
Cheap Apartments for Rent near Middletown, IA from $390 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Middletown.


Smith and Royer Apartments

Total Monthly Price
Welch Hotel Senior Apartments

Aspen Court

MAPLE PLACE APARTMENTS

Bel Aire Apartments

Park Madison Apartments

Summer Street Apartments

Green Gable Cottages
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.

Westland Village

Caspian Village Apartments

Pine Ridge

Riverbend 3306-3500 Steamboat Way

Total Monthly Price
Alice Place West Burlington

Tama Too Apartments

Stonegate Village Apartments

Homewood Manor

Creekside Park
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.

River Ridge 2301-2325 University Drive

Hawthorne Townhomes

630 N 6th St

410 N Monroe St

Lexington Concord

Fairfield Park II Apartments

Louden Lofts

201-220 Charleston Blvd

Chateau Apartments
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.

201 Charleston Blvd

435 S Broadway St

37 Village Ct

Cotton Mill Apartments

Keokuk Family Flats

1218 Cedar St

111 Belmont Ct

The Burlington Apartments

Colorado Senior Lofts 55+
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.

308 Burlington St

315 Todds Ferry Rd

601-605 W Orchard St

Valley View

2323-3030 31st Ave

1000 Lakewood Dr

Mediapolis Village

1943 Bertsch Ave

1213 Doemland St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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605 W 3rd St

602 W Burlington Ave
Middletown, IA Local Guide

How much does it cost to rent an apartment in Middletown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Middletown Studio Apartments | $892 | $390 | $1,200 |
| Middletown 1 Bedroom Apartments | $886 | $510 | $1,425 |
| Middletown 2 Bedroom Apartments | $1,062 | $450 | $1,695 |
| Middletown 3 Bedroom Apartments | $1,272 | $870 | $1,900 |
| Middletown 4 Bedroom Apartments | $1,258 | $600 | $1,650 |
Browse Top Apartments in Middletown
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Middletown, IA Local Guide
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Cheapest Available Middletown Apartments for Rent and Nearby
 The cheapest available apartment rental in Middletown, IA is a Studio unit found at Macomb Rentals priced from $390. Welch Hotel Senior Apartments in the Oak Ridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Middletown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Macomb Rentals | Studio, 1 bath | Studio,1BA | $390 |
| Welch Hotel Senior Apartments | Studio | Studio,1BA | $650 |
| Smith and Royer Apartments | 1 Bedroom Side Apartment | 1BR,1BA | $650 |
| Bel Aire Apartments | 1 Bedroom | 1BR,1BA | $700 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $750 |
| Caspian Village Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $750 |
| Green Gable Cottages | Green Gable 1 Bedroom | 1BR,1BA | $750 |
| Pine Ridge | 1-norwa | 1BR,1BA | $775 |
| Westland Village | 2x1 | 2BR,1BA | $850 |
| Stonegate Village Apartments | One Bedroom | 1BR,1BA | $860 |
Best Value Apartments for Rent in Middletown, IA and Nearby
As of September 07, 2026 the best value apartment in the Middletown area is the $0.76 price per square foot 2 Bedroom Model at Nemitz Hall in the in the Threshers Meadows neighborhood starting from $1,095. The second greatest value Middletown apartment is the The Riverside Model at Parkway Commons starting at $1,350 with a $1.09 price per square foot in the Saukie neighborhood. Here is today’s list of the best values for Middletown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nemitz Hall | 2 Bedroom | 2BR,2BA | $0.76 |
| Parkway Commons | The Riverside | 2BR,2BA | $1.09 |
| Creekside Park | 3 BR / 2 BA | 3BR,2BA | $0.85 |
| Blaul Lofts | Blaul Lofts - 309 | 2BR,1BA | $1.00 |
| School House Apartments | 2 Bedroom and 1 Bath | 2BR,1BA | $1.03 |
| Westland Village | 2x1 | 2BR,1BA | $0.89 |
| Hawthorne Townhomes | 2 Bedrooms 2 Bath | 2BR,1.5BA | $0.94 |
| Alice Place West Burlington | 2-Bedroom | 2BR,1BA | $1.13 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $1.00 |
| Bel Aire Apartments | 2 Bedrooms | 2BR,1BA | $1.18 |
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 ArticleNavigating 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.
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 Middletown, IA Rentals by Map
See the most popular apartments and homes in Middletown, IA
Frequently Asked Questions about Cheap Middletown Apartments
How much is rent for a Cheap One Bedroom Middletown Apartment?
The lowest price for a Cheap One Bedroom Middletown Apartment is $510 at Macomb Rentals.
What is the lowest price for a Cheap Two Bedroom Middletown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Middletown is starting from $450 at Macomb Rentals.
What is the most affordable Middletown Three Bedroom Apartment?
The best deal on a cheap Middletown Three Bedroom Apartment rental is at Creekside Park and starts from $1,029.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.