
Cheap Apartments for Rent near Raymond, IA from $300 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Raymond.


Prairie Village of LaPorte City

Brookside Apartments

Russell Lamson

Gold Falls Villa Apartments

Kent Circle

Kingswood Place

228 Spaces

Union at North Crossing
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.

University Manor

Le Chateau

Legacy Manor of Waterloo - 55+ Living

Edgemont Park Apartments

Park @ Nine23

Falls Edge Studios

4th Street Manor

102 South St

313 Dearborn Ave
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.

1703 Lafayette St

235 Madison St

219 Madison St

611 Sycamore St

24 Van Buren St

269 Madison St

1224-1282 W Mullan Ave

1637 Carriage Hill Dr

124 Earl 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.

The Preserve at Crossroads

Lantern Square Condominiums

Westwood Apartments

121 Butler Ave

641 Wyoming St

1150 Home Park Blvd

717 Adams St

606 Sycamore St

611 Johnson St
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.

130 Rhey St

927 Forest Ave
Raymond, IA Local Guide

How much does it cost to rent an apartment in Raymond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raymond Studio Apartments | $1,093 | $695 | $1,450 |
| Raymond 1 Bedroom Apartments | $1,169 | $643 | $1,800 |
| Raymond 2 Bedroom Apartments | $1,421 | $765 | $2,200 |
| Raymond 3 Bedroom Apartments | $1,657 | $1,145 | $1,950 |
| Raymond 4 Bedroom Apartments | $1,450 | $1,400 | $1,500 |
Browse Top Apartments in Raymond
See all Apartments in RaymondExplore Raymond
Raymond, IA Local Guide
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Cheapest Available Raymond Apartments for Rent and Nearby
 The cheapest available apartment rental in Raymond, IA is a 4 Beds unit found at The Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $315. Meadow Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Raymond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $315 |
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $625 |
| Prairie Village of LaPorte City | 1 Bedroom | 1BR,1BA | $643 |
| Brookside Apartments | One-Bedroom Apartment | 1BR,1BA | $650 |
| Russell Lamson | Studio | Studio,1BA | $695 |
| Kingswood Place | Huge Updated One Bedroom Apartment with Walk-in... | 1BR,1BA | $775 |
| Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $800 |
| Gold Falls Villa Apartments | 2BR/1 Bath | 2BR,1BA | $815 |
| University Manor | 1 BR/ 1 BA (Aug '25) | 1BR,1BA | $815 |
| Le Chateau | 2BR/1.5BA | 2BR,1BA | $850 |
Best Value Apartments for Rent in Raymond, IA and Nearby
As of August 03, 2026 the best value apartment in the Raymond area is the $1.19 price per square foot 1st Month Free Model at Riverwalk Residences in the in the Downtown Waterloo neighborhood starting from $1,250. The second greatest value Raymond apartment is the 2 BR/ 2 BA Model at 3714 Ravenwood Cir starting at $1,150 with a $1.10 price per square foot . Here is today’s list of the best values for Raymond apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riverwalk Residences | 1st Month Free | 2BR,2BA | $1.19 |
| 3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.10 |
| Prairie Rapids | 2bed/1bath | 2BR,1BA | $1.15 |
| Pineview Place Apartments | Prime Waterloo Living: 2-Bedroom / 1-Bath Apart... | 2BR,1BA | $1.05 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.02 |
| Le Chateau | 2BR/1.5BA | 2BR,1.5BA | $0.90 |
| The Residences on College Hill | 4 Bed 1 Bath-W/D In Unit | 4BR,1BA | $0.44 |
| Kingswood Place | Huge Updated One Bedroom Apartment with Walk-in... | 1BR,1BA | $1.05 |
| Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $1.16 |
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.02 |
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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Raymond, IA Rentals by Map
See the most popular apartments and homes in Raymond, IA
Frequently Asked Questions about Cheap Raymond Apartments
What is the Cheapest Studio apartment in Raymond?
Currently the most affordable Cheap Studio Apartment in Raymond is at Russell Lamson listed at $695.
How much is rent for a Cheap One Bedroom Raymond Apartment?
The lowest price for a Cheap One Bedroom Raymond Apartment is $625 at Meadow Ridge Apartments.
What is the lowest price for a Cheap Two Bedroom Raymond Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Raymond is starting from $775 at Meadow Ridge Apartments.
What is the most affordable Raymond Three Bedroom Apartment?
The best deal on a cheap Raymond Three Bedroom Apartment rental is at Pineview Place Apartments and starts from $1,220.
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.