Cheap Homes for Rent in Sheldon, IA from $700 (9 Rentals)

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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.

property at 1010 E 3rd St

$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

1010 E 3rd St

CantonSD57013

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.

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. The Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. 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
The Meadows Apartments411 1 BR1BR,1BA$800
Lewis Hotel ApartmentsStudioStudio,1BA$800

Best Value Apartments for Rent in Sheldon, IA and Nearby

As of March 20, 2026 the best value apartment in the Sheldon area is the $0.97 price per square foot 3 bedroom 2.5 bath Model at Central Park Village in the starting from $1,718. 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$0.97
The Berg3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
Graystone Townhomes3 Bedroom, 2.5 Bathroom3BR,2.5BA$1.25
Welcome to Huntington VillageCottonwood2BR,2BA$1.17
Lincoln Heights3 Bed Townhome3BR,1.5BA$1.23
HOME - FIELD APARTMENTS I2BR/1.0BA2BR,1BA$1.12
Valley Vue Apartments2 Bedroom 2 Bathroom2BR,2BA$1.21
Joslyn Heights Apartments2 Bed 1 Bath Apartment2BR,1BA$1.04
The Meadows on Graystone1 Bedroom / 1 Bathroom1BR,1BA$1.23
Cypress Pointe Apartments2 Bedroom2BR,1BA$1.26

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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

Explore Sheldon, IA Rentals by Map

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Frequently Asked Questions about Sheldon

What type of rentals are currently available in Sheldon?

There are currently 61 Apartments for Rent in Sheldon, IA with pricing that ranges from $599 to $2,785. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sheldon ranging from $700 to $3,995.

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 $700 to $3,995 with an average monthly rent of $1,903.

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 $965 to $2,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,600.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.