
Cheap Homes for Rent near Promise City, IA from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Promise City.


2251 Fairfax Dr

215 Leland Ave

410 N Grant St

1321 Army Post Rd

1010 Linden St
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.

7106 SW 16th St

4805 S Union St

2012 E Caulder Ave

1319 B Ave W

302 Porter Ave

906 Lincoln St
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.
Promise City, IA Local Guide

How much does it cost to rent a home in Promise City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Promise City 2 Bedroom Homes for Rent | $1,535 | $1,100 | $2,750 |
| Promise City 3 Bedroom Homes for Rent | $1,897 | $1,095 | $2,950 |
| Promise City 4 Bedroom Homes for Rent | $2,138 | $1,625 | $2,595 |
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Promise City, IA Local Guide
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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. Centerville Senior Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Promise City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Karlton Apartments | Studio | Studio,1BA | $415 |
| Centerville Senior Lofts | The Dublin | 2BR,1BA | $600 |
| Foxwood Apartments | A2 | 1BR,1BA | $701 |
| Sunset Apartments | 1 bedroom, | Studio,1BA | $725 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $725 |
Best Value Apartments for Rent in Promise City, IA and Nearby
As of July 30, 2026 the best value apartment in the Promise City area is the $0.95 price per square foot 3 Bedroom Model at The Meadows in the in the Somerset neighborhood starting from $995. The second greatest value Promise City apartment is the 3 Bedroom 2 Bathroom Model at Country Club Estates starting at $950 with a $0.93 price per square foot . Here is today’s list of the best values for Promise City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Meadows | 3 Bedroom | 3BR,2BA | $0.95 |
| Country Club Estates | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.93 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Next Level Apartments - Easton Village | C1 | 3BR,1BA | $0.89 |
| Centerville Senior Lofts | The Dearborn | 2BR,1BA | $0.83 |
| Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
| Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $0.94 |
| Deer Run Apartments | B1 | 2BR,1BA | $1.05 |
| Dennis Park Apartments | B1 | 2BR,1BA | $1.04 |
| Karlton Apartments | Studio | Studio ,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.
Read ArticleReal 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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Frequently Asked Questions about Promise City
What type of rentals are currently available in Promise City?
There are currently 61 Apartments for Rent in Promise City, IA with pricing that ranges from $415 to $1,997. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Promise City ranging from $1,015 to $2,950.
What is the current price range for Rental Homes in Promise City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Promise City ranges from $1,015 to $2,950 with an average monthly rent of $1,712.
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

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.

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.