Cheap Apartments for Rent in Prairie City, IA from $400 (34 Rentals)

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

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard 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
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Spruce Pointe
Studio to 2 Bedroom Apartments

Spruce Pointe

1000 Adventureland DrAltoona, IA 50009
  • Utilities Included
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Oakland Pointe
Studio to 3 Bedroom Apartments

Oakland Pointe

615-619 17th Ave NWAltoona, IA 50009
  • Utilities Included

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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Showing Results 1-34, Page 1 of 1

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 2 Beds unit found at 110 N Maple St in the Jasper County neighborhood priced from $700. Hotel Maytag Apartments in the Jasper County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Prairie City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
110 N Maple St2-bedroom2BR,1BA$700
Hotel Maytag Apartments1 bedroom A1BR,1BA$725
Hunters RunB22BR,1BA$775
Walnut Creek Apartments2 BD Legacy2BR,1BA$795
Altoona TowersS1Studio,1BA$799
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$805
409 4th St NE2BR 1BA2BR,1BA$810
Southtown ApartmentsB12BR,1BA$815
Woodland Heights3 Bed 2 Bath3BR,2BA$820
Canterbury ParkTwo Bedroom CPI2BR,2BA$845

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

As of August 10, 2026 the best value apartment in the Prairie City area is the $1.05 price per square foot 3BR/2BA Model at Altoona Park Apartments in the in the Altoona Meadows neighborhood starting from $1,150. The second greatest value Prairie City apartment is the 3 Bedroom 2 Bathroom Model at SUNDANCE NEWTON APARTMENTS starting at $945 with a $1.02 price per square foot in the Jasper County 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.
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
SUNDANCE NEWTON APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$1.02
Walnut Creek Apartments2 BD Legacy2BR,1BA$0.94
Hunters RunB22BR,1BA$0.91
Southtown ApartmentsB12BR,1BA$0.96
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
110 N Maple St2-bedroom2BR,1BA$0.88
Woodland Heights2 Bed 1 Bath2BR,1BA$1.04
Canterbury ParkTwo Bedroom CPI2BR,2BA$1.07
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!

Explore Prairie City, IA Rentals by Map

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Frequently Asked Questions about Cheap Prairie City Apartments

What is the Cheapest Studio apartment in Prairie City?

Currently the most affordable Cheap Studio Apartment in Prairie City is at Altoona Towers listed at $799.

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 $700 at 110 N Maple St.

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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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.

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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.

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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.