
Cheap Homes for Rent in Palo, IA from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Palo.


325 Clymer Rd

116 Harbet Ave NW

1207 O Ave Pl NE

124 10th St SW
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.

900 Terry Ave

940 Eisenhower Rd

110 Harbet Ave NW

846 25th St NE

5016 1st Ave NW
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.

826 Center Point Rd NE

6430 Creekside Dr NE

1215 2nd Ave SE

228 14th St NE

1200 Center St NE
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.
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 | $923 | $700 | $1,175 |
Palo 3 Bedroom Homes for Rent | $1,494 | $975 | $2,250 |
Palo 4 Bedroom Homes for Rent | $1,451 | $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 The Pointe at Cedar Rapids in the Kenwood Park neighborhood priced from $543. Cedar Ridge Apartments in the Usher's Ferry Historic Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $545. Here is today’s list of the most affordable Palo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Pointe at Cedar Rapids | Stonewood 1 bedroom | 1BR,1BA | $543 |
Cedar Ridge Apartments | 1 bedroom | 1BR,1BA | $545 |
Shamrock Apartments | Shamrock small 1 bedroom | 1BR,1BA | $555 |
Apache Park | 1 Bedroom | 1BR,1BA | $595 |
Woodcrest Apartments | 1BR/1BA | 1BR,1BA | $600 |
Best Value Apartments for Rent in Palo, IA and Nearby
As of July 14, 2025 the best value apartment in the Palo area is the $0.98 price per square foot Two Bedroom, One Bath Model at Cambridge Townhomes in the in the Usher's Ferry Historic Village neighborhood starting from $895. The second greatest value Palo apartment is the 2 Bedroom Model at Raintree Apartments starting at $885 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cambridge Townhomes | Two Bedroom, One Bath | 2BR,1BA | $0.98 |
Raintree Apartments | 2 Bedroom | 2BR,1BA | $0.98 |
Cedar Trail Village | Two Bedroom with Balcony/Patio | 2BR,1BA | $1.02 |
Blair Ridge | 2bed/1bath patio | 2BR,1BA | $1.03 |
St. Andrews Apartments | 1x1 | 1BR,1BA | $0.99 |
Shamrock Apartments | Arrowridge small 2 bedroom | 2BR,1BA | $1.05 |
3200-3201 G Ave NW | 1 BR / 1 BA W Office | 2BR,1BA | $1.05 |
Cedar Ridge Apartments | 1 bedroom | 1BR,1BA | $0.91 |
Apache Park | 1 Bedroom | 1BR,1BA | $0.99 |
Forest Ridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.07 |
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 41 Apartments for Rent in Palo, IA with pricing that ranges from $543 to $2,744. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palo ranging from $625 to $2,250.
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 $625 to $2,250 with an average monthly rent of $1,156.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.