Cheap Apartments for Rent near Tracy, IA from $395 (67 Rentals)

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

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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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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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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Stella Townhomes
1 to 4 Bedroom Apartments

Stella Townhomes

1236 Bliss StreetGrinnell, IA 50112
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17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard StColfax, IA 50054
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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
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1833 Curtis Ave
1 to 2 Bedroom Apartments

1833 Curtis Ave

1833 Curtis AveChariton, IA 50049
Corporate Housing
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Tisdale Apartments
2 Bedroom Apartments

Tisdale Apartments

232 E 4th StOttumwa, IA 52501
  • 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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Williams Terrace
1 to 2 Bedroom Apartments

Williams Terrace

1603 N 9th StIndianola, IA 50125
Senior Living

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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Tracy, IA Local Guide

Cheapest Available Tracy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tracy, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. Next Level Apartments - Easton Village in the Easton Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Tracy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserves at South Lake1B1B1BR,1BA$395
Next Level Apartments - Easton VillageA11BR,1BA$695
110 N Maple St2-bedroom2BR,1BA$700
Foxwood ApartmentsA21BR,1BA$700
Woodland Heights1 Bed 1 Bath1BR,1BA$710
Dennis Park ApartmentsB12BR,1BA$744
Carlisle Park Apartments1BR Ground1BR,1BA$750
Indianola Park II Apartments1BR Upper1BR,1BA$750
Indianola Park Apartments1BR Upper1BR,1BA$750
Hotel Maytag Apartments1 bedroom A1BR,1BA$750

Best Value Apartments for Rent in Tracy, IA and Nearby

As of September 11, 2026 the best value apartment in the Tracy area is the $1.04 price per square foot Cottage - 3 Model at Terrace View by Kading in the starting from $1,295. The second greatest value Tracy apartment is the Villa Model at Walnut Pointe starting at $1,040 with a $1.03 price per square foot in the Jasper County neighborhood. Here is today’s list of the best values for Tracy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terrace View by KadingCottage - 33BR,2BA$1.04
Walnut PointeVilla3BR,1BA$1.03
Orchard MeadowsB1 Partially Renovated2BR,1BA$0.90
Walnut Creek Apartments2 BD Upgraded2BR,1BA$1.05
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.93
Dennis Park ApartmentsB12BR,1BA$0.93
110 N Maple St2-bedroom2BR,1BA$0.88
The Reserves at South Lake2B1B2BR,1BA$0.59
Deer Run ApartmentsB12BR,1BA$0.99
Next Level Apartments - Easton VillageA11BR,1BA$1.07

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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Navigating 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.

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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 Tracy Apartments

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

The lowest price for a Cheap One Bedroom Tracy Apartment is $695 at Next Level Apartments - Easton Village.

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

Today's best deal for a Cheap Two Bedroom Apartment in Tracy is starting from $470 at The Reserves at South Lake.

What is the most affordable Tracy Three Bedroom Apartment?

The best deal on a cheap Tracy Three Bedroom Apartment rental is at Next Level Apartments - Easton Village and starts from $858.

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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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.

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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.

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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.

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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.