
Cheap Apartments for Rent in Norwalk, IA from $600 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Norwalk.


Sunset Apartments

Fish Creek

Norwalk Meadows

High Pointe

Norwalk 55+ Living (IOWA)

Norwalk Park Apartments

Norwalk Park Apartments

Good Life
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.

Country View Apartments

Valley Acres Apartments

The Pointe on Fleur Apartments

The Ridges

Ivy II

The Hampton Meadows

Melbourne

Wakonda Village Apartments and Manor

River Oaks 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.

Magnolia Park

Sunburst

Total Monthly Price
Briarwood Grand Apartments

Willow Bend

The Oaks

Elmcrest

Weston Park Apartments

Deer Ridge

Somerset
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.

Eastwood on Grand

Magnolia Manor Apartments and Townhomes

The Village at Grays Lake

Bennett Grand Woods Apartments

Total Monthly Price
Hamlet Apartments

Park Avenue by Broadmoor

3721 Cottage Grove Ave

Southern Park Apartments

Casady Apartments
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.

Bell Terrace Apartments

6920 SW 9th St

3903 University Ave

McKinley Apartments

Southridge Senior Lofts

Grand Avenue Apartments

The Meadows

2905 High St

Brookside Apartments
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.

Stanton Apartments

1308 Emma Ave

3420 SW 8th St

3422 SW 8th St
Norwalk, IA Local Guide

How much does it cost to rent an apartment in Norwalk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Norwalk Studio Apartments | $784 | $650 | $1,075 |
| Cheap Norwalk 1 Bedroom Apartments | $1,030 | $650 | $1,773 |
| Cheap Norwalk 2 Bedroom Apartments | $1,119 | $747 | $2,123 |
| Cheap Norwalk 3 Bedroom Apartments | $1,886 | $1,075 | $2,461 |
Browse Top Apartments in Norwalk
See all Apartments in NorwalkExplore Norwalk
Norwalk, IA Local Guide
- Norwalk Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Norwalk Apartments for Rent
 The cheapest available apartment rental in Norwalk, IA is a 1 Bed unit found at Valley Acres Apartments in the Southwest Des Moines neighborhood priced from $650. The Pointe on Fleur Apartments in the Southwest Des Moines neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Norwalk apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $650 |
| The Pointe on Fleur Apartments | Up to 2 Months Free Rent Call Today! | 1BR,1BA | $675 |
| Sunset Apartments | Studio, 1 ba | Studio,1BA | $725 |
| The Ridges | 1 Bedroom | 1BR,1BA | $740 |
| Ivy II | Classic 2 bed/1 bath | 2BR,1BA | $747 |
| The Hampton Meadows | 1 Bedroom | 1BR,1BA | $750 |
| Wakonda Village Apartments and Manor | S1Pwv | Studio,1BA | $765 |
| River Oaks Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $775 |
| McKinley Apartments | McKinley Apartments - LIMITED TIME SPECIAL PRIC... | 2BR,2BA | $785 |
| Briarwood Grand Apartments | 1 Bed, 1 bath | 1BR,1BA | $810 |
Best Value Apartments for Rent in Norwalk, IA
As of June 16, 2026 the best value apartment in the Norwalk area is the $1.10 price per square foot Montecristo Townhome Model at Callaway at Holland Pointe in the in the Prairie View neighborhood starting from $2,395. The second greatest value Norwalk 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 Norwalk apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Callaway at Holland Pointe | Montecristo Townhome | 3BR,3BA | $1.10 |
| The Meadows | 3 Bedroom | 3BR,2BA | $0.95 |
| Finn Apartments | fin-2p | 2BR,2BA | $1.11 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Magnolia Manor Apartments and Townhomes | 2 Bedroom | 2BR,1BA | $0.93 |
| McKinley Apartments | 3BD/1.5BA | 3BR,1.5BA | $0.94 |
| Willow Bend | 2 Bedroom | 1BR,1BA | $1.07 |
| Ivy II | Classic 2 bed/1 bath | 2BR,1BA | $1.00 |
| The Pointe on Fleur Apartments | Up to 2 Months Free Rent Call Today! | 1BR,1BA | $0.99 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.00 |
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 Norwalk, IA
Lakewood Elementary School
Norwalk Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Norwalk, IA Rentals by Map
See the most popular apartments and homes in Norwalk, IA
Frequently Asked Questions about Cheap Norwalk Apartments
How much is rent for a Cheap One Bedroom Norwalk Apartment?
The lowest price for a Cheap One Bedroom Norwalk Apartment is $650 at Valley Acres Apartments.
What is the lowest price for a Cheap Two Bedroom Norwalk Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Norwalk is starting from $747 at Ivy II.
What is the most affordable Norwalk Three Bedroom Apartment?
The best deal on a cheap Norwalk Three Bedroom Apartment rental is at McKinley Apartments and starts from $895.
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

A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa
Written by: Joseph Isenberg
I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.

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.