Cheap Apartments for Rent in University Park, IA from $400 (69 Rentals)

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

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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Stella Townhomes
1 to 4 Bedroom Apartments

Stella Townhomes

1236 Bliss StreetGrinnell, IA 50112
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Grant Terrace Apartments
1 to 2 Bedroom Apartments

Grant Terrace Apartments

715 B Ave EOskaloosa, IA 52577
Senior Living
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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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Louden Lofts
Studio to 3 Bedroom Apartments

Louden Lofts

607 W Broadway AveFairfield, IA 52556
  • 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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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
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SOUTHERN HILLS
1 to 3 Bedroom Apartments

SOUTHERN HILLS

202 18th AveOskaloosa, IA 52577
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425 McClellan St
1 to 2 Bedroom Apartments

425 McClellan St

425 McClellan StTama, IA 52339
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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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Blue - 1302
Studio to 1 Bedroom Apartments

Blue - 1302

1302 S 11th StOskaloosa, IA 52577
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Kemble Place Apartments
Studio to 2 Bedroom Apartments

Kemble Place Apartments

302 N 11th StOskaloosa, IA 52577
  • Utilities Included

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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University Park, IA Local Guide

Cheapest Available University Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in University Park, IA is a 2 Beds unit found at 110 N Maple St priced from $700. Woodland Heights has the second lowest priced unit, which is a 1 Bed apartment currently listed from $710. Here is today’s list of the most affordable University Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
110 N Maple St2-bedroom2BR,1BA$700
Woodland Heights1 Bed 1 Bath1BR,1BA$710
Foxwood ApartmentsA11BR,1BA$718
Tisdale Apartments2 Bedroom2BR,1BA$720
Hotel Maytag Apartments1 bedroom A1BR,1BA$725
Orchard MeadowsB1 Partially Renovated2BR,1BA$795
Southtown ApartmentsB12BR,1BA$803
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$805
409 4th St NE2BR 1BA2BR,1BA$810
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$825

Best Value Apartments for Rent in University Park, IA and Nearby

As of June 01, 2026 the best value apartment in the University Park area is the $1.00 price per square foot 3 bed 2 bath Model at Sunset Terrace in the in the Easton Park neighborhood starting from $1,220. The second greatest value University Park apartment is the 2 bed 2 bath w/out laundry Model at Linden West starting at $1,100 with a $1.05 price per square foot in the Easton Park neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Terrace3 bed 2 bath3BR,2BA$1.00
Linden West2 bed 2 bath w/out laundry2BR,2BA$1.05
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.83
SUNDANCE NEWTON APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$1.02
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Orchard MeadowsB1 Partially Renovated2BR,1BA$0.90
Southtown ApartmentsB12BR,1BA$0.94
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
110 N Maple St2-bedroom2BR,1BA$0.88
Tisdale Apartments2 Bedroom2BR,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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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!

Explore University Park, IA Rentals by Map

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Frequently Asked Questions about Cheap University Park Apartments

How much is rent for a Cheap One Bedroom University Park Apartment?

The lowest price for a Cheap One Bedroom University Park Apartment is $710 at Woodland Heights.

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

Today's best deal for a Cheap Two Bedroom Apartment in University Park is starting from $700 at 110 N Maple St.

What is the most affordable University Park Three Bedroom Apartment?

The best deal on a cheap University Park Three Bedroom Apartment rental is at Woodland Heights and starts from $820.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.