
Cheap Homes for Rent in Melvin, IA from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Melvin.


515 E 11th St

105 S Lindberg Ave

2009 Great Bend Blvd
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.

205 Grape St

2102 Gary Ave

820 N Cedar St

1418 Kayla Pl
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.

301 Luverne St.
Melvin, IA Local Guide

How much does it cost to rent a home in Melvin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melvin 2 Bedroom Homes for Rent | $1,197 | $599 | $2,000 |
| Melvin 3 Bedroom Homes for Rent | $1,837 | $1,400 | $2,900 |
| Melvin 4 Bedroom Homes for Rent | $2,600 | $1,200 | $3,500 |
| Melvin 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Top Homes for Rent in Melvin
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Melvin, IA Local Guide
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Cheapest Available Melvin Apartments for Rent and Nearby
 The cheapest available apartment rental in Melvin, IA is a 1 Bed unit found at Dodecagon Plaza priced from $450. Deer Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here is today’s list of the most affordable Melvin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dodecagon Plaza | 1 BR | 1BR,1BA | $450 |
| Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $635 |
| Windcrest Village Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $647 |
Best Value Apartments for Rent in Melvin, IA and Nearby
As of December 27, 2025 the best value apartment in the Melvin area is the $0.68 price per square foot 4 Bedroom - Upper Level Model at Windom Landing in the starting from $975. The second greatest value Melvin apartment is the 3 Beds, 2.5 baths Model at Sundance Ridge Townhomes starting at $1,650 with a $1.15 price per square foot in the Southeast Sioux Falls neighborhood. Here is today’s list of the best values for Melvin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windom Landing | 4 Bedroom - Upper Level | 4BR,2BA | $0.68 |
| Sundance Ridge Townhomes | 3 Beds, 2.5 baths | 3BR,2.5BA | $1.15 |
| Valley Vue Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.19 |
| Deer Creek Apartments | 3 Bedroom 1 Bathroom Apartment | 3BR,1BA | $1.12 |
| Lakeside Apartments | D - 2 Bed 2 Bath | 2BR,2BA | $1.23 |
| Joslyn Heights Apartments | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.12 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Briarwood Reserve Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.23 |
| 172 North St, Unit 168 | 172 North St | 1BR,1BA | $0.98 |
| Dodecagon Plaza | 1 BR | 1BR,1BA | $0.90 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Melvin
What type of rentals are currently available in Melvin?
There are currently 60 Apartments for Rent in Melvin, IA with pricing that ranges from $399 to $3,804. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melvin ranging from $599 to $3,500.
What is the current price range for Rental Homes in Melvin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Melvin ranges from $599 to $3,500 with an average monthly rent of $1,986.
How much are larger Three and Four Bedroom Rentals in Melvin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Melvin range from $1,095 to $3,804, 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 $1,200 and Four Bedroom Apartments start at $975.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!