Cheap Homes for Rent in Urbana, IA from $500 (9 Rentals)

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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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Urbana, IA Local Guide

Cheapest Available Urbana Apartments for Rent and Nearby

 

The cheapest available apartment rental in Urbana, IA is a 1 Bed unit found at Azure Apartments priced from $495. Woodcrest Apartments in the Usher's Ferry Historic Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Urbana apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Azure Apartments1bd1BR,1BA$495
Woodcrest Apartments1BR/1BA1BR,1BA$600
Forest Ridge Apartments1 Bedroom 1 Bath1BR,1BA$625

Best Value Apartments for Rent in Urbana, IA and Nearby

As of May 29, 2025 the best value apartment in the Urbana area is the $0.95 price per square foot 2x1 Model at St. Andrews Apartments in the in the Kenwood Park neighborhood starting from $906. The second greatest value Urbana apartment is the 2 Beds 1 Bath Model at Cypress Pointe starting at $950 with a $1.03 price per square foot in the Downtown Cedar Rapids neighborhood. Here is today’s list of the best values for Urbana apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
St. Andrews Apartments2x12BR,1BA$0.95
Cypress Pointe2 Beds 1 Bath2BR,1BA$1.03
Cambridge TownhomesTwo Bedroom, One Bath2BR,1BA$0.96
Crestwood Ridge Apartments2 Beds, 2 baths2BR,2BA$0.76
Westgate ApartmentsTwo Bedroom2BR,1BA$1.06
Cedar Trail VillageTwo Bedroom with Balcony/Patio2BR,1BA$1.02
Blair Ridge2 Beds 1 Bath2BR,1BA$1.03
Overlook 3802 Bedroom2BR,1BA$0.99
Forest Ridge Apartments1 Bedroom 1 Bath1BR,1BA$1.07
Azure Apartments1bd1BR,1BA$0.95

Quick Rent Budget Calculator

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Frequently Asked Questions about Urbana

What type of rentals are currently available in Urbana?

There are currently 38 Apartments for Rent in Urbana, IA with pricing that ranges from $495 to $97,500. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Urbana ranging from $525 to $1,995.

What is the current price range for Rental Homes in Urbana?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Urbana ranges from $525 to $1,995 with an average monthly rent of $1,220.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.