Cheap Apartments for Rent in Norwalk, IA from $500 (38 Rentals)

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Alice Place at Norwalk
Studio to 2 Bedroom Apartments

Alice Place at Norwalk

9310 Marketplace DrNorwalk, IA 50211
Senior Living
  • Utilities Included
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Good Life
1 Bedroom Apartments

Good Life

1313 Wright RdNorwalk, IA 50211
Senior Living
  • Utilities Included

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.

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.

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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Casady Apartments
1 to 2 Bedroom Apartments

Casady Apartments

1910-1914 Casady DrDes Moines, IA 50315
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Bell Terrace
1 Bedroom Apartments

Bell Terrace

2701 SW 23rd StDes Moines, IA 50321
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Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
  • Utilities Included
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Iowa G21 LLC
2 Bedroom Apartments

Iowa G21 LLC

2100 Grand AveWest Des Moines, IA 50265
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Iowa Stanton LLC
1 to 2 Bedroom Apartments

Iowa Stanton LLC

2200 Stanton AveDes Moines, IA 50321
  • Utilities Included

Norwalk, IA Local Guide

Cheapest Available Norwalk Apartments for Rent and Nearby

 

The cheapest available apartment rental in Norwalk, IA is a 1 Bed unit found at Melbourne in the Southeast Des Moines neighborhood priced from $545. The Pointe on Fleur in the Southwest Des Moines neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $685. Here is today’s list of the most affordable Norwalk apartments for rent:

Apartment ListingModel NameBed/BathPriced From
MelbourneA1 - 40 - Income Restricted1BR,1BA$545
The Pointe on Fleur1x11BR,1BA$685
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$725
Goldbriar Chateau1 Bedroom 1 Bathroom1BR,1BA$750
The RidgesA1 - Renovated1BR,1BA$785
SomersetB12BR,1BA$793
The Meadows2 Bedroom2BR,1BA$795
Willow Bend1 Bedroom1BR,1BA$810
Briarwood Grand Apartments1 Bed, 1 bath1BR,1BA$810
Finn ApartmentsFinn - 1bed - classic1BR,1BA$825

Best Value Apartments for Rent in Norwalk, IA and Nearby

As of June 10, 2025 the best value apartment in the Norwalk area is the $0.91 price per square foot 3 Bedroom Model at The Meadows in the in the Somerset neighborhood starting from $950. The second greatest value Norwalk apartment is the 2 Bedroom Model at Magnolia Manor Apartments and Townhomes starting at $850 with a $0.89 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$0.91
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.89
Cedarbrooke PlaceB12BR,2BA$1.09
McKinley Apartments2BD/2BA2BR,2BA$0.93
608 Knoll Dr, Unit 4608 Knoll Dr2BR,1BA$0.94
SomersetB32BR,1BA$1.06
SunburstTwo Bedroom-One Bath2BR,1BA$1.11
Willow Bend1 Bedroom1BR,1BA$1.13
The Pointe on Fleur1x11BR,1BA$1.01
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.12

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Norwalk, IA Rentals by Map

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Getting Around Norwalk, IA

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 $545 at Melbourne.

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 $639 at Melbourne.

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 $950.

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 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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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.