
Cheap Apartments for Rent in Nevada, IA from $400 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Nevada.


East Park Village Apartments

Oak Park Estates

919 6th St

Evergreen Lane Apartments

Nevada Park Elderly Apartments

Bella Vista Townhomes

Campustown
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.

Furman 24th Street Apartments

Oakwood

Melrose Park Apartments

Gateway

Somerset Apartments

South Meadow

420 S 4th St

Furman Somerset Apartments
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.

Tall Timber Apartments

3500 Grand Ave

Timbercreek Apartments

Crystal Street Apartments

Wessex Apartments

Laverne Apartments

1108 S. 4th Street

520 5th St
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.

312 Sycamore St

307 Lynn Ave

Furman Regency Court

304 Welch Ave

1005 28th St

210 N Main St

1006 Lincoln Way

215 N Main St
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.

2721 Luther Dr

5504 Kansas Dr

238 Village Dr

Ferndale Furman Apartments

4008 Ontario St

2109 Barr Dr

South View Apartments

Cardinal Terrace
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.

912 Grand Ave

426 Jeffrey Ln
Nevada, IA Local Guide

How much does it cost to rent an apartment in Nevada?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nevada Studio Apartments | $831 | $610 | $955 |
| Nevada 1 Bedroom Apartments | $899 | $710 | $1,320 |
| Nevada 2 Bedroom Apartments | $981 | $615 | $1,700 |
| Nevada 3 Bedroom Apartments | $907 | $465 | $2,300 |
| Nevada 4 Bedroom Apartments | $746 | $445 | $1,900 |
Browse Top Apartments in Nevada
See all Apartments in NevadaExplore Nevada
Nevada, IA Local Guide
- Nevada Neighborhoods
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- School Districts
Cheapest Neighborhoods for Apartments in Nevada, IA
Pricing Updated: 06/21/2026Current apartment rentals in the Nevada, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Nevada Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Glen Newton | $1,600 | $725 | 1 |
Cheapest Available Nevada Apartments for Rent and Nearby
 The cheapest available apartment rental in Nevada, IA is a 3 Beds unit found at Campustown in the Somerset neighborhood priced from $489. The Grove in the Grand Junction neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $599. Here is today’s list of the most affordable Nevada apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campustown | 200 Stanton Ave - 3 Bed - 1 Bath - C - UF | 3BR,1BA | $489 |
| The Grove | 3BR/3BA Upgraded | 3BR,3BA | $599 |
| Copper Beech | 3BR/3BA | 3BR,3BA | $660 |
| Oakwood | 1 bedroom | 1BR,1BA | $775 |
| Melrose Park Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $785 |
| Somerset Apartments | Studio Apartment | Studio,1BA | $800 |
| Evergreen Lane Apartments | 2 Beds, 1 Baths | 2BR,1BA | $850 |
| East Park Village Apartments | 2BR Upper | 2BR,1BA | $880 |
| Crystal Street Apartments | 2br/2ba | 2BR,2BA | $925 |
| Laverne Apartments | Two Bedroom, Two Bath | 2BR,2BA | $950 |
Best Value Apartments for Rent in Nevada, IA and Nearby
As of June 21, 2026 the best value apartment in the Nevada area is the $1.04 price per square foot 3 Bedroom Model at Oakwood in the in the Gateway Hills neighborhood starting from $1,350. The second greatest value Nevada apartment is the 200 Stanton Ave - 3 Bed - 1 Bath - A - UF Model at Campustown starting at $584 with a $0.45 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Nevada apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oakwood | 3 Bedroom | 3BR,2BA | $1.04 |
| Campustown | 200 Stanton Ave - 3 Bed - 1 Bath - A - UF | 3BR,1BA | $0.45 |
| The Grove | 3BR/3BA Upgraded | 3BR,3BA | $0.48 |
| 1108 S. 4th Street | 3 Bed/ 1.5 Bath | 3BR,1.5BA | $0.98 |
| Evergreen Lane Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.89 |
| The Landing Ames | B1 - 2x2 | 2BR,2BA | $0.68 |
| Aspen Village | 2724 Stange (2 bdrm) | 2BR,2BA | $1.22 |
| Crystal Street Apartments | 2br/2ba | 2BR,2BA | $1.05 |
| Laverne Apartments | Two Bedroom, Two Bath | 2BR,2BA | $1.11 |
| The Lofts | Two Bedroom | 2BR,1BA | $0.78 |
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.
Best Local Schools in Nevada, IA
Central Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Nevada, IA Rentals by Map
See the most popular apartments and homes in Nevada, IA
Frequently Asked Questions about Cheap Nevada Apartments
How much is rent for a Cheap One Bedroom Nevada Apartment?
The lowest price for a Cheap One Bedroom Nevada Apartment is $775 at Oakwood.
What is the lowest price for a Cheap Two Bedroom Nevada Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Nevada is starting from $795 at Melrose Park Apartments.
What is the most affordable Nevada Three Bedroom Apartment?
The best deal on a cheap Nevada Three Bedroom Apartment rental is at Campustown and starts from $489.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.