Cheap Homes for Rent in Ottumwa, IA from $500 (8 Rentals)

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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 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. Hunters Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. 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
Hunters RunA11BR,1BA$550
Northern Plains by KadingCottage - 22BR,1BA$695

Best Value Apartments for Rent in Ottumwa, IA and Nearby

As of August 28, 2025 the best value apartment in the Ottumwa area is the $0.84 price per square foot Unit 81 Model at Fairfield Estates in the starting from $1,057. The second greatest value Ottumwa apartment is the 2 Bedroom 1 Bathroom Model at THE ARBORS APARTMENTS starting at $825 with a $0.83 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.
Fairfield EstatesUnit 814BR,2BA$0.84
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.83
103 W Golf Ave, Unit 103103 W Golf Ave2BR,1.5BA$1.04
Hunters RunB22BR,1BA$0.82
Northern Plains by KadingCottage - 22BR,1BA$0.83
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$0.97
Louden LoftsTwo Bedroom2BR,2BA$1.00
Woodland Heights2 Bed 1 Bath2BR,1BA$1.00
107 Ottumwa St, Unit 107.5107 Ottumwa St2BR,1BA$0.90
The Reserves at South Lake1B1B1BR,1BA$0.61

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Location, Location, Location!

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Ottumwa, IA Area Reviews

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Rexanna4+ 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 Ottumwa

What type of rentals are currently available in Ottumwa?

There are currently 64 Apartments for Rent in Ottumwa, IA with pricing that ranges from $536 to $3,193. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ottumwa ranging from $560 to $3,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ottumwa ranges from $560 to $3,500 with an average monthly rent of $1,586.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ottumwa range from $536 to $1,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $999 to $2,100. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $1,057.

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.

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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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

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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.