Cheap Apartments for Rent in Rake, IA from $400 (20 Rentals)

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

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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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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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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528 N Grant St
2 to 3 Bedroom Apartments

528 N Grant St

528 N Grant StBlue Earth, MN 56013
  • Utilities Included
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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. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. 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
Key ApartmentsEfficiencyStudio,1BA$450
City Center Kent ApartmentsStudio1BR,1BA$495
18 S Adams AveOne Bedroom1BR,1BA$525
Key West ApartmentsStudioStudio,1BA$550

Best Value Apartments for Rent in Rake, IA and Nearby

As of July 22, 2025 the best value apartment in the Rake area is the $1.22 price per square foot 2 Bedroom 1 Bath Model at Tartan Glen in the in the University neighborhood starting from $1,550. The second greatest value Rake apartment is the Two Bedroom Model at The Edge Apartments starting at $675 with a $0.69 price per square foot in the University neighborhood. 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.
Tartan Glen2 Bedroom 1 Bath2BR,1BA$1.22
The Edge ApartmentsTwo Bedroom2BR,1BA$0.69
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14
Bunting Lane ApartmentsThree Bed3BR,1.5BA$0.63
City Center Kent Apartments1 Bedroom1BR,1BA$0.74
Shalom Tower IITower II - One Bedroom1BR,1BA$0.70
219 6th St SWOne Bedroom1BR,1BA$1.20
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Northern Place Apartments1 Bed, 1 bath1BR,1BA$1.18
18 S Adams AveOne Bedroom1BR,1BA$0.95

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $675 at The Edge Apartments.

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 $1,125.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.