Cheap Apartments for Rent near Murray, IA from $545 (53 Rentals)

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

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.

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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.

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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.

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1833 Curtis Ave
1 to 2 Bedroom Apartments

1833 Curtis Ave

1833 Curtis AveChariton, IA 50049
Corporate Housing
  • Utilities Included

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.

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The Bridges
1 to 2 Bedroom Apartments

The Bridges

1111 N 8th AveWinterset, IA 50273
  • Utilities Included
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Williams Terrace
1 to 2 Bedroom Apartments

Williams Terrace

1603 N 9th StIndianola, IA 50125
Senior Living

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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Murray, IA Local Guide

Cheapest Available Murray Apartments for Rent and Nearby

 

The cheapest available apartment rental in Murray, IA is a 1 Bed unit found at Valley Acres Apartments in the Southwest Des Moines neighborhood priced from $675. Next Level Apartments - Easton Village in the Easton Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Murray apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley Acres Apartments1 Bedroom 1 Bathroom1BR, 1BA$675
Next Level Apartments - Easton VillageA11BR, 1BA$695
Foxwood ApartmentsA11BR, 1BA$700
Dennis Park ApartmentsB12BR, 1BA$744
Indianola Park II Apartments1BR Upper1BR, 1BA$750
Indianola Park Apartments1BR Upper1BR, 1BA$750
Summit House Apartments2 Bedroom 1 Bathroom2BR, 1BA$755
Woodland Park - Fontanelle1 BR1BR, 1BA$775
Deer Run ApartmentsB12BR, 1BA$792
Northern Plains by KadingCottage - 22BR, 1BA$795

Best Value Apartments for Rent in Murray, IA and Nearby

As of September 22, 2026 the best value apartment in the Murray area is the $1.13 price per square foot Platinum Pointe - 4 Bed Model at Platinum Pointe Townhomes in the Dallas County neighborhood starting from $2,700. The second greatest value Murray apartment is the Villa Model at Osceola Heights by Kading starting at $1,050 with a $1.04 price per square foot. Here is today’s list of the best values for Murray apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Platinum Pointe TownhomesPlatinum Pointe - 4 Bed4BR, 3BA$1.13
Osceola Heights by KadingVilla3BR, 1BA$1.04
Northern Plains by KadingCottage - 22BR, 1BA$0.94
Sunset Apartments2bd, 1ba2BR, 1BA$1.03
Deer Run ApartmentsB12BR, 1BA$0.99
Dennis Park ApartmentsB12BR, 1BA$0.93
Summit House Apartments2 Bedroom 1 Bathroom2BR, 1BA$0.95
Valley Acres Apartments1 Bedroom 1 Bathroom1BR, 1BA$1.04
Next Level Apartments - Easton VillageA11BR, 1BA$1.07
Foxwood ApartmentsA11BR, 1BA$1.12

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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Navigating 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.

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Real 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.

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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!

Explore Murray, IA Rentals by Map

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Frequently Asked Questions about Cheap Murray Apartments

What is the Cheapest Studio apartment in Murray?

Currently the most affordable Cheap Studio Apartment in Murray is at Prairie Grass at Jordan Creek listed at $900.

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

The lowest price for a Cheap One Bedroom Murray Apartment is $675 at Valley Acres Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Murray is starting from $744 at Dennis Park Apartments.

What is the most affordable Murray Three Bedroom Apartment?

The best deal on a cheap Murray Three Bedroom Apartment rental is at Osceola Heights by Kading and starts from $1,010.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.