Cheap Apartments for Rent in Norwalk, IA from $650 (61 Rentals)

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

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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Good Life
1 Bedroom Apartments

Good Life

1313 Wright RdNorwalk, IA 50211
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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Briarwood Grand Apartments
Rent Specials
$815 - $1,075

Total Monthly Price

Base Rent$815 - $1,075
Total Monthly Price$815 - $1,075
1 to 3 Bedroom Apartments Available Soon

Briarwood Grand Apartments

2132 Grand AveWest Des Moines, IA 50265
Affordability
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  • Customer Reviewed
  • 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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Hamlet Apartments
$955 - $1,226

Total Monthly Price

Base Rent$955 - $1,226
Total Monthly Price$955 - $1,226
1 to 3 Bedroom Apartments Available Now

Hamlet Apartments

2210 Ep True PkyWest Des Moines, IA 50265
Active Lifestyle
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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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Casady Apartments
Studio to 2 Bedroom Apartments

Casady Apartments

1910-1914 Casady DrDes Moines, IA 50315
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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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The Meadows
2 to 4 Bedroom Apartments

The Meadows

7500 Meadowlands DrDes Moines, IA 50320

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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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 Valley Acres Apartments in the Southwest Des Moines neighborhood priced from $675. McKinley Apartments in the Southwest Des Moines neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here is today’s list of the most affordable Norwalk apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$675
McKinley Apartments2BD/2BA2BR,2BA$725
Ivy IIClassic 2 bed/1 bath2BR,1BA$747
The Hampton Meadows1 Bedroom1BR,1BA$750
The Pointe on Fleur Apartments2 Bedroom Apartment-One Month Free rent Call fo...2BR,1BA$750
Wakonda VillageAdel1BR,1BA$780
Goldbriar Chateau2 Bedroom 1 Bathroom2BR,1BA$795
MelbourneB2 - 60 - Income Restricted2BR,2BA$813
Fish CreekB1 - Classic2BR,1BA$825
The Village at Grays Lake1 BR Oak1BR,1BA$835

Best Value Apartments for Rent in Norwalk, IA

As of September 15, 2026 the best value apartment in the Norwalk area is the $1.04 price per square foot 3 Bedroom - TH Model at The Meadows in the in the Somerset neighborhood starting from $1,200. The second greatest value Norwalk apartment is the 2-Bedroom Model at Fort Des Moines starting at $975 with a $0.97 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 Bedroom - TH3BR,2BA$1.04
Fort Des Moines2-Bedroom2BR,2BA$0.97
Magnolia Park2 Bed /2 Bath2BR,2BA$0.85
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
McKinley Apartments3BD/2BA3BR,2BA$0.86
Willow Bend2 Bedroom 2 Bath2BR,2BA$1.03
Goldbriar Chateau2 Bedroom 1 Bathroom2BR,1BA$0.88
The Pointe on Fleur Apartments2 Bedroom Apartment-One Month Free rent Call fo...2BR,1BA$0.85
Sunset Apartments2bd, 1ba2BR,1BA$1.03
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,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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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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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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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.

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Norwalk, IA

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

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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 $675 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 $725 at McKinley Apartments.

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 $825.

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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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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.