Cheap Apartments for Rent in Promise City, IA from $400 (50 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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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

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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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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 1

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. Rollins Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $470. Here is today’s list of the most affordable Promise City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Karlton ApartmentsStudioStudio,1BA$415
Rollins Apartments1 Bedroom1BR,1BA$470
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$650
Next Level Apartments - Easton VillageA11BR,1BA$674
Foxwood ApartmentsA11BR,1BA$716
Tisdale Apartments2 Bedroom2BR,1BA$720
Sunset ApartmentsStudio, 1 baStudio,1BA$725
The Ridges1 Bedroom1BR,1BA$740
The Hampton Meadows1 Bedroom1BR,1BA$750
Orchard MeadowsB1 Classic2BR,1BA$750

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

As of April 16, 2026 the best value apartment in the Promise City area is the $0.62 price per square foot Four Bedroom Model at Asbury Heights in the starting from $1,188. The second greatest value Promise City apartment is the Cottage - 3 Model at Northern Plains by Kading starting at $985 with a $0.80 price per square foot . 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.
Asbury HeightsFour Bedroom4BR,2BA$0.62
Northern Plains by KadingCottage - 33BR,2BA$0.80
The Meadows3 Bedroom3BR,2BA$0.95
Fort Des Moines2-Bedroom2BR,2BA$0.97
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Orchard MeadowsB1 Partially Renovated2BR,1BA$0.96
Tisdale Apartments2 Bedroom2BR,1BA$1.03
Rollins Apartments1 Bedroom1BR,1BA$0.70
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.00
Karlton ApartmentsStudioStudio ,1BA$0.83

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Promise City, IA Apartments Map
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Promise City, IA Rental Homes Map

Frequently Asked Questions about Cheap Promise City Apartments

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

The lowest price for a Cheap One Bedroom Promise City Apartment is $470 at Rollins 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 $985.

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 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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.