Cheap Apartments for Rent near Parnell, IA from $600 (37 Rentals)

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

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Aspire at West Campus
Rent Specials
$836 - $1,672
Total Monthly Price

Total Monthly Price

Base Rent
$836 - $1,672
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Aug 14

Aspire at West Campus

158 Hawkeye CtIowa City, IA 52246
Student Housing
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  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Oakcrest
1 to 2 Bedroom Apartments

Oakcrest

801 Oakcrest StIowa City, IA 52246
  • 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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2870 Coral Ct
2 Bedroom Apartments

2870 Coral Ct

2870 Coral CtCoralville, IA 52241
  • Utilities Included
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Western Hills
Studio to 4 Bedroom Apartments

Western Hills

3701 2nd StCoralville, IA 52241

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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Showing Results 1-37, Page 1 of 1

Parnell, IA Local Guide

Cheapest Available Parnell Apartments for Rent and Nearby

 

The cheapest available apartment rental in Parnell, IA is a Studio unit found at Lakewood Hills Apartments in the Old Mill Creek neighborhood priced from $695. Liberty Housing in the Old Mill Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Parnell apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood Hills ApartmentsStudioStudio,1BA$695
Liberty Housing1BR/1.0BA1BR,1BA$875
808 on 5thStudioStudio,1BA$995
Willow Ridge Apartments2 Beds, 1 bath2BR,1BA$1,200
1032 Newton Rd21BR,1BA$1,400
Penn Street Place2 Bedroom2BR,2BA$1,500
965 FlatsA4 +Den1BR,1BA$1,580
The HawthorneG3BR,2BA$1,800

Best Value Apartments for Rent in Parnell, IA and Nearby

As of August 07, 2026 the best value apartment in the Parnell area is the $1.44 price per square foot G Model at The Hawthorne in the in the The Pond's Edge neighborhood starting from $1,800. The second greatest value Parnell apartment is the Corner Windows Model at Penn Street Place starting at $1,700 with a $1.80 price per square foot in the Old Mill Creek neighborhood. Here is today’s list of the best values for Parnell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The HawthorneG3BR,2BA$1.44
Penn Street PlaceCorner Windows2BR,2BA$1.80
965 FlatsA4 +Den1BR,1BA$1.71
1032 Newton Rd21BR,1BA$2.03
808 on 5th424 S1BR,1BA$1.75
Liberty Housing1BR/1.0BA1BR,1BA$1.40
Lakewood Hills ApartmentsStudio GoldStudio ,1BA$2.45

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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Frequently Asked Questions about Cheap Parnell Apartments

What is the Cheapest Studio apartment in Parnell?

Currently the most affordable Cheap Studio Apartment in Parnell is at Lakewood Hills Apartments listed at $695.

How much is rent for a Cheap One Bedroom Parnell Apartment?

The lowest price for a Cheap One Bedroom Parnell Apartment is $845 at Lakewood Hills Apartments.

What is the lowest price for a Cheap Two Bedroom Parnell Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Parnell is starting from $890 at Lakewood Hills Apartments.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.