Cheap Apartments for Rent in Newton, IA from $500 (27 Rentals)

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

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.

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Newton Place Apartments
2 Bedroom Apartments

Newton Place Apartments

222 N 4th AveNewton, IA 50208
Senior Living
  • Utilities Included

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.

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Meadowbrook Apartments
1 to 3 Bedroom Apartments

Meadowbrook Apartments

1020-1026 E 12th St NNewton, IA 50208
  • Utilities Included
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Newton Apartments
Studio to 2 Bedroom Apartments

Newton Apartments

1209 W 16th St SNewton, IA 50208
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716 E 6th St S
2 Bedroom Apartments

716 E 6th St S

716 E 6th St SNewton, IA 50208
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Forest View
1 to 2 Bedroom Apartments

Forest View

1800 S 7th Ave ENewton, IA 50208
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Brookfield Apartments
2 Bedroom Apartments

Brookfield Apartments

1610-1620 W 7th St SNewton, IA 50208
  • Utilities Included
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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
  • Utilities Included

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.

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1st St South
3 Bedroom Apartments

1st St South

703-722 1st St SNewton, IA 50208
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Walnut Pointe
2 to 3 Bedroom Apartments

Walnut Pointe

1702-1798 W 4th St NNewton, IA 50208

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.

Newton, IA Local Guide

Cheapest Available Newton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Newton, IA is a 1 Bed unit found at Hotel Maytag Apartments in the Jasper County neighborhood priced from $725. Walnut Creek Apartments in the Jasper County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here is today’s list of the most affordable Newton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hotel Maytag Apartments1 bedroom A1BR,1BA$725
Walnut Creek Apartments2 BD Legacy2BR,1BA$795
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$805
Southtown ApartmentsB12BR,1BA$806
Woodland Heights3 Bed 2 Bath3BR,2BA$820
Plant 1 LoftsA31BR,1BA$991
Walnut PointeVilla3BR,1BA$1,040
Lions Gate Apartments2/22BR,2BA$1,295

Best Value Apartments for Rent in Newton, IA and Nearby

As of July 23, 2026 the best value apartment in the Newton area is the $1.70 price per square foot B3 - Loft Model at Plant 1 Lofts in the in the Jasper County neighborhood starting from $2,211. The second greatest value Newton apartment is the Villa Model at Walnut Pointe starting at $1,040 with a $1.03 price per square foot in the Jasper County neighborhood. Here is today’s list of the best values for Newton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Plant 1 LoftsB3 - Loft2BR,2BA$1.70
Walnut PointeVilla3BR,1BA$1.03
SUNDANCE NEWTON APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$1.02
Walnut Creek Apartments2 BD Legacy2BR,1BA$0.94
Southtown ApartmentsB12BR,1BA$0.95
Lions Gate Apartments2/22BR,2BA$1.53
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
Woodland Heights2 Bed 1 Bath2BR,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.

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Real 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.

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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 Newton Apartments

What is the lowest price for a Cheap Two Bedroom Newton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Newton is starting from $795 at Walnut Creek Apartments.

What is the most affordable Newton Three Bedroom Apartment?

The best deal on a cheap Newton Three Bedroom Apartment rental is at Woodland Heights and starts from $820.

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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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.

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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.

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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.

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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.