
Cheap Apartments for Rent in Norwalk, IA from $500 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Norwalk.


Fish Creek
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 Pointe on Fleur

Valley Acres Apartments

The Hampton Meadows

Goldbriar Chateau

The Ridges
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.

Briarwood Grand Apartments

River Oaks Apartments

BNL Investments

Magnolia Manor Apartments and Townhomes

Eastwood on Grand
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.

Bennett Grand Woods Apartments

Wakonda Village and Manor Apartment Homes

McKinley Apartments

3721 Cottage Grove Ave
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.

1919 Pleasant St
Norwalk, IA Local Guide

How much does it cost to rent an apartment in Norwalk?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Norwalk Studio Apartments | $892 | $745 | $980 |
Norwalk 1 Bedroom Apartments | $900 | $545 | $1,400 |
Norwalk 2 Bedroom Apartments | $1,002 | $639 | $1,820 |
Norwalk 3 Bedroom Apartments | $1,397 | $950 | $3,600 |
Norwalk 4 Bedroom Apartments | $2,025 | $1,200 | $2,850 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Melbourne | A1 - 40 - Income Restricted | 1BR,1BA | $545 |
The Pointe on Fleur | 1x1 | 1BR,1BA | $685 |
Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $725 |
Goldbriar Chateau | 1 Bedroom 1 Bathroom | 1BR,1BA | $750 |
The Ridges | A1 - Renovated | 1BR,1BA | $785 |
Somerset | B1 | 2BR,1BA | $793 |
The Meadows | 2 Bedroom | 2BR,1BA | $795 |
Willow Bend | 1 Bedroom | 1BR,1BA | $810 |
Briarwood Grand Apartments | 1 Bed, 1 bath | 1BR,1BA | $810 |
Finn Apartments | Finn - 1bed - classic | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Meadows | 3 Bedroom | 3BR,2BA | $0.91 |
Magnolia Manor Apartments and Townhomes | 2 Bedroom | 2BR,1BA | $0.89 |
Cedarbrooke Place | B1 | 2BR,2BA | $1.09 |
McKinley Apartments | 2BD/2BA | 2BR,2BA | $0.93 |
608 Knoll Dr, Unit 4 | 608 Knoll Dr | 2BR,1BA | $0.94 |
Somerset | B3 | 2BR,1BA | $1.06 |
Sunburst | Two Bedroom-One Bath | 2BR,1BA | $1.11 |
Willow Bend | 1 Bedroom | 1BR,1BA | $1.13 |
The Pointe on Fleur | 1x1 | 1BR,1BA | $1.01 |
Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.12 |
Quick 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
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.