Cheap Homes for Rent in Matlock, IA from $500 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

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

property at 820 N Cedar St

820 N Cedar St

LuverneMN56156

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.

property at 1418 Kayla Pl

1418 Kayla Pl

HarrisburgSD57032
property at 301 Luverne St.

301 Luverne St.

MagnoliaMN56158
property at 1010 E 3rd St

1010 E 3rd St

CantonSD57013

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 2 Beds unit found at Briarwood Apartments in the Mystic Meadows neighborhood priced from $399. Aspen Ridge Reserve has the second lowest priced unit, which is a Studio apartment currently listed from $635. Here is today’s list of the most affordable Matlock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Briarwood Apartments2 BEDROOM2BR,1BA$399
Aspen Ridge ReserveStudio ApartmentStudio,1BA$635
Park View Apartments1 Bed/ 1 Bath1BR,1BA$725
Windcrest Village Apartments & Townhomes1 Bed 1 Bath Apartment1BR,1BA$780
Whisper Ridge CommonsStudio (A)Studio,1BA$795

Best Value Apartments for Rent in Matlock, IA and Nearby

As of October 14, 2025 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 2 Bedroom 2 Bathroom Apartment Model at Graystone Heights Luxury Apartments starting at $1,466 with a $1.26 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 Heights Luxury Apartments2 Bedroom 2 Bathroom Apartment2BR,2BA$1.26
HOME - FIELD APARTMENTS I2BR/1.0BA2BR,1BA$1.00
Briarwood Apartments2 BEDROOM2BR,1BA$0.40
Valley Vue Apartments2 Bedroom 2 Bathroom2BR,2BA$1.16
Prairie Trail Village Apartments & Townhomes1 Bed 1 Bath Apartment1BR,1BA$1.08
Ridgeview Residence1 BEDROOM1BR,1BA$1.11
Lincoln Heights1x11BR,1BA$1.19
The Meadows on Graystone1 Bedroom / 1 Bathroom1BR,1BA$1.23
Cypress Pointe Apartments2 Bedroom2BR,1BA$1.26

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.

decorative image of people with a giant lease agreement

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

Explore Matlock, IA Rentals by Map

View Map
Matlock, IA Apartments Map
View Map
Matlock, IA Rental Homes Map

Frequently Asked Questions about Matlock

What type of rentals are currently available in Matlock?

There are currently 51 Apartments for Rent in Matlock, IA with pricing that ranges from $399 to $3,638. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Matlock ranging from $599 to $3,950.

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 $3,950 with an average monthly rent of $1,889.

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 $1,230 to $3,638, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,150. Four Bedroom Single-Family rentals are also available starting from $999 and Four Bedroom Apartments start at $2,100.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.