Cheap Apartments for Rent in Thayer, IA from $500 (53 Rentals)

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Alice Place at Norwalk
Rent Specials
$650 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$650 - $1,350
Total Monthly Price
$650 - $1,350
Studio to 2 Bedroom Apartments Available Now

Alice Place at Norwalk

9310 Marketplace DrNorwalk, IA 50211
Senior Living
  • Verified
  • Utilities Included
  • Low Income

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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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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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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1833 Curtis Ave
1 to 2 Bedroom Apartments

1833 Curtis Ave

1833 Curtis AveChariton, IA 50049
Corporate Housing
  • Utilities Included

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.

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The Bridges
1 to 2 Bedroom Apartments

The Bridges

1111 N 8th AveWinterset, IA 50273
  • Utilities Included
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Indianola Park 1
1 to 2 Bedroom Apartments

Indianola Park 1

902 N 14th StIndianola, IA 50125
  • Utilities Included
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Williams Terrace
1 to 2 Bedroom Apartments

Williams Terrace

1603 N 9th StIndianola, IA 50125
Senior Living

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Thayer, IA Local Guide

Cheapest Available Thayer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Thayer, IA is a 1 Bed unit found at Foxwood Apartments in the Easton Park neighborhood priced from $722. Sunset Apartments in the Prairie View neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Thayer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Foxwood ApartmentsA11BR,1BA$722
Sunset ApartmentsStudio, 1 baStudio,1BA$725
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755
Woodland Park - Fontanelle1 BR1BR,1BA$775
Fountain TerraceNeptuneStudio,1BA$795
Fish CreekB1 - Classic2BR,1BA$825
Dennis Park ApartmentsB12BR,1BA$843
Deer Run ApartmentsB12BR,1BA$857
Linden East ApartmentsTwo Bed2BR,1BA$900
High PointeTahoe1BR,1BA$930

Best Value Apartments for Rent in Thayer, IA and Nearby

As of May 07, 2026 the best value apartment in the Thayer area is the $1.13 price per square foot Platinum Pointe - 4 Bed Model at Platinum Pointe Townhomes in the starting from $2,700. The second greatest value Thayer apartment is the 3 Bedroom, Single-story Townhomes for rent in C... Model at Northern Plains by Kading starting at $985 with a $0.79 price per square foot . Here is today’s list of the best values for Thayer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Platinum Pointe TownhomesPlatinum Pointe - 4 Bed4BR,3BA$1.13
Northern Plains by Kading3 Bedroom, Single-story Townhomes for rent in C...3BR,2BA$0.79
Linden West2 bed 2 bath w/out laundry2BR,2BA$1.05
Country Club Estates3 Bedroom 2 Bathroom3BR,2BA$0.93
Osceola Heights3 Bedroom, Single-story Townhomes for rent in...3BR,1BA$1.00
Lincoln Ridge by KadingVilla3BR,1BA$1.10
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Dennis Park ApartmentsB12BR,1BA$1.05
Deer Run ApartmentsB12BR,1BA$1.07
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95

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

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Frequently Asked Questions about Cheap Thayer Apartments

What is the Cheapest Studio apartment in Thayer?

Currently the most affordable Cheap Studio Apartment in Thayer is at Sunset Apartments listed at $725.

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

The lowest price for a Cheap One Bedroom Thayer Apartment is $722 at Foxwood Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Thayer is starting from $755 at Summit House Apartments.

What is the most affordable Thayer Three Bedroom Apartment?

The best deal on a cheap Thayer Three Bedroom Apartment rental is at Country Club Estates and starts from $950.

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.