Cheap Homes for Rent in Matlock, IA from $700 (12 Rentals)

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

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.

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.

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
Aspen Ridge ReserveStudio ApartmentStudio,1BA$740
Nobles Square Apartments1 Bedroom1BR,1BA$785
The Meadows Apartments411 1 BR1BR,1BA$800

Best Value Apartments for Rent in Matlock, IA and Nearby

As of May 30, 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 3 Bedrooms / 2 Bathrooms Model at The Meadows on Graystone starting at $1,395 with a $1.10 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 Meadows on Graystone3 Bedrooms / 2 Bathrooms3BR,2BA$1.10
Valley Vue Apartments3 Bedroom 2 Bathroom3BR,2BA$1.19
Welcome to Huntington VillageFalls Edge2BR,2BA$1.16
Lincoln Heights3 Bed Townhome3BR,1.5BA$1.19
Harvest Acres2 Bedroom 2 Bathroom2BR,2BA$1.20
HOME - FIELD APARTMENTS I2BR/1.0BA2BR,1BA$1.12
Joslyn Heights Apartments2 Bed 2 Bath Apartment2BR,2BA$1.18
Fair View by KadingCottage - 22BR,1BA$1.00
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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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 Matlock

What type of rentals are currently available in Matlock?

There are currently 59 Apartments for Rent in Matlock, IA with pricing that ranges from $599 to $3,005. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Matlock ranging from $725 to $3,995.

What is the current price range for Rental Homes in Matlock?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Matlock ranges from $725 to $3,995 with an average monthly rent of $1,867.

How much are larger Three and Four Bedroom Rentals in Matlock?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Matlock range from $1,245 to $2,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,595.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.