Cheap Apartments for Rent in Polk County, IA from $400 (505 Rentals)

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

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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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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.

Cheapest Available Polk County Apartments for Rent

 

The cheapest available apartment rental in Polk County, IA is a 1 Bed unit found at Johnston Crossing Senior Apartments I in the Green Meadows West neighborhood priced from $548. Highland Park Apartments in the Grandview College Area neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $575. Here is today’s list of the most affordable Polk County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Johnston Crossing Senior Apartments I1 Bedroom1BR,1BA$548
Highland Park ApartmentsStudioStudio,1BA$575
Highland Park ManorStudioStudio,1BA$575
Village GreenStudioStudio,1BA$600
732 19th St1 Beds, 1 Baths1BR,1BA$625
The Concord BuildingStudioStudio,1BA$630
The AcaciaStudio - ClassicStudio,1BA$647
Douglas Oaks0BR/1.0BAStudio,1BA$650
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$650
Lillis LoftsGoldenray 30%2BR,1BA$665

Best Value Apartments for Rent in Polk County, IA

As of July 17, 2026 the best value apartment in the Polk County area is the $0.77 price per square foot Four bed Model at Prairie Trails in the in the Hayes Acres neighborhood starting from $2,300. The second greatest value Polk County apartment is the 1250 9th St Model at 1250 9th St, Unit Unite #1 starting at $1,200 with a $0.71 price per square foot in the Grandview College Area neighborhood. Here is today’s list of the best values for Polk County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prairie TrailsFour bed4BR,3BA$0.77
1250 9th St, Unit Unite #11250 9th St3BR,1.5BA$0.71
Normandy Terrace Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.60
Southern Meadows HomesPlan B - two story3BR,2BA$0.93
Applewood PropertiesTwo Bedroom2BR,1BA$0.87
Magnolia Park2 Bed /2 Bath2BR,2BA$0.81
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.93
The Ridges2 Bedroom Regular2BR,1BA$0.89
3119 Grand Ave2 Beds, 1 Baths2BR,1BA$0.90
Johnston Crossing Senior Apartments I1 Bedroom1BR,1BA$0.80

Frequently Asked Questions about Cheap Polk County Apartments

What is the Cheapest Studio apartment in Polk County?

Currently the most affordable Cheap Studio Apartment in Polk County is at Highland Park Apartments listed at $575.

How much is rent for a Cheap One Bedroom Polk County Apartment?

The lowest price for a Cheap One Bedroom Polk County Apartment is $548 at Johnston Crossing Senior Apartments I.

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

Today's best deal for a Cheap Two Bedroom Apartment in Polk County is starting from $648 at Johnston Crossing Senior Apartments I.

What is the most affordable Polk County Three Bedroom Apartment?

The best deal on a cheap Polk County Three Bedroom Apartment rental is at McKinley Apartments and starts from $895.

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

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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.

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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.

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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.