
Cheap Homes for Rent in Norwalk, IA from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Norwalk.


2905 High St
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.

1765 E Emma Ave

3422 SW 8th St
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.

3420 SW 8th St
Norwalk, IA Local Guide

How much does it cost to rent a home in Norwalk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Norwalk 2 Bedroom Homes for Rent | $1,312 | $975 | $1,895 |
| Norwalk 3 Bedroom Homes for Rent | $1,819 | $1,220 | $2,295 |
| Norwalk 4 Bedroom Homes for Rent | $2,185 | $1,750 | $2,495 |
| Norwalk 5 Bedroom Homes for Rent | $1,895 | $1,895 | $1,895 |
Browse Top Homes for Rent in Norwalk
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Norwalk, IA Local Guide
- Norwalk Neighborhoods
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Cheapest Available Norwalk Apartments for Rent and Nearby
 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 |
Best Value Apartments for Rent in Norwalk, IA and Nearby
As of June 22, 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 |
| 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 |
| Bennett Grand Woods Apartments | AB-2B1B | 2BR,1BA | $1.14 |
| 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 Norwalk
What type of rentals are currently available in Norwalk?
There are currently 62 Apartments for Rent in Norwalk, IA with pricing that ranges from $650 to $2,445. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwalk ranging from $650 to $2,495.
What is the current price range for Rental Homes in Norwalk?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Norwalk ranges from $650 to $2,495 with an average monthly rent of $1,474.
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.