
Cheap Apartments for Rent in Storm Lake, IA from $660 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in Storm Lake.


Reserves at Storm Lake

Seneca Place Apartments

604 W 9th St

WinnaVegas Villas

Park View Apartments

Tallgrass Village

District 42 Apartments & Townhomes

Valley Park Apartments

Windcrest Village I & II
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.

Lewis Hotel Apartments

Country Estates of Morningside

Total Monthly Price
Fair View by Kading

Chambers

Deer Creek Apartments

East Edge Apartments

The Shores at Spirit Lake

District 29

635 8th Ave SW

Cypress Pointe Apartments
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.

Cypress Pointe Emmetsburg

2nd Avenue Rowhomes

Glen Oaks by Broadmoor

The Banks Apartments

Indian Hills

Country Club Apartments

Phillips Luxury Apartments

Prairie Trail Village

Ridge Oaks

601 W 2ND ST, Unit A
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.

Barrington Park by Broadmoor

Woodland Hills

509 West 1st Street, Unit 1

Avenue East

Willow Creek Place

Dodecagon Plaza

Rolfe 20-Unit

731 Ave C

744 1st St

1219 2nd St
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.

Heartland Senior Housing

505 1/2 11th St

700 Central Ave

919 N 29th St

Fonda Apartments

Woodland Park - Holstein

334 Center St

817 S 16th St

Woodland Park - Manson

122 E Pleasant St
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.
Storm Lake, IA Local Guide

How much does it cost to rent an apartment in Storm Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Storm Lake Studio Apartments | $881 | $660 | $1,330 |
| Storm Lake 1 Bedroom Apartments | $1,031 | $725 | $1,550 |
| Storm Lake 2 Bedroom Apartments | $1,281 | $845 | $1,920 |
| Storm Lake 3 Bedroom Apartments | $1,600 | $1,125 | $1,960 |
| Storm Lake 4 Bedroom Apartments | $1,602 | $1,498 | $1,725 |
Browse Top Apartments in Storm Lake
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Storm Lake, IA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rolfe 20-Unit | 1 Bedroom | 1BR,1BA | $495 |
| WinnaVegas Villas | Efficiency | Studio,1BA | $660 |
| Park View Apartments | 1 Bed/ 1 Bath | 1BR,1BA | $725 |
| Tallgrass Village | Studio Apartment | Studio,1BA | $725 |
| District 42 Apartments & Townhomes | Furnished Studio | Studio,1BA | $760 |
| Seneca Place Apartments | 1 Bedroom | 1BR,1BA | $775 |
| Lewis Hotel Apartments | Studio | Studio,1BA | $800 |
| Fair View by Kading | Cottage - 2 | 2BR,1BA | $845 |
| Chambers | 2 bedroom | 2BR,1BA | $850 |
| Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $850 |
Best Value Apartments for Rent in Storm Lake, IA and Nearby
As of September 13, 2026 the best value apartment in the Storm Lake area is the $0.90 price per square foot 3Br2Ba Model at Phillips Luxury Apartments in the starting from $1,860. The second greatest value Storm Lake apartment is the Evergreen Model at Ridge Oaks starting at $1,080 with a $1.02 price per square foot . Here is today’s list of the best values for Storm Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Phillips Luxury Apartments | 3Br2Ba | 3BR,2BA | $0.90 |
| Ridge Oaks | Evergreen | 2BR,1.5BA | $1.02 |
| Fair View by Kading | Cottage - 2 | 2BR,1BA | $1.00 |
| Avenue East | Townhome | 2BR,1BA | $1.31 |
| Country Club Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.27 |
| Chambers | 2 bedroom | 2BR,1BA | $1.14 |
| Cypress Pointe Apartments | 2 Bedroom | 2BR,1BA | $1.26 |
| Cypress Pointe Emmetsburg | 2 Bedroom | 2BR,1BA | $1.28 |
| Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $0.97 |
| Park View Apartments | 1 Bed/ 1 Bath | 1BR,1BA | $1.34 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Storm Lake, IA
Storm Lake Elementary School
Storm Lake High School
Storm Lake Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Storm Lake, IA Rentals by Map
See the most popular apartments and homes in Storm Lake, IA
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 Seneca Place Apartments and starts from $975.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.