
Cheap Homes for Rent near Melvin, IA from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Melvin.


1101 E 9th St

404 E 4th St

904 N Blauvelt Ave

204 Buena Vista St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

713-715 W 16th St

429 1/2 E 26th St

1420 E Redwood Blvd

1308 E 4th St

506 N French Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

3034 N Lewis Ave

605 E 14th St

516 N Cliff Ave

1422 E Redwood Blvd

624 E 14th St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

4307 S Locust Dr

919 S Sherman Ave
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 | $1,245 | $900 | $1,799 |
| Melvin 3 Bedroom Homes for Rent | $1,942 | $1,250 | $3,950 |
| Melvin 4 Bedroom Homes for Rent | $2,093 | $975 | $3,595 |
| Melvin 5 Bedroom Homes for Rent | $3,263 | $2,395 | $3,995 |
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 Studio unit found at Ridgeview Place Apartments in the Mystic Meadows neighborhood priced from $599. Eytcheson Estates Sherburn has the second lowest priced unit, which is a 2 Beds apartment currently listed from $701. Here is today’s list of the most affordable Melvin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Place Apartments | 0BR/1.0BA | Studio,1BA | $599 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $701 |
| Sunshine Apartments | 1 Bedroom and 1 bathroom | 1BR,1BA | $725 |
| Seneca Place Apartments | 1 Bedroom | 1BR,1BA | $775 |
| Grand Teton Estates Apartments | 1BR/1.0BA | 1BR,1BA | $775 |
Best Value Apartments for Rent in Melvin, IA and Nearby
As of July 22, 2026 the best value apartment in the Melvin area is the $1.15 price per square foot 3 Beds, 2.5 baths Model at Sundance Ridge Townhomes in the in the Southeast Sioux Falls neighborhood starting from $1,650. The second greatest value Melvin apartment is the 3 Bedroom 2 Bathroom Model at Valley Vue Apartments starting at $1,459 with a $1.20 price per square foot . 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. |
|---|---|---|---|
| Sundance Ridge Townhomes | 3 Beds, 2.5 baths | 3BR,2.5BA | $1.15 |
| Valley Vue Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.20 |
| 41Six | Bloc - Townhome(SM2D) | 2BR,2.5BA | $1.17 |
| Windom Landing | 2 Bedroom - Lower Level ADA | 2BR,2BA | $0.89 |
| Augusta Townhomes | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.23 |
| Deer Creek Apartments | 2 Bedroom 1 Bathroom Apartment | 2BR,1BA | $1.20 |
| Fair View by Kading | Cottage - 2 | 2BR,1BA | $1.00 |
| Nobles Square Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Sunshine Apartments | 1 Bedroom and 1 bathroom | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Melvin, IA
Frequently Asked Questions about Melvin
What type of rentals are currently available in Melvin?
There are currently 68 Apartments for Rent in Melvin, IA with pricing that ranges from $599 to $3,005. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melvin ranging from $725 to $3,995.
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 $725 to $3,995 with an average monthly rent of $1,853.
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 $1,230 to $2,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,950. Four Bedroom Single-Family rentals are also available starting from $975 and Four Bedroom Apartments start at $1,580.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.