Cheap Apartments for Rent in Melrose, IA from $500 (44 Rentals)

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

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Foxwood Apartments
Rent Specials
$717 - $1,110
Total Monthly Price

Total Monthly Price

Base Rent
$709 - $1,102
Required Monthly Fees
$8
Total Monthly Price
$717 - $1,110
Studio to 2 Bedroom Apartments Available Now

Foxwood Apartments

1001-1007 W 3rd AveIndianola, IA 50125
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Sunset Apartments
$725 - $825
Total Monthly Price

Total Monthly Price

Base Rent
$673 - $773
Required Monthly Fees
$52
Total Monthly Price
$725 - $825
Studio to 2 Bedroom Apartments Available Now

Sunset Apartments

1113 Main StNorwalk, IA 50211
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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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The Ridges
$740 - $925
Total Monthly Price

Total Monthly Price

Base Rent
$675 - $860
Required Monthly Fees
$65
Total Monthly Price
$740 - $925
1 to 2 Bedroom Apartments Available Now

The Ridges

7201 SE 5th StDes Moines, IA 50315
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Fish Creek
$825 - $1,175
Total Monthly Price

Total Monthly Price

Base Rent
$792 - $1,142
Required Monthly Fees
$33
Total Monthly Price
$825 - $1,175
1 to 3 Bedroom Apartments Available Now

Fish Creek

817-1619 E 17th StNorwalk, IA 50211
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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.

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Somerset
$882 - $1,485
Total Monthly Price

Total Monthly Price

Base Rent
$794 - $1,397
Required Monthly Fees
$88
Total Monthly Price
$882 - $1,485
1 to 3 Bedroom Apartments Available Now

Somerset

6620 SE 5th StDes Moines, IA 50315
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Indianola Park 2
1 to 2 Bedroom Apartments

Indianola Park 2

905 N 15th StIndianola, IA 50125
  • Utilities Included
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Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
Senior Living
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Flats on 5th
1 to 2 Bedroom Apartments

Flats on 5th

7109 SE 5th StDes Moines, IA 50315
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The Meadows
2 to 4 Bedroom Apartments

The Meadows

7500 Meadowlands DrDes Moines, IA 50320
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Indianola Park 1
1 to 2 Bedroom Apartments

Indianola Park 1

902 N 14th StIndianola, IA 50125
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Williams Terrace
1 to 2 Bedroom Apartments

Williams Terrace

1603 N 9th StIndianola, IA 50125
Senior Living
Showing Results 1-44, Page 1 of 1

Melrose, IA Local Guide

Cheapest Available Melrose Apartments for Rent and Nearby

 

The cheapest available apartment rental in Melrose, IA is a 1 Bed unit found at Next Level Apartments - Easton Village in the Easton Park neighborhood priced from $681. Tisdale Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $720. Here is today’s list of the most affordable Melrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Next Level Apartments - Easton VillageA11BR,1BA$681
Tisdale Apartments2 Bedroom2BR,1BA$720
Sunset ApartmentsStudio, 1 baStudio,1BA$725
Prairie Village of PellaA1 Classic1BR,1BA$775
Foxwood ApartmentsB22BR,1BA$795
Willow Bend1 Bedroom1BR,1BA$810
Fish CreekB1 - Classic2BR,1BA$825
Flats on 5thHayes 1.1A 60%1BR,1BA$825
Northern Plains by KadingHutton3BR,1BA$825
Fort Des Moines1-Bedroom1BR,1BA$850

Best Value Apartments for Rent in Melrose, IA and Nearby

As of April 07, 2026 the best value apartment in the Melrose area is the $0.62 price per square foot Four Bedroom Model at Asbury Heights in the starting from $1,188. The second greatest value Melrose apartment is the 3 Bedroom Model at The Meadows starting at $995 with a $0.95 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Melrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Asbury HeightsFour Bedroom4BR,2BA$0.62
The Meadows3 Bedroom3BR,2BA$0.95
Fort Des Moines2-Bedroom2BR,2BA$0.97
Northern Plains by KadingHutton3BR,1BA$0.82
Osceola HeightsMove in special ending soon. Rent your home tod...3BR,1BA$1.00
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Lyn Crossing2 Bedroom2BR,1BA$1.04
Country Club Estates2 Bedroom 1 Bathroom2BR,1BA$1.04
Tisdale Apartments2 Bedroom2BR,1BA$1.03
Next Level Apartments - Easton VillageA11BR,1BA$1.04

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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 Melrose, IA Rentals by Map

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See the most popular apartments and homes in Melrose, IA

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Frequently Asked Questions about Cheap Melrose Apartments

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

The lowest price for a Cheap One Bedroom Melrose Apartment is $674 at Next Level Apartments - Easton Village.

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

Today's best deal for a Cheap Two Bedroom Apartment in Melrose is starting from $720 at Tisdale Apartments.

What is the most affordable Melrose Three Bedroom Apartment?

The best deal on a cheap Melrose Three Bedroom Apartment rental is at Northern Plains by Kading and starts from $825.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.