
Cheap Homes for Rent near Promise City, IA from $945 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Promise City.


4922 SW 14th St

316 6th Ave E

7010 SW 13th St

1211 Lewis Ave

810 W 15th 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.

408 E 15th St

118 W Cedar Ln

1321 Army Post Rd

914 W 5th St

2012 E Caulder Ave

7106 SW 16th 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.

1317 B Ave W

223 Carson St

201 High Ave E

411 Oak St

1804 Southlawn Dr

906 Lincoln St
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.
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 | $1,283 | $945 | $2,750 |
| Promise City 3 Bedroom Homes for Rent | $1,815 | $1,050 | $2,950 |
| Promise City 4 Bedroom Homes for Rent | $2,025 | $1,525 | $2,295 |
| Promise City 6 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
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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 1 Bed unit found at Rollins Apartments priced from $470. Valley Acres Apartments in the Southwest Des Moines neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Promise City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rollins Apartments | 1 Bedroom | 1BR,1BA | $470 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $675 |
| Next Level Apartments - Easton Village | A1 | 1BR,1BA | $695 |
| Foxwood Apartments | A1 | 1BR,1BA | $700 |
| Dennis Park Apartments | B1 | 2BR,1BA | $744 |
Best Value Apartments for Rent in Promise City, IA and Nearby
As of September 13, 2026 the best value apartment in the Promise City area is the $1.04 price per square foot Villa Model at Osceola Heights by Kading in the starting from $1,050. The second greatest value Promise City apartment is the 2-Bedroom Model at Fort Des Moines starting at $975 with a $0.97 price per square foot in the Southwest Des Moines neighborhood. 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. |
|---|---|---|---|
| Osceola Heights by Kading | Villa | 3BR,1BA | $1.04 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Willow Bend | 2 Bedroom 2 Bath | 2BR,2BA | $1.03 |
| Orchard Meadows | B1 Classic | 2BR,1BA | $0.85 |
| Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $0.94 |
| Sunset Apartments | 2bd, 1ba | 2BR,1BA | $1.03 |
| Deer Run Apartments | B1 | 2BR,1BA | $0.99 |
| Dennis Park Apartments | B1 | 2BR,1BA | $0.93 |
| Rollins Apartments | 1 Bedroom | 1BR,1BA | $0.70 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.04 |
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 ArticleNavigating 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.
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Promise City
What type of rentals are currently available in Promise City?
There are currently 62 Apartments for Rent in Promise City, IA with pricing that ranges from $415 to $2,005. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Promise City ranging from $945 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 $945 to $2,950 with an average monthly rent of $1,631.
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.

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.