Cheap Apartments for Rent in Storm Lake, IA from $400 (39 Rentals)

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

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Reserves at Storm Lake
2 to 3 Bedroom Apartments

Reserves at Storm Lake

1500 Seneca StStorm Lake, IA 50588
  • Utilities Included

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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property at 404 W 1st St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

404 W 1st St

Lake ParkIA51347

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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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
Senior Living
  • Utilities Included
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Dodecagon Plaza
1 to 2 Bedroom Apartments

Dodecagon Plaza

1212 S Grand AveSpencer, IA 51301
  • Utilities Included
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Rolfe 20-Unit
1 to 2 Bedroom Apartments

Rolfe 20-Unit

1106-1108 Elm StRolfe, IA 50581
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Heartland Senior Housing
1 to 2 Bedroom Apartments

Heartland Senior Housing

610 Central AveFort Dodge, IA 50501
Senior Living
  • Utilities Included

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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919 N 29th St
1 Bedroom Apartments

919 N 29th St

919 N 29th StFort Dodge, IA 50501
  • Utilities Included
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Fonda Apartments
1 to 2 Bedroom Apartments

Fonda Apartments

304 Fairburn StFonda, IA 50540
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Woodland Park - Holstein
1 Bedroom Apartments

Woodland Park - Holstein

400 Minnesota StHolstein, IA 51025
Senior Living
  • Utilities Included
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Le Mars Estates
2 to 3 Bedroom Apartments

Le Mars Estates

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

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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Showing Results 1-39, Page 1 of 1

Storm Lake, IA Local Guide

Cheapest Available Storm Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Storm Lake, IA is a 1 Bed unit found at Rolfe 20-Unit priced from $495. WinnaVegas Villas has the second lowest priced unit, which is a Studio apartment currently listed from $660. Here is today’s list of the most affordable Storm Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rolfe 20-Unit1 Bedroom1BR,1BA$495
WinnaVegas VillasEfficiencyStudio,1BA$660
Woodland Park - Manson1 BR1BR,1BA$725
Lewis Hotel ApartmentsStudioStudio,1BA$800
Fair View by KadingCottage - 22BR,1BA$845
Seneca Place Apartments2 Bedroom2BR,1BA$875
Park View Apartments2 Bedroom / 1 Bath2BR,1BA$875
Country Estates at MorningsideIvy1BR,1BA$880
The Shores at Spirit LakeStudio ApartmentStudio,1BA$880
635 8th Ave SWONE BED ROOM APARTMENT1BR,1BA$900

Best Value Apartments for Rent in Storm Lake, IA and Nearby

As of July 30, 2026 the best value apartment in the Storm Lake area is the $1.15 price per square foot 3 Bed 2 Bath Townhome Model at Tallgrass Village in the starting from $1,665. The second greatest value Storm Lake apartment is the 3 Bedroom Updated Model at Lincoln Woods starting at $1,245 with a $1.04 price per square foot . Here is today’s list of the best values for Storm Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tallgrass Village3 Bed 2 Bath Townhome3BR,2BA$1.15
Lincoln Woods3 Bedroom Updated3BR,1BA$1.04
East High LoftsB32BR,1BA$1.23
Country Club Apartments3 Bed, 2 Bath3BR,2BA$1.36
Fair View by KadingCottage - 22BR,1BA$1.00
Seneca Place Apartments2 Bedroom2BR,1BA$1.12
Cypress Pointe Apartments2 Bedroom2BR,1BA$1.26
Cypress Pointe Emmetsburg2 Bedroom2BR,1BA$1.28
Park View Apartments2 Bedroom / 1 Bath2BR,1BA$1.26
Rolfe 20-Unit2 Bedroom2BR,1BA$0.97

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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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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Best Local Schools in
Storm Lake, IA

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

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Frequently Asked Questions about Cheap Storm Lake Apartments

What is the Cheapest Studio apartment in Storm Lake?

Currently the most affordable Cheap Studio Apartment in Storm Lake is at WinnaVegas Villas listed at $660.

How much is rent for a Cheap One Bedroom Storm Lake Apartment?

The lowest price for a Cheap One Bedroom Storm Lake Apartment is $495 at Rolfe 20-Unit.

What is the lowest price for a Cheap Two Bedroom Storm Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Storm Lake is starting from $595 at Rolfe 20-Unit.

What is the most affordable Storm Lake Three Bedroom Apartment?

The best deal on a cheap Storm Lake Three Bedroom Apartment rental is at Lincoln Woods 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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 First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.