Cheap Apartments for Rent in Ottumwa, IA from $300 (52 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
211 E 2nd St, Unit 203
$1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100
2 Bedroom Apartment Available Aug 1

211 E 2nd St, Unit 203

211 E 2nd StOttumwa, IA 52501
  • Smoke Free
close
View Me
Prairie Townhomes
1 to 4 Bedroom Apartments

Prairie Townhomes

1800 Schworm StOttumwa, IA 52501
  • Utilities Included
close
View Me
Washington Apartments
1 to 3 Bedroom Apartments

Washington Apartments

539 W 4th StOttumwa, IA 52501
  • Utilities Included
close
View Me
Tisdale Apartments
2 Bedroom Apartments

Tisdale Apartments

232 E 4th StOttumwa, IA 52501
  • Utilities Included

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Stella Townhomes
1 to 4 Bedroom Apartments

Stella Townhomes

1236 Bliss StreetGrinnell, IA 50112
  • Utilities Included
close
View Me
17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard StColfax, IA 50054
  • Utilities Included
close
View Me
Louden Lofts
Studio to 3 Bedroom Apartments

Louden Lofts

607 W Broadway AveFairfield, IA 52556
  • Utilities Included
close
View Me
1833 Curtis Ave
1 to 2 Bedroom Apartments

1833 Curtis Ave

1833 Curtis AveChariton, IA 50049
Corporate Housing
  • Utilities Included
close
View Me
Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
  • Utilities Included

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.

Read Article
close
View Me
Walnut Pointe
2 to 3 Bedroom Apartments

Walnut Pointe

1702-1798 W 4th St NNewton, IA 50208
close
View Me
Fairfield Estates
2 to 4 Bedroom Apartments

Fairfield Estates

200 N 28th StFairfield, IA 52556

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.

Read Article
Showing Results 1-50, Page 1 of 2

Ottumwa, IA Local Guide

Cheapest Available Ottumwa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ottumwa, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. Centerville Senior Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Ottumwa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserves at South Lake1B1B1BR,1BA$395
Centerville Senior LoftsThe Dublin2BR,1BA$600
110 N Maple St2-bedroom2BR,1BA$700
Washington Apartments2.1A 40%2BR,1BA$706
Hotel Maytag Apartments1 bedroom A1BR,1BA$725
Walnut Creek Apartments2 BD Legacy2BR,1BA$795
Northern Plains by KadingCottage - 22BR,1BA$795
Orchard MeadowsB1 Partially Renovated2BR,1BA$795
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$805

Best Value Apartments for Rent in Ottumwa, IA and Nearby

As of July 28, 2026 the best value apartment in the Ottumwa area is the $0.76 price per square foot 2 Bedroom Model at Nemitz Hall in the in the Threshers Meadows neighborhood starting from $1,095. The second greatest value Ottumwa apartment is the 2 Bedroom 1 Bathroom - Large Model at THE ARBORS APARTMENTS starting at $859 with a $0.78 price per square foot in the East Gate Estates neighborhood. Here is today’s list of the best values for Ottumwa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nemitz Hall2 Bedroom2BR,2BA$0.76
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom - Large2BR,1BA$0.78
Centerville Senior LoftsThe Dearborn2BR,1BA$0.83
Orchard MeadowsB1 Partially Renovated2BR,1BA$0.90
Southtown ApartmentsB12BR,1BA$0.95
Walnut Creek Apartments2 BD Legacy2BR,1BA$0.94
Northern Plains by KadingCottage - 22BR,1BA$0.94
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
110 N Maple St2-bedroom2BR,1BA$0.88
The Reserves at South Lake1B1B1BR,1BA$0.61

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 Article
Decorative image

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.

Read Article
Decorative image

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

Best Local Schools in
Ottumwa, IA

School data provided by Great Schools

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

Explore Ottumwa, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Ottumwa, IA

View Map
Ottumwa, IA Apartments Map
View Map
Ottumwa, IA Rental Homes Map

Ottumwa, IA Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Cost of Living
  • Safety

Rexanna • 4+ years in Ottumwa

February 25, 2025

Not much to choose from by way of restaurants unless you prefer fast food. Not much for teenagers to do for entertainment or anyone no matter what your age. Ottumwa roads will destroy your vehicle. Unfortunately our city is more interested in installing roundabouts and building grade schools. There is not much by way shopping here unless you like to shop at Walmart. Doesn't look like there is anything coming in the near future. We do have some lower paying jobs, very few decent paying jobs. Ottumwa could be a pretty decent place to live in if we'd get some new people running it, that care about Ottumwa instead of their own agenda. And last, get rid of the ban on certain breeds of dogs. This was obviously drafted by people who are ignorant on the breed and make decisions on "hype " and "hysteria" instead of learning the true facts about pitbull's. Ban stupid people not the breed! Ottumwa has a lot of learning and growing to do.

Frequently Asked Questions about Cheap Ottumwa Apartments

How much is rent for a Cheap One Bedroom Ottumwa Apartment?

The lowest price for a Cheap One Bedroom Ottumwa Apartment is $395 at The Reserves at South Lake.

What is the lowest price for a Cheap Two Bedroom Ottumwa Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ottumwa is starting from $470 at The Reserves at South Lake.

What is the most affordable Ottumwa Three Bedroom Apartment?

The best deal on a cheap Ottumwa Three Bedroom Apartment rental is at Woodland Heights and starts from $820.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.