Cheap Homes for Rent in Sheldon, IA from $500 (12 Rentals)

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

property at 820 N Cedar St

820 N Cedar St

LuverneMN56156
property at 1418 Kayla Pl

1418 Kayla Pl

HarrisburgSD57032
property at 301 Luverne St.

301 Luverne St.

MagnoliaMN56158

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 Aspen Ridge Reserve priced from $635. Tallgrass Village Apartments & Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here is today’s list of the most affordable Sheldon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aspen Ridge ReserveStudio ApartmentStudio,1BA$635
Tallgrass Village Apartments & TownhomesStudio ApartmentStudio,1BA$695
Windcrest Village Apartments & Townhomes1 Bed 1 Bath Apartment1BR,1BA$715
Park View Apartments1 Bed/ 1 Bath1BR,1BA$725
Whisper Ridge CommonsStudio (A)Studio,1BA$795

Best Value Apartments for Rent in Sheldon, IA and Nearby

As of October 26, 2025 the best value apartment in the Sheldon area is the $1.03 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$1.03
The Berg3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
Graystone Heights Luxury Apartments2 Bedroom 2 Bathroom Apartment2BR,2BA$1.19
Graystone Townhomes1 Bedroom, 1.5 Bathroom1BR,1.5BA$1.13
Valley Vue Apartments2 Bedroom 2 Bathroom2BR,2BA$1.26
Windcrest Village Apartments & Townhomes2 Bed 1 Bath Apartment2BR,1BA$1.25
Ridgeview Residence1 BEDROOM1BR,1BA$1.11
Lincoln Heights1x11BR,1BA$1.16
The Meadows on Graystone1 Bedroom / 1 Bathroom1BR,1BA$1.26
Cypress Pointe Apartments2 Bedroom2BR,1BA$1.26

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Location, Location, Location!

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Frequently Asked Questions about Sheldon

What type of rentals are currently available in Sheldon?

There are currently 55 Apartments for Rent in Sheldon, IA with pricing that ranges from $635 to $3,638. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sheldon ranging from $599 to $3,950.

What is the current price range for Rental Homes in Sheldon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sheldon ranges from $599 to $3,950 with an average monthly rent of $1,875.

How much are larger Three and Four Bedroom Rentals in Sheldon?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Sheldon range from $1,230 to $3,638, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,150. Four Bedroom Single-Family rentals are also available starting from $999 and Four Bedroom Apartments start at $1,825.

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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.