Cheap Homes for Rent in Matlock, IA from $500 (6 Rentals)

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

property at 820 N Cedar St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

820 N Cedar St

LuverneMN56156

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.

property at 1418 Kayla Pl

$999

2 Bedroom Rentals

Available Now

1418 Kayla Pl

HarrisburgSD57032

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.

Matlock, IA Local Guide

Cheapest Available Matlock Apartments for Rent and Nearby

 

The cheapest available apartment rental in Matlock, IA is a 1 Bed unit found at Park View Apartments priced from $725. Briarwood Reserve Apartments in the Southeast Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Matlock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park View Apartments1 Bed/ 1 Bath1BR,1BA$725
Briarwood Reserve Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$745
Aspen Ridge ReserveStudio ApartmentStudio,1BA$757

Best Value Apartments for Rent in Matlock, IA and Nearby

As of January 13, 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 Bedroom, 2.5 Bathroom Model at Graystone Townhomes starting at $1,660 with a $1.25 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
Graystone Townhomes3 Bedroom, 2.5 Bathroom3BR,2.5BA$1.25
Lincoln Heights3BR/2.0BA3BR,2BA$1.22
Willows East Commons2 Bedroom 1.5 Bathroom2BR,1.5BA$1.27
Diamond Field Townhomes2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$1.31
Augusta Townhomes2 Bedroom 2 Bathroom2BR,2BA$1.32
Joslyn Heights Apartments2 Bed 2 Bath Apartment2BR,2BA$1.12
Valley Vue Apartments2 Bedroom 2 Bathroom2BR,2BA$1.26
The Meadows on Graystone1 Bedroom / 1 Bathroom1BR,1BA$1.23
Cypress Pointe Apartments2 Bedroom2BR,1BA$1.28

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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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 54 Apartments for Rent in Matlock, IA with pricing that ranges from $399 to $3,787. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Matlock ranging from $599 to $3,500.

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 $599 to $3,500 with an average monthly rent of $1,930.

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 $1,123 to $3,787, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $2,100.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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!