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

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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.

property at 116 N 5th St

116 N 5th St

BurlingtonIA52601

The 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.

Selma, IA Local Guide

Cheapest Available Selma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Selma, IA is a 2 Beds unit found at Mediapolis Village priced from $495. Northern Plains by Kading has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Selma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mediapolis VillageUnit 392BR,1BA$495
Northern Plains by KadingCottage - 22BR,1BA$695
Alice Place West Burlington1-Bedroom ADA1BR,1BA$740
Bel Aire Apartments2 Bedroom2BR,1BA$745
Park Madison Apartments1BR/1BA1BR,1BA$750

Best Value Apartments for Rent in Selma, IA and Nearby

As of August 28, 2025 the best value apartment in the Selma area is the $0.89 price per square foot Churchill Lofts - 316 Model at Churchill Lofts in the in the Ginger Ridge neighborhood starting from $1,498. The second greatest value Selma apartment is the Blaul Lofts - 215 Model at Blaul Lofts starting at $1,448 with a $0.98 price per square foot in the Ginger Ridge neighborhood. Here is today’s list of the best values for Selma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Churchill LoftsChurchill Lofts - 3162BR,1BA$0.89
Blaul LoftsBlaul Lofts - 2152BR,1BA$0.98
Fairfield EstatesUnit 814BR,2BA$0.84
Mediapolis VillageUnit 414BR,2BA$0.84
Westland Village2x12BR,1BA$0.89
Orchards & Woodlands2BR/1.0BA2BR,1BA$0.87
Orchard Meadows ApartmentsB1 Partially Renovated2BR,1BA$1.08
Northern Plains by KadingCottage - 22BR,1BA$0.83
Louden LoftsTwo Bedroom2BR,2BA$1.00
Park Madison Apartments1BR/1BA1BR,1BA$1.00

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

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Frequently Asked Questions about Selma

What type of rentals are currently available in Selma?

There are currently 50 Apartments for Rent in Selma, IA with pricing that ranges from $495 to $1,900. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Selma ranging from $560 to $3,700.

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 $560 to $3,700 with an average monthly rent of $1,457.

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 $900 to $3,700. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $897.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.