
Cheap Homes for Rent in University Park, IA from $400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in University Park.


304 S 2nd St

124 S 2nd St

310 N 1st St

209 E Franklin 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.

108 N 1st St

306 Central Dr

107 S 6th St

1220 E 37th Ct

726 E 8th St N
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.

310 W Jefferson St
University Park, IA Local Guide

How much does it cost to rent a home in University Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park 2 Bedroom Homes for Rent | $1,426 | $995 | $2,200 |
| University Park 3 Bedroom Homes for Rent | $1,736 | $485 | $2,950 |
| University Park 4 Bedroom Homes for Rent | $2,100 | $2,000 | $2,200 |
Browse Top Homes for Rent in University Park
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University Park, IA Local Guide
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Cheapest Available University Park Apartments for Rent and Nearby
 The cheapest available apartment rental in University Park, IA is a 1 Bed unit found at Next Level Apartments - Easton Village in the Easton Park neighborhood priced from $695. Tisdale Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $720. Here is today’s list of the most affordable University Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Next Level Apartments - Easton Village | A1 | 1BR,1BA | $695 |
| Tisdale Apartments | 2 Bedroom | 2BR,1BA | $720 |
| Foxwood Apartments | A1 | 1BR,1BA | $721 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $725 |
| Orchard Meadows | B1 Classic | 2BR,1BA | $750 |
Best Value Apartments for Rent in University Park, IA and Nearby
As of May 08, 2026 the best value apartment in the University Park area is the $1.05 price per square foot 2 bed 2 bath w/out laundry Model at Linden West in the in the Easton Park neighborhood starting from $1,100. The second greatest value University Park apartment is the 2 Bedroom 1 Bathroom Model at THE ARBORS APARTMENTS starting at $825 with a $0.83 price per square foot in the East Gate Estates neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Linden West | 2 bed 2 bath w/out laundry | 2BR,2BA | $1.05 |
| THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
| Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
| Orchard Meadows | B1 Classic | 2BR,1BA | $0.85 |
| Walnut Creek Apartments | 2 BD Legacy | 2BR,1BA | $1.00 |
| SUNDANCE NEWTON APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $0.90 |
| Dennis Park Apartments | B1 | 2BR,1BA | $1.05 |
| Woodland Heights | 2 Bed 1 Bath | 2BR,1BA | $1.04 |
| Tisdale Apartments | 2 Bedroom | 2BR,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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about University Park
What type of rentals are currently available in University Park?
There are currently 68 Apartments for Rent in University Park, IA with pricing that ranges from $470 to $2,873. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $485 to $5,000.
What is the current price range for Rental Homes in University Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Park ranges from $485 to $5,000 with an average monthly rent of $1,767.
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

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.

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.

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.

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.