Cheap Apartments for Rent in Packwood, IA from $500 (47 Rentals)

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

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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Louden Lofts
Studio to 3 Bedroom Apartments

Louden Lofts

607 W Broadway AveFairfield, IA 52556
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Tisdale Apartments
2 Bedroom Apartments

Tisdale Apartments

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

Carriage Hill

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

Oakcrest

801 Oakcrest StIowa City, IA 52246
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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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Washington Apartments
1 to 3 Bedroom Apartments

Washington Apartments

539 W 4th StOttumwa, IA 52501
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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

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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Western Hills
Studio to 4 Bedroom Apartments

Western Hills

3701 2nd StCoralville, IA 52241
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Asbury Heights
1 to 4 Bedroom Apartments

Asbury Heights

1321 Asbury AveOttumwa, IA 52501
  • 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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property at 100 Grandview Ct

$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

100 Grandview Ct

Iowa CityIA52246
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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 Orchard Meadows priced from $750. Aspire at West Campus in the Coralview Heights neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $812. Here is today’s list of the most affordable Packwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Orchard MeadowsB1 Classic2BR,1BA$750
Aspire at West Campus2x2 Herky - Unfurnished2BR,2BA$812
Seville1 BR - Sublet1BR,1BA$905
1165 S Riverside DrStudio - TwinStudio,1BA$990
808 on 5thStudioStudio,1BA$995
Riverfront CrossingsStudioStudio,1BA$995
Washington Apartments2.1C 60%2BR,1BA$1,129
Brickyard Apartments2 Bed 1 Bath2BR,1BA$1,150
Willow Ridge Apartments2 Beds, 1 bath2BR,1BA$1,200
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1,250

Best Value Apartments for Rent in Packwood, IA and Nearby

As of June 17, 2026 the best value apartment in the Packwood area is the $0.88 price per square foot 4 bedroom 4 bath Model at 630 S Capitol in the in the Cottage Hill neighborhood starting from $1,365. The second greatest value Packwood apartment is the 3 bed 1 bath Model at Newton Pointe Apartments starting at $1,425 with a $1.30 price per square foot in the Cottage Hill 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.
630 S Capitol4 bedroom 4 bath4BR,4BA$0.88
Newton Pointe Apartments3 bed 1 bath3BR,1BA$1.30
The Forum At Lincoln3 bed / 2 bath3BR,2BA$1.63
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1.25
Washington Apartments2.1C 60%2BR,1BA$1.18
Orchard MeadowsB1 Partially Renovated2BR,1BA$0.90
Brickyard Apartments2 Bed 1 Bath2BR,1BA$1.44
Seville1 BR - Sublet1BR,1BA$1.34
808 on 5th424 S1BR,1BA$1.75
Riverfront CrossingsStudioStudio ,1BA$1.99

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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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.

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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 $905 at Seville.

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 $750 at Orchard Meadows.

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 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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.