Cheap Apartments for Rent in Promise City, IA from $400 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in Promise 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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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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1833 Curtis Ave
1 to 2 Bedroom Apartments

1833 Curtis Ave

1833 Curtis AveChariton, IA 50049
Corporate Housing
  • 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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501 S Osteopathy Ave
1 Bedroom Apartments

501 S Osteopathy Ave

501 S Osteopathy AveKirksville, MO 63501
Student Housing
  • Utilities Included
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Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
Senior Living
  • Utilities Included
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Flats on 5th
1 to 2 Bedroom Apartments

Flats on 5th

7109 SE 5th StDes Moines, IA 50315
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The Meadows
2 to 4 Bedroom Apartments

The Meadows

7500 Meadowlands DrDes Moines, IA 50320
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Indianola Park 1
1 to 2 Bedroom Apartments

Indianola Park 1

902 N 14th StIndianola, IA 50125
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Promise City, IA Local Guide

Cheapest Available Promise City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Promise City, IA is a Studio unit found at Karlton Apartments priced from $415. Valley Acres Apartments in the Southwest Des Moines neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Promise City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Karlton ApartmentsStudioStudio,1BA$415
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$650
Foxwood ApartmentsA11BR,1BA$718
Tisdale Apartments2 Bedroom2BR,1BA$720
Sunset ApartmentsStudio, 1 baStudio,1BA$725
The Ridges1 Bedroom1BR,1BA$740
The Hampton Meadows1 Bedroom1BR,1BA$750
Orchard MeadowsB1 Partially Renovated2BR,1BA$795
Northern Plains by KadingCottage - 22BR,1BA$795
Fish CreekB1 - Classic2BR,1BA$825

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

As of May 31, 2026 the best value apartment in the Promise City area is the $1.00 price per square foot Cottage - 3 Model at Vesta Village by Kading in the starting from $1,235. The second greatest value Promise City apartment is the 3 bed 2 bath Model at Sunset Terrace starting at $1,220 with a $1.00 price per square foot in the Easton Park neighborhood. Here is today’s list of the best values for Promise City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vesta Village by KadingCottage - 33BR,2BA$1.00
Sunset Terrace3 bed 2 bath3BR,2BA$1.00
The Meadows3 Bedroom3BR,2BA$0.95
Country Club Estates3 Bedroom 2 Bathroom3BR,2BA$0.93
Fort Des Moines2-Bedroom2BR,2BA$0.97
Willow Bend2 Bedroom1BR,1BA$0.97
Orchard MeadowsB1 Partially Renovated2BR,1BA$0.90
Northern Plains by KadingCottage - 22BR,1BA$0.94
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.00
Karlton ApartmentsStudioStudio ,1BA$0.83

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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Quick Rent Budget Calculator

How much rent can you afford?

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 Promise City, IA Rentals by Map

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See the most popular apartments and homes in Promise City, IA

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Frequently Asked Questions about Cheap Promise City Apartments

What is the Cheapest Studio apartment in Promise City?

Currently the most affordable Cheap Studio Apartment in Promise City is at Karlton Apartments listed at $415.

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

The lowest price for a Cheap One Bedroom Promise City Apartment is $650 at Valley Acres Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Promise City is starting from $720 at Tisdale Apartments.

What is the most affordable Promise City Three Bedroom Apartment?

The best deal on a cheap Promise City Three Bedroom Apartment rental is at Northern Plains by Kading and starts from $925.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.

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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.