Cheap Apartments for Rent in Sheldon, IA from $500 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Sheldon.

907 5th St

Windcrest Village Apartments & Townhomes

Aspen Ridge Reserve

Briarwood Reserve Apartments

The Meadows Apartments

Whisper Ridge Commons
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.

Tallgrass Village Apartments & Townhomes

Willows South Commons

Split Rock Village

The Wondery

Silverthorne Flats

The Meadows on Graystone
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

PowderHaus Apartments & Townhomes

City's Edge

Welcome to Huntington Village

Joslyn Heights Apartments

HOME - FIELD APARTMENTS I
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

121 N Cleveland Ave
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.

314 N Van Eps Ave

109 E Cedar St

102 Honeysuckle Ln

1011 S Cleveland Ave
Sheldon, IA Local Guide

How much does it cost to rent an apartment in Sheldon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sheldon Studio Apartments | $874 | $730 | $1,305 |
Sheldon 1 Bedroom Apartments | $1,034 | $755 | $2,545 |
Sheldon 2 Bedroom Apartments | $1,406 | $875 | $3,005 |
Sheldon 3 Bedroom Apartments | $1,692 | $1,275 | $2,785 |
Sheldon 4 Bedroom Apartments | $2,197 | $2,100 | $2,295 |
Browse Top Apartments in Sheldon
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Sheldon, IA Local Guide
- Nearby Cities
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Cheapest Available Sheldon Apartments for Rent and Nearby
 The cheapest available apartment rental in Sheldon, IA is a Studio unit found at Windcrest Village Apartments & Townhomes priced from $740. Aspen Ridge Reserve has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here is today’s list of the most affordable Sheldon apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Windcrest Village Apartments & Townhomes | Studio Apartment | Studio,1BA | $740 |
Aspen Ridge Reserve | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $755 |
Okabena Tower 40+ | 1 BR/1 BA | 1BR,1BA | $785 |
The Meadows Apartments | 413 1 BR | 1BR,1BA | $800 |
Whisper Ridge Commons | Apartment Style- Studio | Studio,1BA | $830 |
Willows South Commons | Studio | Studio,1BA | $850 |
Park View Apartments | 2 Bedroom / 1 Bath | 2BR,1BA | $875 |
Briarwood Reserve Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $880 |
The Wondery | Lore - Apartment(AP1F) | 1BR,1BA | $900 |
Cypress Pointe Apartments | 2 Bedroom | 2BR,1BA | $906 |
Best Value Apartments for Rent in Sheldon, IA and Nearby
As of June 07, 2025 the best value apartment in the Sheldon area is the $1.13 price per square foot 2 Bedrooms, 3.5 Bathrooms Model at The Queue Townhomes in the in the Southeast Sioux Falls neighborhood starting from $2,250. The second greatest value Sheldon apartment is the 3 bedroom 2.5 bath Model at Central Park Village starting at $1,818 with a $1.06 price per square foot . Here is today’s list of the best values for Sheldon apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Queue Townhomes | 2 Bedrooms, 3.5 Bathrooms | 2BR,3.5BA | $1.13 |
Central Park Village | 3 bedroom 2.5 bath | 3BR,2.5BA | $1.06 |
The Berg | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.03 |
The Bluffs at Willow Run | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.13 |
Joslyn Heights Apartments | 2 Bed 1 Bath Apartment | 2BR,1BA | $1.12 |
Ridgeview Residence | 1 BEDROOM | 1BR,1BA | $1.11 |
Lincoln Heights | 1x1 | 1BR,1BA | $1.19 |
The Meadows on Graystone | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.23 |
Cypress Pointe Apartments | 2 Bedroom | 2BR,1BA | $1.26 |
Park View Apartments | 2 Bedroom / 1 Bath | 2BR,1BA | $1.26 |
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.
Best Local Schools in Sheldon, IA
East Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sheldon, IA Rentals by Map
See the most popular apartments and homes in Sheldon, IA
Getting Around Sheldon, IA
Walk Score®
21 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Sheldon Apartments
What is the Cheapest Studio apartment in Sheldon?
Currently the most affordable Cheap Studio Apartment in Sheldon is at Windcrest Village Apartments & Townhomes listed at $730.
How much is rent for a Cheap One Bedroom Sheldon Apartment?
The lowest price for a Cheap One Bedroom Sheldon Apartment is $755 at Aspen Ridge Reserve.
What is the lowest price for a Cheap Two Bedroom Sheldon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Sheldon is starting from $875 at Park View Apartments.
What is the most affordable Sheldon Three Bedroom Apartment?
The best deal on a cheap Sheldon Three Bedroom Apartment rental is at Lincoln Heights and starts from $1,275.
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 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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.