
Cheap Homes for Rent in Selma, IA from $500 (11 Rentals)
Cheap Homes in Selma.


43 Doyle Way

61 Midtown Ln

2545 N Co Rd 1740

121 S Ash St
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.

16 Cascade Dr

14876 Washington Rd

116 N 4th St

116 N 5th St

404 N Pine St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

903 N Roche St
Selma, IA Local Guide

How much does it cost to rent a home in Selma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Selma 2 Bedroom Homes for Rent | $1,141 | $696 | $2,100 |
Selma 3 Bedroom Homes for Rent | $1,045 | $755 | $1,395 |
Selma 4 Bedroom Homes for Rent | $1,711 | $623 | $2,800 |
Selma 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Selma
Explore Selma
Selma, IA Local Guide
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Cheapest Available Selma Apartments for Rent and Nearby
 The cheapest available apartment rental in Selma, IA is a 1 Bed unit found at Bel Aire Apartments in the Ginger Ridge neighborhood priced from $695. Park Madison Apartments in the Ginger Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Selma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bel Aire Apartments | 1 Bedroom | 1BR,1BA | $695 |
Park Madison Apartments | 1BR/1BA | 1BR,1BA | $700 |
Green Gable Cottages | Green Gable - Memorial Park Rd | 1BR,1BA | $750 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $760 |
The Burlington Apartments | 1BR/1BA | 1BR,1BA | $795 |
Best Value Apartments for Rent in Selma, IA and Nearby
As of May 09, 2025 the best value apartment in the Selma area is the $0.93 price per square foot Churchill Lofts - 301 Model at Churchill Lofts in the in the Ginger Ridge neighborhood starting from $998. The second greatest value Selma apartment is the 1 Bedroom and 1 Bath Model at School House Apartments starting at $800 with a $0.89 price per square foot in the Pershing Place neighborhood. Here is today’s list of the best values for Selma apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Churchill Lofts | Churchill Lofts - 301 | 2BR,1BA | $0.93 |
School House Apartments | 1 Bedroom and 1 Bath | 1BR,1BA | $0.89 |
Summer Street Apartments | Apartment 1 | 2BR,1BA | $1.00 |
Orchard Lane Apartments | 2BR/1.0BA | 2BR,1BA | $0.96 |
Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $1.07 |
Blaul Lofts | Blaul Lofts - 407 | 1BR,1BA | $1.02 |
Louden Lofts | Two Bedroom | 2BR,2BA | $1.00 |
Park Madison Apartments | 1BR/1BA | 1BR,1BA | $0.93 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $1.09 |
Bel Aire Apartments | 2 Bedroom | 2BR,1BA | $1.19 |
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Frequently Asked Questions about Selma
What type of rentals are currently available in Selma?
There are currently 45 Apartments for Rent in Selma, IA with pricing that ranges from $615 to $1,900. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Selma ranging from $585 to $3,000.
What is the current price range for Rental Homes in Selma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Selma ranges from $585 to $3,000 with an average monthly rent of $1,461.
How much are larger Three and Four Bedroom Rentals in Selma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Selma range from $820 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $755 to $1,395. Four Bedroom Single-Family rentals are also available starting from $623 and Four Bedroom Apartments start at $1,058.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.