Cheap Apartments for Rent in Sumner, IA from $300 (16 Rentals)

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

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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131 S Vine St
1 to 2 Bedroom Apartments

131 S Vine St

131 S Vine StWest Union, IA 52175
  • Utilities Included
property at 208 W Main St

$675 - $775

1 To 2 Bedroom Rentals

Available Now

208 W Main St

DunkertonIA50626

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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124-136 Earl St
1 to 2 Bedroom Apartments

124-136 Earl St

124-136 Earl StEvansdale, IA 50707

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.

Sumner, IA Local Guide

Cheapest Available Sumner Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sumner, IA is a 4 Beds unit found at Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $350. The Meadows Apartments in the Southlawn Court neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Sumner apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Residences on College Hill4 Bed 1 Bath Apartment4BR,1BA$350
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$620
Russell LamsonStudioStudio,1BA$695
Kent CircleUpdated Cozy 1 Bedroom / 1 Bath Apartment in SW...1BR,1BA$760
Falls Edge StudiosStudio B REVStudio,1BA$815

Best Value Apartments for Rent in Sumner, IA and Nearby

As of May 09, 2026 the best value apartment in the Sumner area is the $1.19 price per square foot 1st Month Free Model at Riverwalk Residences in the in the Downtown Waterloo neighborhood starting from $1,250. The second greatest value Sumner apartment is the Third Floor Model at Rush Mills: 505 Enterprise starting at $1,350 with a $1.28 price per square foot . Here is today’s list of the best values for Sumner apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverwalk Residences1st Month Free2BR,2BA$1.19
Rush Mills: 505 EnterpriseThird Floor2BR,2BA$1.28
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
Legacy Manor of Waterloo - 55+ Living2 bedroom2BR,2BA$0.94
Rolling Meadows Apartments3 bedroom/2bath3BR,2BA$0.96
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.02
Residences on College Hill4 Bed 1 Bath Apartment4BR,1BA$0.39
Leavitt Park Apartments - Waterloo, IA***FIRST MONTH FREE!*** 2 Bed 1 Bath | Leavitt ...2BR,1BA$1.31
Union at North Crossing1 Bed 1 Bath1BR,1BA$1.23
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$1.03

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

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Frequently Asked Questions about Cheap Sumner Apartments

What is the Cheapest Studio apartment in Sumner?

Currently the most affordable Cheap Studio Apartment in Sumner is at Russell Lamson listed at $695.

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

The lowest price for a Cheap One Bedroom Sumner Apartment is $620 at The Meadows Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Sumner is starting from $750 at The Meadows Apartments.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.