Cheap Apartments for Rent in Prairie City, IA from $695 (39 Rentals)

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

property at 303 S Madison St
$725
2 Bedroom, 1 Bath Rentals
Available Now
Cost Per Sq.Ft.

303 S Madison St

Prairie CityIA50228

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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Yellowbanks
$1,050 - $1,490

Total Monthly Price

Base Rent$1,050 - $1,490
Total Monthly Price$1,050 - $1,490
2 to 3 Bedroom Apartments Available Sep 28

Yellowbanks

5790 Vision DrPleasant Hill, IA 50327
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17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard StColfax, IA 50054
  • Utilities Included

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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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
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Oakland Pointe
Studio to 3 Bedroom Apartments

Oakland Pointe

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

Walnut Pointe

1702-1798 W 4th St NNewton, IA 50208

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 1-39, 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 Courtyard Apartments in the Jasper County neighborhood priced from $700. 110 N Maple St in the Jasper County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Prairie City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Courtyard ApartmentsB12BR, 1BA$700
110 N Maple St2-bedroom2BR, 1BA$700
Newton Park Apartments1BR - 30% Gross Income1BR, 1BA$742
Hotel Maytag Apartments1 bedroom A1BR, 1BA$750
Parkside Luxury ApartmentsS1 AvaStudio, 1BA$750
Hawthorne PointeA2 - 40 - Income Restricted1BR, 1BA$769
Walnut Creek Apartments2 BD Legacy2BR, 1BA$795
Altoona TowersS1Studio, 1BA$799
409 4th St NE2BR 1BA2BR, 1BA$810
Canterbury ParkOne Bedroom1BR, 1BA$880

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

As of September 24, 2026 the best value apartment in the Prairie City area is the $0.88 price per square foot C1 Model at Hunters Run in the Jasper County neighborhood starting from $950. The second greatest value Prairie City apartment is the Villa Model at Walnut Pointe in the Jasper County neighborhood starting at $1,040 with a $1.03 price per square foot. 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.
Hunters RunC13BR, 2BA$0.88
Walnut PointeVilla3BR, 1BA$1.03
Rock Creek Condos2 Bedroom2BR, 2BA$1.21
Walnut Creek Apartments2 BD Upgraded2BR, 1BA$1.05
Hotel Maytag Apartments1 bedroom A1BR, 1BA$0.93
Venbury Trail2 Bedroom 2 Bath2BR, 1BA$1.22
110 N Maple St2-bedroom2BR, 1BA$0.88
409 4th St NE2BR 1BA2BR, 1BA$1.08
Hawthorne PointeA2 - 40 - Income Restricted1BR, 1BA$1.08
Courtyard ApartmentsB12BR, 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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 $742 at Newton Park 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 Courtyard Apartments.

What is the most affordable Prairie City Three Bedroom Apartment?

The best deal on a cheap Prairie City Three Bedroom Apartment rental is at Courtyard Apartments and starts from $803.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.