
Cheap Homes for Rent in Raymond, IA from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Raymond.


147 French St

1422 Irish Dr

261 Madison St

247 Madison St
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.

621 W 9th St

1503 Franklin St

237 Madison St

429 Anthony St

1754 Locke Ave
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.

707 Webster St
Raymond, IA Local Guide

How much does it cost to rent a home in Raymond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raymond 2 Bedroom Homes for Rent | $804 | $625 | $1,050 |
| Raymond 3 Bedroom Homes for Rent | $1,163 | $795 | $1,875 |
| Raymond 4 Bedroom Homes for Rent | $1,150 | $1,150 | $1,150 |
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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 1 Bed unit found at Meadow Ridge Apartments priced from $625. Prairie Village of LaPorte City has the second lowest priced unit, which is a 1 Bed apartment currently listed from $643. Here is today’s list of the most affordable Raymond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $625 |
| Prairie Village of LaPorte City | 1 Bedroom | 1BR,1BA | $643 |
| Gold Falls Villa Apartments | 2BR/1 Bath | 2BR,1BA | $725 |
| 1106-1110 Kent Circle | Updated Cozy 1 Bedroom / 1 Bath Apartment in SW... | 1BR,1BA | $750 |
| University Manor | 1 BR/ 1 BA (Dec'25 and Jan' 26 ) | 1BR,1BA | $770 |
Best Value Apartments for Rent in Raymond, IA and Nearby
As of January 15, 2026 the best value apartment in the Raymond area is the $0.94 price per square foot LS 3x1.5 Model at Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms in the starting from $1,200. 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. |
|---|---|---|---|
| Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms | LS 3x1.5 | 3BR,1.5BA | $0.94 |
| 3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.10 |
| Hawkeye Towers (new) | 3BR/2BA | 3BR,2BA | $0.50 |
| Pineview Place Apartments | Prime Waterloo Living: 2-Bedroom / 1-Bath Apart... | 2BR,1BA | $1.03 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
| Le Chateau | 2BR/1.5BA | 2BR,1.5BA | $0.85 |
| Residences on College Hill | Large 4-Bedroom Apartment, Perfect for Roommate... | 4BR,1BA | $0.99 |
| 1150 Home Park Blvd | 2BR/1.0BA | 2BR,1BA | $1.02 |
| 1637 Carriage Hill | 2BR/1.0BA | 2BR,1BA | $1.10 |
| 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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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!
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See the most popular apartments and homes in Raymond, IA
Frequently Asked Questions about Raymond
What type of rentals are currently available in Raymond?
There are currently 51 Apartments for Rent in Raymond, IA with pricing that ranges from $365 to $2,500. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Raymond ranging from $575 to $1,875.
What is the current price range for Rental Homes in Raymond?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Raymond ranges from $575 to $1,875 with an average monthly rent of $933.
How much are larger Three and Four Bedroom Rentals in Raymond?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Raymond range from $505 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $1,875. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $380.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!