
Cheap Apartments for Rent in New Virginia, IA from $500 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in New Virginia.


Historic Winterset High School Apartments 55+

Total Monthly Price
Alice Place at Norwalk

Country Club Estates

Foxwood Apartments

Valley Acres Apartments

Sunset Apartments

The Ridges

The Hampton Meadows

Indianola Park II Apartments
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.

Next Level Apartments - Easton Village

Norwalk Meadows

Dennis Park Apartments

Melbourne

Wakonda Village Apartments and Manor

Fish Creek

Deer Run Apartments

Willow Bend

Goldbriar Chateau

The Oaks
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.

High Pointe

Linden East Apartments

Sunburst

Somerset

Total Monthly Price
Vesta Village by Kading

Cedarbrooke Place

Schoolyard Rowhomes

Glenwood Villas

Allure at 57

Total Monthly Price
Osceola Heights by Kading
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.

Cherry Creek

Lyn Crossing

Linden West

Legacy Landing Apartments

Sunset Terrace

Emerald Reserve Indianola

The Vineyards

Callaway at Holland Pointe

Total Monthly Price
Lincoln Ridge by Kading

The Middlebrook Lofts
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.

Grand Valley Townhomes

Gustin Flats

Southern Park Apartments

1833 Curtis Ave

6920 SW 9th St

East Park Apartments

Carlisle Park Apartments

Indianola Park Apartments

Norwalk Park Apartments

The Bridges
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.
New Virginia, IA Local Guide

How much does it cost to rent an apartment in New Virginia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Virginia Studio Apartments | $789 | $575 | $1,075 |
| New Virginia 1 Bedroom Apartments | $1,099 | $545 | $1,922 |
| New Virginia 2 Bedroom Apartments | $1,240 | $775 | $2,095 |
| New Virginia 3 Bedroom Apartments | $1,683 | $882 | $2,495 |
Browse Top Apartments in New Virginia
See all Apartments in New VirginiaExplore New Virginia
New Virginia, IA Local Guide
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Cheapest Available New Virginia Apartments for Rent and Nearby
 The cheapest available apartment rental in New Virginia, IA is a 1 Bed unit found at Foxwood Apartments in the Easton Park neighborhood priced from $701. Sunset Apartments in the Prairie View neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable New Virginia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Foxwood Apartments | A2 | 1BR,1BA | $701 |
| Sunset Apartments | 1 bedroom, | Studio,1BA | $725 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $725 |
| The Ridges | 1 Bedroom | 1BR,1BA | $740 |
| Indianola Park II Apartments | 1BR Upper | 1BR,1BA | $750 |
| Indianola Park Apartments | 1BR Upper | 1BR,1BA | $750 |
| The Hampton Meadows | 1 Bedroom | 1BR,1BA | $750 |
| Astra - 704 | 2/1 | 2BR,1BA | $775 |
| Next Level Apartments - Easton Village | B1 | 2BR,1BA | $789 |
| Norwalk Meadows | A1 Classic | 1BR,1BA | $795 |
Best Value Apartments for Rent in New Virginia, IA and Nearby
As of August 04, 2026 the best value apartment in the New Virginia area is the $1.06 price per square foot 3 Bedroom Model at The Vineyards in the in the Southeast Des Moines neighborhood starting from $1,295. The second greatest value New Virginia apartment is the 3 Bedroom Model at The Meadows starting at $995 with a $0.95 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for New Virginia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Vineyards | 3 Bedroom | 3BR,2BA | $1.06 |
| The Meadows | 3 Bedroom | 3BR,2BA | $0.95 |
| High Pointe | Vail | 2BR,2BA | $1.09 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Next Level Apartments - Easton Village | C1 | 3BR,1BA | $0.88 |
| Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
| Goldbriar Chateau | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.96 |
| Vesta Village by Kading | Cottage - 2 | 2BR,1BA | $1.09 |
| Dennis Park Apartments | B1 | 2BR,1BA | $1.03 |
| Deer Run Apartments | B1 | 2BR,1BA | $1.04 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Virginia, IA Rentals by Map
See the most popular apartments and homes in New Virginia, IA
Frequently Asked Questions about Cheap New Virginia Apartments
How much is rent for a Cheap One Bedroom New Virginia Apartment?
The lowest price for a Cheap One Bedroom New Virginia Apartment is $701 at Foxwood Apartments.
What is the lowest price for a Cheap Two Bedroom New Virginia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Virginia is starting from $775 at Sunset Apartments.
What is the most affordable New Virginia Three Bedroom Apartment?
The best deal on a cheap New Virginia Three Bedroom Apartment rental is at Next Level Apartments - Easton Village and starts from $882.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.