Cheap Apartments for Rent in Murray, IA from $500 (30 Rentals)

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

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Alice Place at Norwalk
Rent Specials
$650 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$650 - $1,350

Total Monthly Price
$650 - $1,350
Studio to 2 Bedroom Apartments Available Now

Alice Place at Norwalk

9310 Marketplace DrNorwalk, IA 50211
Senior Living
  • Verified
  • Utilities Included
  • Low Income

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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Foxwood Apartments
Rent Specials
$704 - $1,110
Total Monthly Price

Total Monthly Price

Base Rent
$696 - $1,102
Required Monthly Fees
$8

Total Monthly Price
$704 - $1,110
Studio to 2 Bedroom Apartments Available Now

Foxwood Apartments

1001-1007 W 3rd AveIndianola, IA 50125
  • Verified
  • Customer Reviewed
  • 3D Tour
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Sunset Apartments
$725 - $825
Total Monthly Price

Total Monthly Price

Base Rent
$673 - $773
Required Monthly Fees
$52

Total Monthly Price
$725 - $825
Studio to 2 Bedroom Apartments Available Now

Sunset Apartments

1113 Main StNorwalk, IA 50211
  • Verified
  • Utilities Included
  • Smoke Free
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Fountain Terrace
$795 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$680 - $1,480
Required Monthly Fees
$115

Total Monthly Price
$795 - $1,595
Studio to 3 Bedroom Apartments Available Now

Fountain Terrace

655 S 88th StWest Des Moines, IA 50266
Furnished
  • Verified
  • Utilities Included
  • 3D Tour

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.

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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The Bridges
1 to 2 Bedroom Apartments

The Bridges

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

Indianola Park 1

902 N 14th StIndianola, IA 50125
  • Utilities Included
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Indianola Park 2
1 to 2 Bedroom Apartments

Indianola Park 2

905 N 15th StIndianola, IA 50125
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 $650. 1833 Curtis Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. 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$650
1833 Curtis Ave1 BR/ 1 BA1BR,1BA$700
Foxwood ApartmentsA11BR,1BA$704
Sunset ApartmentsStudio, 1 baStudio,1BA$725
Next Level Apartments - Easton VillageB12BR,1BA$742
East Park ApartmentsOne Bedroom2BR,1BA$750
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755
Woodland Park - Fontanelle1 BR1BR,1BA$775
Fountain TerraceNeptuneStudio,1BA$795
Cedarbrooke PlaceA2 - Income Restricted1BR,1BA$825

Best Value Apartments for Rent in Murray, IA and Nearby

As of March 24, 2026 the best value apartment in the Murray area is the $1.00 price per square foot Cottage - 3 Model at Vesta Village by Kading in the starting from $1,235. The second greatest value Murray apartment is the Move in special ending soon. Rent your home to... Model at Northern Plains by Kading starting at $985 with a $0.80 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.
Vesta Village by KadingCottage - 33BR,2BA$1.00
Northern Plains by KadingMove in special ending soon. Rent your home to...3BR,2BA$0.80
Linden West2 bed 2 bath w/out laundry2BR,2BA$1.05
Osceola HeightsMove in special ending soon. Rent your home tod...3BR,1BA$1.00
Cherry CreekGlenwood-Hutton3BR,1BA$0.99
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Next Level Apartments - Easton VillageB12BR,1BA$0.93
Country Club Estates2 Bedroom 1 Bathroom2BR,1BA$1.04
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.00

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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 Murray Apartments

What is the Cheapest Studio apartment in Murray?

Currently the most affordable Cheap Studio Apartment in Murray is at Sunset Apartments listed at $725.

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

The lowest price for a Cheap One Bedroom Murray Apartment is $650 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 $742 at Next Level Apartments - Easton Village.

What is the most affordable Murray Three Bedroom Apartment?

The best deal on a cheap Murray Three Bedroom Apartment rental is at Country Club Estates and starts from $950.

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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.