Cheap Apartments for Rent in Prairie City, IA from $400 (41 Rentals)

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

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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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.

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17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard StColfax, IA 50054
  • Utilities Included

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.

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110 N Maple St
2 Bedroom Apartments

110 N Maple St

110 N Maple StColfax, IA 50054
  • Utilities Included
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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
  • Utilities Included
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Altoona Towers
Studio to 4 Bedroom Apartments

Altoona Towers

1414-1616 Adventureland DrAltoona, IA 50009
Corporate Housing
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Spruce Pointe
Studio to 2 Bedroom Apartments

Spruce Pointe

1000 Adventureland DrAltoona, IA 50009
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Oakland Pointe
Studio to 3 Bedroom Apartments

Oakland Pointe

615-619 17th Ave NWAltoona, IA 50009
  • Utilities Included
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Walnut Pointe
2 to 3 Bedroom Apartments

Walnut Pointe

1702-1798 W 4th St NNewton, IA 50208
property at 2000 Meadow Ct

$1,175 - $1,295

2 To 3 Bedroom Rentals

Available Now

2000 Meadow Ct

Des MoinesIA50320

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Prairie City, IA Local Guide

Cheapest Available Prairie City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prairie City, IA is a 1 Bed unit found at Hotel Maytag Apartments priced from $725. Canterbury Park in the Estey Heights neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here is today’s list of the most affordable Prairie City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hotel Maytag Apartments1 bedroom A1BR,1BA$725
Canterbury ParkTwo Bedroom-One and One Half Bath2BR,1BA$750
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$805
409 4th St NE2BR 1BA2BR,1BA$810
Woodland Heights3 Bed 2 Bath3BR,2BA$820
Altoona TowersS1Studio,1BA$848
Walnut Creek Apartments2 BD Legacy2BR,1BA$850
Centennial Place Apartments2BR/1BA2BR,1BA$895
Plant 1 LoftsA11BR,1BA$895
Adventureland Village2 Bedroom 1 Bath Partial Remodel2BR,1BA$900

Best Value Apartments for Rent in Prairie City, IA and Nearby

As of May 08, 2026 the best value apartment in the Prairie City area is the $1.18 price per square foot 2x2 Birch Model at Ironwood in the in the Altoona Meadows neighborhood starting from $1,381. The second greatest value Prairie City apartment is the 3BR/2BA Model at Altoona Park Apartments starting at $1,150 with a $1.05 price per square foot in the Altoona Meadows neighborhood. Here is today’s list of the best values for Prairie City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ironwood2x2 Birch2BR,2BA$1.18
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
Canterbury ParkThree Bedroom-Two Bath3BR,2BA$1.04
Rock Creek Condos2 Bedroom2BR,2BA$1.16
Walnut Creek Apartments2 BD Legacy2BR,1BA$1.00
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$0.97
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
Venbury Trail2 Bedroom 2 Bath2BR,1BA$1.19
Woodland Heights2 Bed 1 Bath2BR,1BA$1.04
409 4th St NE2BR 1BA2BR,1BA$1.08

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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Prairie City Apartments

How much is rent for a Cheap One Bedroom Prairie City Apartment?

The lowest price for a Cheap One Bedroom Prairie City Apartment is $725 at Hotel Maytag Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Prairie City is starting from $750 at Canterbury Park.

What is the most affordable Prairie City Three Bedroom Apartment?

The best deal on a cheap Prairie City Three Bedroom Apartment rental is at Woodland Heights and starts from $820.

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 A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa article

A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa

Written by: Joseph Isenberg

I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.

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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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.