
Cheap Homes for Rent near Parnell, IA from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Parnell.


151 E 3rd St

904 W Welsh St

1102 21st Ave Pl

1802 21st Ave Pl

365 Beaver Kreek Center
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.

1632 5th St

2432 Petsel Pl

245 Beaver Kreek Center

734 Westwinds Dr

417 Douglass Ct

1795 Sara Ct
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.

2018 Waterfront Dr
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 | $1,503 | $895 | $2,300 |
| Parnell 3 Bedroom Homes for Rent | $2,000 | $1,200 | $2,600 |
| Parnell 4 Bedroom Homes for Rent | $2,680 | $2,450 | $2,995 |
| Parnell 5 Bedroom Homes for Rent | $2,500 | $2,100 | $2,900 |
Browse Top Homes for Rent in Parnell
Explore Parnell
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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakewood Hills Apartments | Studio | Studio,1BA | $695 |
| Liberty Housing | 1BR/1.0BA | 1BR,1BA | $875 |
| 808 on 5th | Studio | Studio,1BA | $995 |
| Willow Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,200 |
| 1032 Newton Rd | 2 | 1BR,1BA | $1,400 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Hawthorne | G | 3BR,2BA | $1.44 |
| Penn Street Place | Corner Windows | 2BR,2BA | $1.80 |
| 965 Flats | A4 +Den | 1BR,1BA | $1.71 |
| 1032 Newton Rd | 2 | 1BR,1BA | $2.03 |
| 808 on 5th | 424 S | 1BR,1BA | $1.75 |
| Liberty Housing | 1BR/1.0BA | 1BR,1BA | $1.40 |
| Lakewood Hills Apartments | Studio Gold | Studio ,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.
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?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Parnell, IA
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 $4,142. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parnell ranging from $850 to $2,995.
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 $850 to $2,995 with an average monthly rent of $1,877.
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

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.

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.

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.

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.