
Cheap Homes for Rent in Merrill, IA from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Merrill.


1312 Westgate Dr

2223 Douglas St

109 S Locust St
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.

317 S Cherokee St

205 N Cherry St

707 W Main St

221 Lincoln St
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.

2014 Wall St
Merrill, IA Local Guide

How much does it cost to rent a home in Merrill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Merrill 2 Bedroom Homes for Rent | $1,180 | $950 | $1,650 |
| Merrill 3 Bedroom Homes for Rent | $1,687 | $1,400 | $1,925 |
| Merrill 4 Bedroom Homes for Rent | $1,666 | $1,300 | $1,900 |
Browse Top Homes for Rent in Merrill
Explore Merrill
Merrill, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Merrill Apartments for Rent and Nearby
 The cheapest available apartment rental in Merrill, IA is a 1 Bed unit found at Five Sons Apartments priced from $900. 635 8th Ave SW has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Merrill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Five Sons Apartments | 1 Bed | 1BR,1BA | $900 |
| 635 8th Ave SW | ONE BED ROOM APARTMENT | 1BR,1BA | $900 |
| Clifton Estates | 375.a | 1BR,1BA | $915 |
Best Value Apartments for Rent in Merrill, IA and Nearby
As of May 30, 2026 the best value apartment in the Merrill area is the $0.93 price per square foot 3 Bedrooms / 1 1/2 Bathrooms Townhome Model at Gatewood Estates in the starting from $1,254. The second greatest value Merrill apartment is the Evergreen Model at Ridge Oaks starting at $1,140 with a $1.08 price per square foot . Here is today’s list of the best values for Merrill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gatewood Estates | 3 Bedrooms / 1 1/2 Bathrooms Townhome | 3BR,1BA | $0.93 |
| Ridge Oaks | Evergreen | 2BR,1.5BA | $1.08 |
| Woodbury Heights | Two Bedroom | 2BR,1BA | $1.16 |
| Floyd River Flats | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.25 |
| Clifton Estates | 375.a | 1BR,1BA | $1.17 |
| Avenue East | Townhome | 2BR,1BA | $1.31 |
| McCook Apartments | Rent Special - 2 Bedroom 1 Bath | 2BR,1BA | $1.33 |
| Country Club Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.27 |
| The Arbors | Sapling | 1BR,1BA | $1.35 |
| Five Sons Apartments | 1 Bed | 1BR,1BA | $1.38 |
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!
Explore Merrill, IA Rentals by Map
See the most popular apartments and homes in Merrill, IA
Frequently Asked Questions about Merrill
What type of rentals are currently available in Merrill?
There are currently 47 Apartments for Rent in Merrill, IA with pricing that ranges from $760 to $3,704. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merrill ranging from $950 to $1,925.
What is the current price range for Rental Homes in Merrill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Merrill ranges from $950 to $1,925 with an average monthly rent of $1,511.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.