Cheap Homes for Rent in Urbana, IA from $600 (13 Rentals)

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property at 420 Water St

$650 - $725

1 To 2 Bedroom Rentals

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420 Water St

Center PointIA52213

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.

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.

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. The Pointe at Cedar Rapids in the Kenwood Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $543. Here is today’s list of the most affordable Urbana apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Azure Apartments1bd1BR,1BA$495
The Pointe at Cedar RapidsStonewood 1 bedroom1BR,1BA$543
Forest Ridge Apartments1 Bedroom 1 Bath1BR,1BA$640
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Oakview1-Bedroom1BR,1BA$675

Best Value Apartments for Rent in Urbana, IA and Nearby

As of January 22, 2026 the best value apartment in the Urbana area is the $1.04 price per square foot Two Bedroom, One Bath Model at Cambridge Townhomes in the in the Usher's Ferry Historic Village neighborhood starting from $945. The second greatest value Urbana apartment is the Two Bedroom Model at Westgate Apartments starting at $975 with a $1.08 price per square foot in the Young's Hill 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.
Cambridge TownhomesTwo Bedroom, One Bath2BR,1BA$1.04
Westgate ApartmentsTwo Bedroom2BR,1BA$1.08
Cedar Trail VillageTwo Bedroom ground with out patio2BR,1BA$1.03
Blair Ridge2bed/1bath patio2BR,1BA$1.06
The Malory Apartments2BR/1.5BA2BR,1.5BA$1.11
Wildwood Apartments1 Bedroom Remodeled1BR,1BA$1.27
The Pointe at Cedar RapidsHilltop 1 Bedroom1BR,1BA$1.07
Seasons View ApartmentsSeasons View1BR,1.5BA$1.20
Forest Ridge Apartments1 Bedroom 1 Bath1BR,1BA$1.10
Azure Apartments1bd1BR,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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

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Frequently Asked Questions about Urbana

What type of rentals are currently available in Urbana?

There are currently 44 Apartments for Rent in Urbana, IA with pricing that ranges from $495 to $3,995. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Urbana ranging from $625 to $2,300.

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 $625 to $2,300 with an average monthly rent of $1,231.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.