Cheap Homes for Rent in Olds, IA from $500 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Olds.

property at 116 N 5th St

116 N 5th St

BurlingtonIA52601

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.

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.

Olds, IA Local Guide

Cheapest Available Olds Apartments for Rent and Nearby

 

The cheapest available apartment rental in Olds, IA is a 2 Beds unit found at Mediapolis Village priced from $495. Alice Place West Burlington in the Ginger Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here is today’s list of the most affordable Olds apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mediapolis VillageUnit 392BR,1BA$495
Alice Place West Burlington1-Bedroom ADA1BR,1BA$740
Bel Aire Apartments2 Bedroom2BR,1BA$745
Park Madison Apartments1BR/1BA1BR,1BA$750
Green Gable CottagesGreen Gable - Memorial Park Rd1BR,1BA$750

Best Value Apartments for Rent in Olds, IA and Nearby

As of September 01, 2025 the best value apartment in the Olds area is the $0.98 price per square foot Blaul Lofts - 215 Model at Blaul Lofts in the in the Ginger Ridge neighborhood starting from $1,448. The second greatest value Olds apartment is the Unit 81 Model at Fairfield Estates starting at $1,057 with a $0.84 price per square foot . Here is today’s list of the best values for Olds apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Blaul LoftsBlaul Lofts - 2152BR,1BA$0.98
Fairfield EstatesUnit 814BR,2BA$0.84
The Quarters Iowa CityC1 - 3x33BR,3BA$0.59
Churchill LoftsChurchill Lofts - 2012BR,1BA$0.93
Mediapolis VillageUnit 414BR,2BA$0.84
Westland Village2x12BR,1BA$0.89
Colorado Senior Lofts 55+Two Bedroom2BR,1BA$0.86
Orchards & Woodlands2BR/1.0BA2BR,1BA$0.87
Louden LoftsTwo Bedroom2BR,2BA$1.00
Park Madison Apartments1BR/1BA1BR,1BA$1.00

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.

decorative image of people with a giant lease agreement

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

Explore Olds, IA Rentals by Map

View Map
Olds, IA Apartments Map
View Map
Olds, IA Rental Homes Map

Frequently Asked Questions about Olds

What type of rentals are currently available in Olds?

There are currently 46 Apartments for Rent in Olds, IA with pricing that ranges from $495 to $3,300. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olds ranging from $500 to $2,900.

What is the current price range for Rental Homes in Olds?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Olds ranges from $500 to $2,900 with an average monthly rent of $1,346.

How much are larger Three and Four Bedroom Rentals in Olds?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Olds range from $695 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $2,000. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $897.

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 Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.