Cheap Apartments for Rent near Packwood, IA from $500 (35 Rentals)

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

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Aspire at West Campus
Rent Specials
$836 - $1,672
Total Monthly Price

Total Monthly Price

Base Rent
$836 - $1,672
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Aug 14

Aspire at West Campus

158 Hawkeye CtIowa City, IA 52246
Student Housing
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  • 3D Tour

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.

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Louden Lofts
Studio to 3 Bedroom Apartments

Louden Lofts

607 W Broadway AveFairfield, IA 52556
  • Utilities Included

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.

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Washington Apartments
1 to 3 Bedroom Apartments

Washington Apartments

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

Tisdale Apartments

232 E 4th StOttumwa, IA 52501
  • Utilities Included
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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
  • Utilities Included
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Oakcrest
1 to 2 Bedroom Apartments

Oakcrest

801 Oakcrest StIowa City, IA 52246
  • Utilities Included

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.

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1165 S Riverside Dr
Studio to 3 Bedroom Apartments

1165 S Riverside Dr

1165 S Riverside DrIowa City, IA 52246
Student Housing
  • 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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Fairfield Estates
2 to 4 Bedroom Apartments

Fairfield Estates

200 N 28th StFairfield, IA 52556
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The Overlook
1 to 2 Bedroom Apartments

The Overlook

3155 Shire LnIowa City, IA 52240
  • Utilities Included
Showing Results 1-35, Page 1 of 1

Packwood, IA Local Guide

Cheapest Available Packwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Packwood, IA is a 2 Beds unit found at Washington Apartments priced from $706. Sycamore Apartments in the Fair Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Packwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Washington Apartments2.1A 40%2BR,1BA$706
Sycamore ApartmentsOne Bedroom Units1BR,1BA$925
808 on 5thStudioStudio,1BA$995
Riverfront CrossingsStudioStudio,1BA$995
Nemitz Hall2 Bedroom2BR,2BA$1,095
Riverview WestStudioStudio,1BA$1,150
Brickyard Apartments2 Bed 1 Bath2BR,1BA$1,150
Willow Ridge Apartments2 Beds, 1 bath2BR,1BA$1,200
IA City LoftsFirst Floor UnitsStudio,1BA$1,300
1032 Newton Rd21BR,1BA$1,400

Best Value Apartments for Rent in Packwood, IA and Nearby

As of August 02, 2026 the best value apartment in the Packwood area is the $1.48 price per square foot 3 Bedroom Model at Riverview West in the in the Cottage Hill neighborhood starting from $2,170. The second greatest value Packwood apartment is the 2 Bedroom Model at Nemitz Hall starting at $1,095 with a $0.76 price per square foot in the Threshers Meadows neighborhood. Here is today’s list of the best values for Packwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverview West3 Bedroom3BR,2BA$1.48
Nemitz Hall2 Bedroom2BR,2BA$0.76
The Forum At Lincoln3 bed / 2 bath3BR,2BA$1.63
Brickyard Apartments2 Bed 1 Bath2BR,1BA$1.44
1032 Newton Rd21BR,1BA$2.03
808 on 5th424 S1BR,1BA$1.75
Washington Apartments1.1C 60%1BR,1BA$1.47
IA City LoftsFirst Floor UnitsStudio ,1BA$2.23
Riverfront CrossingsStudioStudio ,1BA$1.99
Sycamore ApartmentsOne Bedroom Units1BR,1BA$2.20

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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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.

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

Explore Packwood, IA Rentals by Map

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See the most popular apartments and homes in Packwood, IA

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Frequently Asked Questions about Cheap Packwood Apartments

What is the Cheapest Studio apartment in Packwood?

Currently the most affordable Cheap Studio Apartment in Packwood is at 1165 S Riverside Dr listed at $990.

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

The lowest price for a Cheap One Bedroom Packwood Apartment is $925 at Sycamore Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Packwood is starting from $706 at Washington Apartments.

What is the most affordable Packwood Three Bedroom Apartment?

The best deal on a cheap Packwood Three Bedroom Apartment rental is at Washington Apartments and starts from $1,295.

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 First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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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.