Cheap Apartments for Rent in Merrill, IA from $700 (39 Rentals)

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

property at 316 E 2nd St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

2 Bedroom, 1 Bath Home for Rent

Available May 1

316 E 2nd St

RemsenIA51050
property at 502 N Dakota St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 Bedroom, 1 Bath Home for Rent

Available Now

502 N Dakota St

VermillionSD57069

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 2317 S Henry St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Townhome for Rent

Available May 17

2317 S Henry St

Sioux CityIA51106

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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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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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
Senior Living
  • Utilities Included
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Gatewood Estates
Studio to 3 Bedroom Apartments

Gatewood Estates

627 Streeter DrNorth Sioux City, SD 57049
  • Utilities Included
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Ridgewood Apartments
1 Bedroom Apartments

Ridgewood Apartments

260 S 4th StAkron, IA 51001
Senior Living
  • Utilities Included
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Le Mars Estates
2 to 3 Bedroom Apartments

Le Mars Estates

650 4th Ave NELe Mars, IA 51031
  • Utilities Included

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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1601 S Alice St
2 Bedroom Apartments

1601 S Alice St

1601 S Alice StSioux City, IA 51106
  • Utilities Included

Merrill, IA Local Guide

Cheapest Available Merrill Apartments for Rent and Nearby

 

The cheapest available apartment rental in Merrill, IA is a 2 Beds unit found at Woodbury Heights priced from $885. Urbane 1220 has the second lowest priced unit, which is a Studio apartment currently listed from $893. Here is today’s list of the most affordable Merrill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodbury HeightsTwo Bedroom2BR,1BA$885
Urbane 1220AcadianStudio,1BA$893
635 8th Ave SWONE BED ROOM APARTMENT1BR,1BA$900
District 42 Apartments & TownhomesStudio ApartmentStudio,1BA$920
Country Club Apartments1 Bed, 1 Bath1BR,1BA$925
Five Sons Apartments1 Bed1BR,1BA$950
The ArborsSapling1BR,1BA$990
Floyd River Flats1 Bed 1 Bath Apartment1BR,1BA$990
McCook ApartmentsRent Special - 2 Bedroom 1 Bath2BR,1BA$995
Avenue EastTownhome2BR,1BA$1,000

Best Value Apartments for Rent in Merrill, IA and Nearby

As of April 28, 2026 the best value apartment in the Merrill area is the $1.04 price per square foot Evergreen Model at Ridge Oaks in the starting from $1,099. The second greatest value Merrill apartment is the Two Bedroom Model at Woodbury Heights starting at $885 with a $0.89 price per square foot . Here is today’s list of the best values for Merrill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ridge OaksEvergreen2BR,1.5BA$1.04
Woodbury HeightsTwo Bedroom2BR,1BA$0.89
Glen Oaks by BroadmoorThe Lakeport2BR,2BA$1.26
Country Club Apartments2 Bed, 1 Bath2BR,1BA$1.24
East High LoftsB22BR,1BA$1.37
Indian HillsWillow2BR,1BA$1.30
Floyd River Flats1 Bed 1 Bath Apartment1BR,1BA$1.24
Avenue EastTownhome2BR,1BA$1.31
McCook ApartmentsRent Special - 2 Bedroom 1 Bath2BR,1BA$1.33
The ArborsSapling1BR,1BA$1.35

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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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!

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Frequently Asked Questions about Cheap Merrill Apartments

What is the Cheapest Studio apartment in Merrill?

Currently the most affordable Cheap Studio Apartment in Merrill is at Urbane 1220 listed at $893.

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

The lowest price for a Cheap One Bedroom Merrill Apartment is $895 at Glen Oaks by Broadmoor.

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

Today's best deal for a Cheap Two Bedroom Apartment in Merrill is starting from $885 at Woodbury Heights.

What is the most affordable Merrill Three Bedroom Apartment?

The best deal on a cheap Merrill Three Bedroom Apartment rental is at Lakewood Apartments and Townhomes and starts from $1,825.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.