
Cheap Homes for Rent in Parnell, IA from $1,000 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Parnell.


708 Westwinds Dr

2262 Holiday Rd

728 Westwinds Dr

734 Westwinds Dr
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.

719 Westwinds Dr

2620 Westwinds Dr

2867 Coral Ct

2869 Coral Ct

510 Pond View Dr
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.

545 Pond View Dr

565 Pond View Dr

2865 Spring Rose Cir

2890 Coral Ct

1701 21st Ave Pl
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1725 Caleb Ct

460 N Kansas Ave
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 | $1,462 | $1,050 | $2,250 |
| Parnell 3 Bedroom Homes for Rent | $2,185 | $1,400 | $2,650 |
| 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 |
| Seville | 1 BR - Sublet | 1BR,1BA | $905 |
| 808 on 5th | Studio | Studio,1BA | $995 |
| 1453-1458 Eastview Dr | 1455 Eastview | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in Parnell, IA and Nearby
As of June 22, 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 2 Bedroom Style B1 Model at Aster Village starting at $1,725 with a $1.44 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Hawthorne | G | 3BR,2BA | $1.44 |
| Aster Village | 2 Bedroom Style B1 | 2BR,2BA | $1.44 |
| Newton Pointe Apartments | 3 bed 1 bath | 3BR,1BA | $1.30 |
| 1453-1458 Eastview Dr | 1455 Eastview | 2BR,1.5BA | $1.08 |
| 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 |
| Seville | 1 BR - Sublet | 1BR,1BA | $1.34 |
| 808 on 5th | 424 S | 1BR,1BA | $1.75 |
| The Baltic | Style D2 | Studio ,1BA | $1.86 |
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 $3,642. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parnell ranging from $1,050 to $2,650.
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 $1,050 to $2,650 with an average monthly rent of $1,828.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.