Cheap Apartments for Rent in Sheldon, IA from $500 (39 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Prairie Ridge
1 to 3 Bedroom Apartments

Prairie Ridge

1011 16th StSheldon, IA 51201

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.

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.

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.

close
View Me
Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
  • Utilities Included
close
View Me
Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
  • Utilities Included
close
View Me
602 E Warren St
1 to 2 Bedroom Apartments

602 E Warren St

602 E Warren StLuverne, MN 56156
  • Utilities Included
close
View Me
109 E Luverne St
1 to 2 Bedroom Apartments

109 E Luverne St

109 E Luverne StLuverne, MN 56156
  • Utilities Included
close
View Me
Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
  • Utilities Included
close
View Me
Ridgewood Apartments
1 Bedroom Apartments

Ridgewood Apartments

260 S 4th StAkron, IA 51001
Senior Living
  • Utilities Included

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.

close
View Me
Le Mars Estates
2 to 3 Bedroom Apartments

Le Mars Estates

650 4th Ave NELe Mars, IA 51031
  • Utilities Included

Sheldon, IA Local Guide

Cheapest Available Sheldon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sheldon, IA is a 1 Bed unit found at Park View Apartments priced from $725. Aspen Ridge Reserve has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here is today’s list of the most affordable Sheldon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park View Apartments1 Bed/ 1 Bath1BR,1BA$725
Aspen Ridge Reserve1 Bedroom 1 Bathroom Apartment1BR,1BA$735
Briarwood Reserve Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$755
Windcrest Village Apartments & TownhomesStudio ApartmentStudio,1BA$770
Okabena Tower 40+1 BR/1 BA1BR,1BA$785
The Meadows Apartments413 1 BR1BR,1BA$800
Whisper Ridge CommonsApartment Style- StudioStudio,1BA$830
Willows South CommonsStudioStudio,1BA$850
PowderHaus Apartments & TownhomesStudio Apartment (A)Studio,1BA$895
Split Rock VillageStudioStudio,1BA$895

Best Value Apartments for Rent in Sheldon, IA and Nearby

As of July 23, 2025 the best value apartment in the Sheldon area is the $1.06 price per square foot 3 bedroom 2.5 bath Model at Central Park Village in the starting from $1,818. The second greatest value Sheldon apartment is the 3 Bedroom 2.5 Bathroom Model at The Berg starting at $1,649 with a $1.03 price per square foot . Here is today’s list of the best values for Sheldon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Central Park Village3 bedroom 2.5 bath3BR,2.5BA$1.06
The Berg3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
Willows East Commons2 Bedroom 1.5 Bathroom2BR,1.5BA$1.27
Harvest Acres2 Bedroom 2 Bathroom2BR,2BA$1.18
Joslyn Heights Apartments2 Bed 1 Bath Apartment2BR,1BA$1.07
HOME - FIELD APARTMENTS I1BR/1.0BA1BR,1BA$1.27
Ridgeview Residence1 BEDROOM1BR,1BA$1.11
Lincoln Heights1x11BR,1BA$1.19
The Meadows on Graystone1 Bedroom / 1 Bathroom1BR,1BA$1.23
Cypress Pointe Apartments2 Bedroom2BR,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.

decorative image of people with a giant lease agreement

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

Explore Sheldon, IA Rentals by Map

View Map
Sheldon, IA Apartments Map
View Map
Sheldon, IA Rental Homes Map

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

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 Aspen Ridge Reserve listed at $760.

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

The lowest price for a Cheap One Bedroom Sheldon Apartment is $725 at Park View Apartments.

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 $1,295.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.