
Cheap Homes for Rent in Parnell, IA from $900 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Parnell.


2639 Westwinds Dr

601 21st Ave Pl

107 S 6th St

641 Kimberlite St

2266 Holiday 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.

2262 Holiday Rd

734 Westwinds Dr

719 Westwinds Dr

728 Westwinds Dr

2620 Westwinds Dr

2264 Holiday Rd
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.

2869 Coral Ct
Parnell, IA Local Guide

How much does it cost to rent a home in Parnell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parnell 2 Bedroom Homes for Rent | $1,409 | $1,025 | $2,250 |
| Parnell 3 Bedroom Homes for Rent | $1,857 | $995 | $2,500 |
| Parnell 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Top Homes for Rent in Parnell
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Parnell, IA Local Guide
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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. 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 Parnell apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakewood Hills Apartments | Studio | Studio,1BA | $695 |
| Aspire at West Campus | 2x2 Herky - Unfurnished | 2BR,2BA | $812 |
| 808 on 5th | Studio | Studio,1BA | $995 |
| The Lundell | 0BR/1.0BA | Studio,1BA | $1,150 |
| Willow Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Parnell, IA and Nearby
As of May 08, 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 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 Parnell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Hawthorne | G | 3BR,2BA | $1.44 |
| Newton Pointe Apartments | 3 bed 1 bath | 3BR,1BA | $1.30 |
| 926 Harlocke St (IC) | 2 BR/1 BA | 2BR,1BA | $1.25 |
| Penn Street Place | Corner Windows | 2BR,2BA | $1.80 |
| 1735 N Jones Blvd | Layout 2A | 2BR,2BA | $1.72 |
| The Banks Student Living | 2x2 A | 2BR,2BA | $1.04 |
| The Emory North Liberty | 1BR Monroe | 1BR,1BA | $2.37 |
| Woodridge Estates | 1BR/1BA 737 sq. ft. | 1BR,1BA | $1.83 |
| 1032 Newton Rd | 2 | 1BR,1BA | $2.03 |
| 808 on 5th | 424 S | 1BR,1BA | $1.75 |
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 Parnell
What type of rentals are currently available in Parnell?
There are currently 45 Apartments for Rent in Parnell, IA with pricing that ranges from $695 to $3,768. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parnell ranging from $900 to $2,500.
What is the current price range for Rental Homes in Parnell?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parnell ranges from $900 to $2,500 with an average monthly rent of $1,600.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.