Cheap Apartments for Rent in Sheldon, IA from $400 (68 Rentals)

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

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Prairie Ridge
1 to 3 Bedroom Apartments

Prairie Ridge

1011 16th StSheldon, IA 51201
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321 Sheldon
2 Bedroom Apartments

321 Sheldon

321 9th StSheldon, IA 51201

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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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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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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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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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
Senior Living
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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

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

Dodecagon Plaza

1212 S Grand AveSpencer, IA 51301
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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
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Buffalo Ridge Apartments
1 to 2 Bedroom Apartments

Buffalo Ridge Apartments

2107 Nobles StWorthington, MN 56187
Senior Living
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City Centre Apartments
Studio to 3 Bedroom Apartments

City Centre Apartments

109 E Luverne StLuverne, MN 56156
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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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Sheldon, IA Local Guide

Cheapest Available Sheldon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sheldon, IA is a Studio unit found at Ridgeview Place Apartments in the Mystic Meadows neighborhood priced from $599. Sunshine Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Sheldon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview Place Apartments0BR/1.0BAStudio,1BA$599
Sunshine Apartments1 Bedroom and 1 bathroom1BR,1BA$725
Grand Teton Estates Apartments1BR/1.0BA1BR,1BA$775
Lewis Hotel ApartmentsStudioStudio,1BA$800
The Meadows Apartments411 1 BR1BR,1BA$800
Whisper Ridge CommonsStudio (A)Studio,1BA$814
Willows South CommonsStudioStudio,1BA$825
Okabena Tower 62+1 BR/1 BA1BR,1BA$827
Briarwood Reserve Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$835
Fair View by KadingCottage - 22BR,1BA$845

Best Value Apartments for Rent in Sheldon, IA and Nearby

As of July 26, 2026 the best value apartment in the Sheldon area is the $1.03 price per square foot 3 Bedroom 2.5 Bathroom Model at The Berg in the starting from $1,649. The second greatest value Sheldon apartment is the 4 Bed 2.5 Bath Townhome Model at Tallgrass Village starting at $1,740 with a $1.20 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.
The Berg3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
Tallgrass Village4 Bed 2.5 Bath Townhome4BR,2.5BA$1.20
321 Sheldon2/12BR,1BA$0.78
Valley Vue Apartments3 Bedroom 2 Bathroom3BR,2BA$1.20
Graystone Heights Luxury Apartments2 Bedroom 2 Bathroom Apartment2BR,2BA$1.23
Augusta Townhomes2 Bedroom 2 Bathroom2BR,2BA$1.23
Lincoln Heights2 Bed Townhome - West Side2BR,1.5BA$1.19
Fair View by KadingCottage - 22BR,1BA$1.00
Nobles Square Apartments2 Bedroom2BR,1BA$1.11
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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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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Sheldon, IA

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

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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 Ridgeview Place Apartments listed at $599.

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

The lowest price for a Cheap One Bedroom Sheldon Apartment is $725 at Sunshine 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 $800 at Grand Teton Estates Apartments.

What is the most affordable Sheldon Three Bedroom Apartment?

The best deal on a cheap Sheldon Three Bedroom Apartment rental is at Fair View by Kading and starts from $1,245.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.