Cheap Apartments for Rent in Murray, IA from $500 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

Read Article

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.

Read Article
Showing Results 1-14, Page 1 of 1

Murray, IA Local Guide

Cheapest Available Murray Apartments for Rent and Nearby

 

The cheapest available apartment rental in Murray, IA is a 2 Beds unit found at Foxwood Apartments in the Easton Park neighborhood priced from $638. Northern Plains by Kading has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Murray apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Foxwood ApartmentsB22BR,1BA$638
Northern Plains by KadingCottage - 22BR,1BA$695
Next Level Apartments - Deer RunB12BR,1BA$701
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$725
East Park Apartments1/2 Story Down2BR,1BA$750

Best Value Apartments for Rent in Murray, IA and Nearby

As of July 22, 2025 the best value apartment in the Murray area is the $1.04 price per square foot Platinum Pointe - 3 Bed Model at Platinum Pointe in the starting from $2,500. The second greatest value Murray apartment is the Telluride Model at High Pointe starting at $1,392 with a $1.13 price per square foot in the Prairie View neighborhood. 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 PointePlatinum Pointe - 3 Bed3BR,3BA$1.04
High PointeTelluride3BR,2BA$1.13
Lincoln Ridge by KadingSign a 13 Month Lease, Get the 13th Month Free!3BR,1BA$1.14
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Northern Plains by KadingCottage - 22BR,1BA$0.83
Sunset Apartments2bd, 1ba2BR,1BA$0.96
Foxwood ApartmentsB12BR,1BA$0.83
Next Level Apartments - Deer RunB12BR,1BA$0.88
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.12

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Murray, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Murray, IA

View Map
Murray, IA Apartments Map
View Map
Murray, IA Rental Homes Map

Getting Around Murray, IA

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Murray Apartments

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

The lowest price for a Cheap One Bedroom Murray Apartment is $725 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 $638 at Foxwood Apartments.

What is the most affordable Murray Three Bedroom Apartment?

The best deal on a cheap Murray Three Bedroom Apartment rental is at Northern Plains by Kading and starts from $825.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.