Cheap Apartments for Rent in Ottumwa, IA from $400 (65 Rentals)

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

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Prairie Townhomes
1 to 4 Bedroom Apartments

Prairie Townhomes

1800 Schworm StOttumwa, IA 52501
  • Utilities Included
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Asbury Heights
1 to 4 Bedroom Apartments

Asbury Heights

1321 Asbury AveOttumwa, IA 52501
  • 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.

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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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Nemitz Hall
$1,095
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$1,095
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$1,095
2 Bedroom Apartments Contact Us For Availability

Nemitz Hall

605 N Adams StMount Pleasant, IA 52641
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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.

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Stella Townhomes
1 to 4 Bedroom Apartments

Stella Townhomes

1236 Bliss StreetGrinnell, IA 50112
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17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard StColfax, IA 50054
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110 N Maple St
2 Bedroom Apartments

110 N Maple St

110 N Maple StColfax, IA 50054
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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

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

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.

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Walnut Pointe
2 to 3 Bedroom Apartments

Walnut Pointe

1702-1798 W 4th St NNewton, IA 50208

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.

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Ottumwa, IA Local Guide

Cheapest Available Ottumwa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ottumwa, IA is a 2 Beds unit found at Courtyard Apartments priced from $650. MAPLE PLACE APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $665. Here is today’s list of the most affordable Ottumwa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Courtyard ApartmentsB12BR,1BA$650
MAPLE PLACE APARTMENTS1 Bed 1 Bath1BR,1BA$665
Tisdale Apartments2 Bedroom2BR,1BA$720
Hotel Maytag Apartments1 bedroom A1BR,1BA$725
Newton Park Apartments1BR - 30% Gross Income1BR,1BA$742
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$805
Woodland Heights3 Bed 2 Bath3BR,2BA$820
Walnut Creek Apartments2 BD Legacy2BR,1BA$850
Orchard MeadowsB1 Partially Renovated2BR,1BA$850
Prairie Meadows ApartmentsA1 Classic1BR,1BA$875

Best Value Apartments for Rent in Ottumwa, IA and Nearby

As of April 28, 2026 the best value apartment in the Ottumwa area is the $0.80 price per square foot Cottage - 3 Model at Northern Plains by Kading in the starting from $985. The second greatest value Ottumwa apartment is the 2.1C 60% Model at Washington Apartments starting at $1,101 with a $1.15 price per square foot . 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.
Northern Plains by KadingCottage - 33BR,2BA$0.80
Washington Apartments2.1C 60%2BR,1BA$1.15
SUNDANCE NEWTON APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$1.02
Orchard MeadowsB1 Partially Renovated2BR,1BA$0.96
Walnut Creek Apartments2 BD Legacy2BR,1BA$1.00
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
Woodland Heights2 Bed 1 Bath2BR,1BA$1.04
Tisdale Apartments2 Bedroom2BR,1BA$1.03
Courtyard ApartmentsB12BR,1BA$1.00
MAPLE PLACE APARTMENTS1 Bed 1 Bath1BR,1BA$1.11

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Ottumwa, IA

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Ottumwa, IA Area Reviews

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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 $665 at MAPLE PLACE APARTMENTS.

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 $650 at Courtyard Apartments.

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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.