
Cheap Homes for Rent in Packwood, IA from $800 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Packwood.


633 Walnut St

2635 Westwinds Dr

415 S Van Buren St

1054 Newton Rd
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.

1632 5th St

205 5th St

504 2nd Ave

532 S Dubuque St

708 Westwinds Dr
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.

719 Westwinds Dr

734 Westwinds Dr

728 Westwinds Dr

2620 Westwinds Dr

521 Kirkwood Ave
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.

500 Grandview Ct

100 Grandview Ct
Packwood, IA Local Guide

How much does it cost to rent a home in Packwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Packwood 2 Bedroom Homes for Rent | $1,225 | $1,050 | $1,800 |
| Packwood 3 Bedroom Homes for Rent | $1,800 | $800 | $2,650 |
| Packwood 4 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
| Packwood 5 Bedroom Homes for Rent | $2,625 | $2,375 | $3,000 |
Browse Top Homes for Rent in Packwood
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Packwood, IA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Orchard Meadows | B1 Classic | 2BR,1BA | $750 |
| Aspire at West Campus | 2x2 Herky - Unfurnished | 2BR,2BA | $812 |
| Seville | 1 BR - Sublet | 1BR,1BA | $905 |
| 1165 S Riverside Dr | Studio - Twin | Studio,1BA | $990 |
| 808 on 5th | Studio | Studio,1BA | $995 |
Best Value Apartments for Rent in Packwood, IA and Nearby
As of June 18, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 630 S Capitol | 4 bedroom 4 bath | 4BR,4BA | $0.88 |
| Newton Pointe Apartments | 3 bed 1 bath | 3BR,1BA | $1.30 |
| The Forum At Lincoln | 3 bed / 2 bath | 3BR,2BA | $1.63 |
| 926 Harlocke St (IC) | 2 BR/1 BA | 2BR,1BA | $1.25 |
| Washington Apartments | 2.1C 60% | 2BR,1BA | $1.18 |
| Orchard Meadows | B1 Partially Renovated | 2BR,1BA | $0.90 |
| Brickyard Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.44 |
| Seville | 1 BR - Sublet | 1BR,1BA | $1.34 |
| 808 on 5th | 424 S | 1BR,1BA | $1.75 |
| Riverfront Crossings | Studio | Studio ,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.
Read ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Packwood
What type of rentals are currently available in Packwood?
There are currently 49 Apartments for Rent in Packwood, IA with pricing that ranges from $580 to $3,300. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Packwood ranging from $800 to $5,000.
What is the current price range for Rental Homes in Packwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Packwood ranges from $800 to $5,000 with an average monthly rent of $2,435.
How much are larger Three and Four Bedroom Rentals in Packwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Packwood range from $870 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,650. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $1,790.
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

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.

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.

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.

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.