Cheap Apartments for Rent in Norwalk, IA from $600 (57 Rentals)

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

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Alice Place at Norwalk
Rent Specials
$650 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$650 - $1,350
Total Monthly Price
$650 - $1,350
Studio to 2 Bedroom Apartments Available Now

Alice Place at Norwalk

9310 Marketplace DrNorwalk, IA 50211
Senior Living
  • Verified
  • Utilities Included
  • Low Income

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.

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Good Life
1 Bedroom Apartments

Good Life

1313 Wright RdNorwalk, IA 50211
Senior Living
  • Utilities Included

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.

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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.

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Casady Apartments
Studio to 2 Bedroom Apartments

Casady Apartments

1910-1914 Casady DrDes Moines, IA 50315

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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McKinley Apartments
1 to 3 Bedroom Apartments

McKinley Apartments

315 E McKinley AveDes Moines, IA 50315
  • Utilities Included
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6920 SW 9th St
2 Bedroom Apartments

6920 SW 9th St

6920 SW 9th StDes Moines, IA 50315
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Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
Senior Living
  • Utilities Included
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Flats on 5th
1 to 2 Bedroom Apartments

Flats on 5th

7109 SE 5th StDes Moines, IA 50315
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The Meadows
2 to 4 Bedroom Apartments

The Meadows

7500 Meadowlands DrDes Moines, IA 50320

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 1-50, Page 1 of 2

Norwalk, IA Local Guide

Cheapest Available Norwalk Apartments for Rent

 

The cheapest available apartment rental in Norwalk, IA is a 1 Bed unit found at McKinley Apartments in the Southwest Des Moines neighborhood priced from $699. 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 Norwalk apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McKinley Apartments1BD/1BA1BR,1BA$699
Sunset ApartmentsStudio, 1 baStudio,1BA$725
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$725
The Pointe on Fleur ApartmentsOne Bedroom Available-$500 Rent Credit-Call for...1BR,1BA$725
SomersetA11BR,1BA$729
The Ridges1 Bedroom1BR,1BA$740
The Hampton Meadows1 Bedroom1BR,1BA$750
Wakonda Village and Manor Apartment HomesS1PwvStudio,1BA$750
River Oaks Apartments2 Bedroom 1 Bathroom2BR,1BA$795
Bennett Grand Woods Apartments1813-1B1B1BR,1BA$800

Best Value Apartments for Rent in Norwalk, IA

As of April 30, 2026 the best value apartment in the Norwalk area is the $0.95 price per square foot 3 Bedroom Model at The Meadows in the in the Somerset neighborhood starting from $995. The second greatest value Norwalk apartment is the fin-2r Model at Finn Apartments starting at $945 with a $0.92 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Norwalk apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Meadows3 Bedroom3BR,2BA$0.95
Finn Apartmentsfin-2r2BR,2BA$0.92
Fort Des Moines2-Bedroom2BR,2BA$0.97
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
Hamlet ApartmentsB22BR,2BA$1.07
Goldbriar Chateau2 Bedroom 1 Bathroom2BR,1BA$0.94
SunburstTwo Bedroom-One Bath2BR,1BA$1.12
McKinley Apartments1BD/1BA1BR,1BA$1.02
The Pointe on Fleur ApartmentsOne Bedroom Available-$500 Rent Credit-Call for...1BR,1BA$1.07
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.12

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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Norwalk, IA

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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 $699 at McKinley 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 $775 at Sunset Apartments.

What is the most affordable Norwalk Three Bedroom Apartment?

The best deal on a cheap Norwalk Three Bedroom Apartment rental is at The Meadows and starts from $995.

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

decorative image for A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa article

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.