Cheap Homes for Rent in Palo, IA from $500 (9 Rentals)

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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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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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Palo, IA Local Guide

Cheapest Available Palo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palo, IA is a 1 Bed unit found at The Pointe at Cedar Rapids in the Kenwood Park neighborhood priced from $543. Shamrock Apartments in the Usher's Ferry Historic Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $555. Here is today’s list of the most affordable Palo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Pointe at Cedar RapidsStonewood 1 bedroom1BR,1BA$543
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$555
2055 Blairs Ferry Rd NE1 bedroom1BR,1BA$595

Best Value Apartments for Rent in Palo, IA and Nearby

As of October 31, 2025 the best value apartment in the Palo area is the $1.05 price per square foot 1 Bedroom / 1 Bathroom Model at Cedar River Bluffs Apartments in the in the Usher's Ferry Historic Village neighborhood starting from $995. The second greatest value Palo apartment is the Two Bedroom, One Bath Model at Cambridge Townhomes starting at $895 with a $0.98 price per square foot in the Usher's Ferry Historic Village neighborhood. Here is today’s list of the best values for Palo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar River Bluffs Apartments1 Bedroom / 1 Bathroom1BR,1BA$1.05
Cambridge TownhomesTwo Bedroom, One Bath2BR,1BA$0.98
Cedar Trail VillageTwo Bedroom ground with out patio2BR,1BA$1.03
Blair Ridge2bed/1bath patio2BR,1BA$1.03
Overlook 3802 Bedroom2BR,1BA$0.95
The Malory Apartments2BR/1.5BA2BR,1.5BA$1.01
2055 Blairs Ferry Rd NE1 bedroom1BR,1BA$0.70
St. Andrews Apartments1x11BR,1BA$0.99
Shamrock ApartmentsArrowridge small 2 bedroom2BR,1BA$1.05
Apache Park1 Bedroom1BR,1BA$0.99

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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

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Frequently Asked Questions about Palo

What type of rentals are currently available in Palo?

There are currently 45 Apartments for Rent in Palo, IA with pricing that ranges from $543 to $1,810. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palo ranging from $500 to $1,725.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palo ranges from $500 to $1,725 with an average monthly rent of $1,050.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.