

As of August 29, 2026 the best value apartment in the Matlock area is the $1.03 price per square foot 3 Bedroom 2.5 Bathroom Model at The Berg in the starting from $1,649. The second greatest value Matlock apartment is the Orion - Townhome(ES2G) Model at The Nova starting at $1,425 with a $1.23 price per square foot in the Southeast Sioux Falls neighborhood. Here is today’s list of the best values for Matlock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Berg3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
The NovaOrion - Townhome(ES2G)2BR,2.5BA$1.23
Joslyn Heights Apartments2 Bed 1 Bath Apartment2BR,1BA$1.12
HOME - FIELD APARTMENTS I1BR/1.0BA1BR,1BA$1.13
Fair View by KadingCottage - 22BR,1BA$1.00
Valley Vue Apartments1 Bedroom 1 Bathroom1BR,1BA$1.22
Nobles Square Apartments2 Bedroom2BR,1BA$1.11
Grand Teton Estates Apartments2BR/1.0BA2BR,1BA$1.00
Lincoln Heights1 Bed Up (no balcony)1BR,1BA$1.19
Sunshine Apartments1 Bedroom and 1 bathroom1BR,1BA$1.21

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 Matlock, IA Rentals by Map

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See the most popular apartments and homes in Matlock, IA

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Frequently Asked Questions about Cheap Matlock Apartments

What is the Cheapest Studio apartment in Matlock?

Currently the most affordable Cheap Studio Apartment in Matlock is at Ridgeview Place Apartments listed at $599.

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

The lowest price for a Cheap One Bedroom Matlock Apartment is $725 at Sunshine Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Matlock is starting from $800 at Grand Teton Estates Apartments.

What is the most affordable Matlock Three Bedroom Apartment?

The best deal on a cheap Matlock Three Bedroom Apartment rental is at Lincoln Heights and starts from $1,245.

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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.