Cheap Apartments for Rent in Rake, IA from $400 (37 Rentals)

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

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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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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property at 633 S 2nd St

633 S 2nd St

MankatoMN56001
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528 N Grant St
1 to 3 Bedroom Apartments

528 N Grant St

528 N Grant StBlue Earth, MN 56013
  • Utilities Included
property at 305 W Wenberg St

305 W Wenberg St

DunnellMN56127
property at 702 E Main St

702 E Main St

Albert LeaMN56007
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219 6th St SW
1 to 2 Bedroom Apartments

219 6th St SW

219 6th St SWMadelia, MN 56062
  • 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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property at 301 S Prairie St

301 S Prairie St

SherburnMN56171
Showing Results 1-37, Page 1 of 1

Rake, IA Local Guide

Cheapest Available Rake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rake, IA is a Studio unit found at Shalom Tower II priced from $405. City Center Kent Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $495. Here is today’s list of the most affordable Rake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shalom Tower IITower I EfficiencyStudio,1BA$405
City Center Kent ApartmentsStudio1BR,1BA$495
Key ApartmentsEfficiencyStudio,1BA$500
18 S Adams AveOne Bedroom1BR,1BA$525
Key West ApartmentsStudioStudio,1BA$550
CityView ApartmentsStudioStudio,1BA$625
The ManorSM21BR,1BA$657
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$685
A-Lea ApartmentsB and C Buildings1BR,1BA$700
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$701

Best Value Apartments for Rent in Rake, IA and Nearby

As of October 27, 2025 the best value apartment in the Rake area is the $1.03 price per square foot 3 Bedroom 1.5 Bathrooms Model at Pebble Creek Apartments in the starting from $1,150. The second greatest value Rake apartment is the 2 Bedroom 1 Bathroom Apartment Model at Deer Creek Apartments starting at $1,065 with a $1.17 price per square foot . Here is today’s list of the best values for Rake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pebble Creek Apartments3 Bedroom 1.5 Bathrooms3BR,1.5BA$1.03
Deer Creek Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$1.17
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14
CityView Apartments2 bedroom2BR,1BA$1.08
City Center Kent Apartments1 Bedroom1BR,1BA$0.74
Shalom Tower IITower II - One Bedroom1BR,1BA$0.70
Bunting Lane ApartmentsTwo Bed2BR,1BA$0.82
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Eytcheson Estates Welcome1 Bedroom2BR,1BA$0.93
18 S Adams AveOne Bedroom1BR,1BA$0.95

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 Rake, IA Rentals by Map

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See the most popular apartments and homes in Rake, IA

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Getting Around Rake, IA

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Rake Apartments

What is the Cheapest Studio apartment in Rake?

Currently the most affordable Cheap Studio Apartment in Rake is at Shalom Tower II listed at $405.

How much is rent for a Cheap One Bedroom Rake Apartment?

The lowest price for a Cheap One Bedroom Rake Apartment is $495 at City Center Kent Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Rake is starting from $701 at Eytcheson Estates Sherburn.

What is the most affordable Rake Three Bedroom Apartment?

The best deal on a cheap Rake Three Bedroom Apartment rental is at Northern Place Apartments and starts from $1,150.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.