Cheap Homes for Rent in Nevada, IA from $700 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in Nevada.

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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property at 215 Jewel Dr

215 Jewel Dr

AmesIA50010

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.

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Showing Results 1-13, Page 1 of 1

Nevada, IA Local Guide

Cheapest Available Nevada Apartments for Rent and Nearby

 

The cheapest available apartment rental in Nevada, IA is a 1 Bed unit found at Melrose Park Apartments in the Eagle Ridge neighborhood priced from $705. Oakwood in the Fountainview neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Nevada apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Melrose Park Apartments1 Bed, 1 bath1BR,1BA$705
Oakwood1 bedroom1BR,1BA$799
Spacious Apartments minutes from everything2br/2ba2BR,2BA$875
Laverne ApartmentsTwo Bedroom, Two Bath2BR,2BA$875
Somerset Apartments1 Bedroom1BR,1BA$880

Best Value Apartments for Rent in Nevada, IA and Nearby

As of May 24, 2025 the best value apartment in the Nevada area is the $0.65 price per square foot 2BR/2.5BA Model at Copper Beech at Ames in the in the South Ames neighborhood starting from $800. The second greatest value Nevada apartment is the Three Bedroom, Two Bath Model at Laverne Apartments starting at $1,265 with a $1.05 price per square foot in the South Ames neighborhood. Here is today’s list of the best values for Nevada apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Copper Beech at Ames2BR/2.5BA2BR,2.5BA$0.65
Laverne ApartmentsThree Bedroom, Two Bath3BR,2BA$1.05
Total Property Management 528-530 Welch Ave.528 Welch Ave.4BR,2.5BA$1.33
The Quarters AmesA - 3x33BR,3BA$1.59
The Grove at Ames2BR/2BA2BR,2BA$0.73
Somerset Apartments2 Bedroom2BR,1BA$1.18
Spacious Apartments minutes from everything2br/2ba2BR,2BA$0.99
Oakwood1 bedroom1BR,1BA$1.07
Brick Towne Ames1 Bedroom1BR,1BA$1.51
Melrose Park Apartments1 Bed, 1 bath1BR,1BA$1.29

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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Frequently Asked Questions about Nevada

What type of rentals are currently available in Nevada?

There are currently 66 Apartments for Rent in Nevada, IA with pricing that ranges from $445 to $2,600. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nevada ranging from $775 to $2,400.

What is the current price range for Rental Homes in Nevada?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Nevada ranges from $775 to $2,400 with an average monthly rent of $1,455.

How much are larger Three and Four Bedroom Rentals in Nevada?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Nevada range from $465 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $445.

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 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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.