Cheap Apartments for Rent near Royal, IA from $701 (78 Rentals)

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

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.

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Ashley Estates
$895 - $1,085

Total Monthly Price

Base Rent$895 - $1,085
Total Monthly Price$895 - $1,085
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Ashley Estates

314 1st StJackson, MN 56143
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property at 401 N Elm St
$900

Total Monthly Price

Base Rent$900
Total Monthly Price$900
1 Month Lease Term
3 Bedroom, 1.5 Bath Home for Rent
Available Sep 30

401 N Elm St

FairmontMN56031
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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.

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property at 601 W 2ND ST
$975

Total Monthly Price

Base Rent$975
Total Monthly Price$975
2 Bedroom, 1 Bath Townhome for Rent
Available Now

601 W 2ND ST, Unit A

601 W 2ND ST
AltaIA51002

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.

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property at 1204 Hill Ave
$1,000

Total Monthly Price

Base Rent$1,000
Total Monthly Price$1,000
2 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

1204 Hill Ave

Spirit LakeIA51360
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LAKESIDE APTS OF WINDOM
Rent Specials
$1,012 - $1,534

Total Monthly Price

Base Rent$997 - $1,519
Required Monthly Fees$15
Total Monthly Price$1,012 - $1,534
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

LAKESIDE APTS OF WINDOM

1685 N Redding AveWindom, MN 56101
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Windom Landing
$1,100

Total Monthly Price

Base Rent$1,100
Total Monthly Price$1,100
12 Month Lease Term
4 Bedroom Apartments Available Now

Windom Landing

1925 N Redding AveWindom, MN 56101
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  • Utilities Included
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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
Senior Living
  • Utilities Included

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.

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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
  • Utilities Included
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Dodecagon Plaza
1 to 2 Bedroom Apartments

Dodecagon Plaza

1212 S Grand AveSpencer, IA 51301
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Rolfe 20-Unit
1 to 2 Bedroom Apartments

Rolfe 20-Unit

1106-1108 Elm StRolfe, IA 50581
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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
  • Utilities Included
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Heartland Senior Housing
1 to 2 Bedroom Apartments

Heartland Senior Housing

610 Central AveFort Dodge, IA 50501
Senior Living
  • Utilities Included
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Tanglewood Estates
1 to 2 Bedroom Apartments

Tanglewood Estates

1755-1757 4th AveWindom, MN 56101
  • Utilities Included
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Buffalo Ridge Apartments
1 to 2 Bedroom Apartments

Buffalo Ridge Apartments

2107 Nobles StWorthington, MN 56187
Senior Living
  • Utilities Included

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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Royal, IA Local Guide

Cheapest Available Royal Apartments for Rent and Nearby

 

The cheapest available apartment rental in Royal, IA is a 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $425. Rolfe 20-Unit 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 Royal apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Burt 18-Unit (Countryside Properties)1 Bedroom1BR, 1BA$425
Rolfe 20-Unit1 Bedroom1BR, 1BA$495
Eytcheson Estates Welcome1 Bedroom2BR, 1BA$701
Tallgrass VillageStudio ApartmentStudio, 1BA$715
Park View Apartments1 Bed/ 1 Bath1BR, 1BA$725
Sunshine Apartments1 Bedroom and 1 bathroom1BR, 1BA$725
District 42 Apartments & TownhomesFurnished StudioStudio, 1BA$760
Seneca Place Apartments1 Bedroom1BR, 1BA$775
Lewis Hotel ApartmentsStudioStudio, 1BA$800
Okabena Tower 62+1 BR/1 BA1BR, 1BA$827

Best Value Apartments for Rent in Royal, IA and Nearby

As of September 22, 2026 the best value apartment in the Royal area is the $0.90 price per square foot 3Br2Ba Model at Phillips Luxury Apartments starting from $1,860. The second greatest value Royal apartment is the 4bed/2bath Model at Windom Landing starting at $1,100 with a $0.76 price per square foot. Here is today’s list of the best values for Royal apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Phillips Luxury Apartments3Br2Ba3BR, 2BA$0.90
Windom Landing4bed/2bath4BR, 2BA$0.76
Trimont Square Apartments1 Bed, 1 bath1BR, 1BA$1.04
Fair View by KadingCottage - 22BR, 1BA$1.00
Valley Vue Apartments1 Bedroom 1 Bathroom1BR, 1BA$1.14
Nobles Square Apartments2 Bedroom2BR, 1BA$1.11
Eytcheson Estates Welcome1 Bedroom2BR, 1BA$0.93
Chambers2 bedroom2BR, 1BA$1.14
Rolfe 20-Unit2 Bedroom2BR, 1BA$0.97
Sunshine Apartments1 Bedroom and 1 bathroom1BR, 1BA$1.21

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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Navigating 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.

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Real 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.

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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 Royal, IA Rentals by Map

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Frequently Asked Questions about Cheap Royal Apartments

What is the Cheapest Studio apartment in Royal?

Currently the most affordable Cheap Studio Apartment in Royal is at Tallgrass Village listed at $715.

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

The lowest price for a Cheap One Bedroom Royal Apartment is $425 at Burt 18-Unit (Countryside Properties).

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

Today's best deal for a Cheap Two Bedroom Apartment in Royal is starting from $595 at Rolfe 20-Unit.

What is the most affordable Royal Three Bedroom Apartment?

The best deal on a cheap Royal Three Bedroom Apartment rental is at Seneca Place Apartments and starts from $975.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.