
Cheap Homes for Rent in Palo, IA from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Palo.


921 Emmons St

941 Emmons St

325 Clymer Rd

420 Water St

1210 Robins Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

74 Northwood Dr

2912 Johnson Ave NW

116 Harbet Ave NW
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

900 Terry Ave

124 10th St SW

6430 Creekside Dr NE

1051 Daniels St NE
Palo, IA Local Guide

How much does it cost to rent a home in Palo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palo 2 Bedroom Homes for Rent | $977 | $695 | $1,665 |
Palo 3 Bedroom Homes for Rent | $1,580 | $1,295 | $1,995 |
Palo 4 Bedroom Homes for Rent | $1,475 | $1,300 | $1,600 |
Browse Top Homes for Rent in Palo
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Palo, IA Local Guide
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Cheapest Available Palo Apartments for Rent and Nearby
 The cheapest available apartment rental in Palo, IA is a 1 Bed unit found at Shamrock Apartments in the Young's Hill neighborhood priced from $555. Apache Park in the Young's Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Palo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Shamrock Apartments | Shamrock small 1 bedroom | 1BR,1BA | $555 |
Apache Park | 1 Bedroom | 1BR,1BA | $595 |
Woodcrest Apartments | 1BR/1BA | 1BR,1BA | $600 |
Forest Ridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $625 |
The Pointe at Cedar Rapids | Stonewood 1 bedroom | 1BR,1BA | $643 |
Best Value Apartments for Rent in Palo, IA and Nearby
As of May 23, 2025 the best value apartment in the Palo area is the $0.96 price per square foot The Heron Model at Pheasant Run Apartments in the in the Usher's Ferry Historic Village neighborhood starting from $965. The second greatest value Palo apartment is the 2x1 Model at St. Andrews Apartments starting at $906 with a $0.95 price per square foot in the Kenwood Park neighborhood. Here is today’s list of the best values for Palo apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pheasant Run Apartments | The Heron | 2BR,2BA | $0.96 |
St. Andrews Apartments | 2x1 | 2BR,1BA | $0.95 |
Cypress Pointe | 2 Beds 1 Bath | 2BR,1BA | $1.03 |
Cambridge Townhomes | Two Bedroom, One Bath | 2BR,1BA | $0.96 |
Crestwood Ridge Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.76 |
Raintree Apartments | 2 Bedroom | 2BR,1BA | $0.98 |
Cedar Trail Village | Two Bedroom with Balcony/Patio | 2BR,1BA | $1.02 |
Blair Ridge | 2 Beds 1 Bath | 2BR,1BA | $1.03 |
Northview Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.04 |
Apache Park | 1 Bedroom | 1BR,1BA | $0.99 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Palo
What type of rentals are currently available in Palo?
There are currently 40 Apartments for Rent in Palo, IA with pricing that ranges from $555 to $97,500. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palo ranging from $500 to $1,995.
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 $1,995 with an average monthly rent of $1,037.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.