Cheap Apartments for Rent in Cambridge, IA from $400 (12 Rentals)

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312 Sycamore St
Studio to 3 Bedroom Apartments

312 Sycamore St

312 Sycamore StCambridge, IA 50046
  • Utilities Included
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520 5th St
1 Bedroom Apartments

520 5th St

520 5th StAmes, IA 50010
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307 Lynn Ave
4 Bedroom Apartments

307 Lynn Ave

307 Lynn AveAmes, IA 50014
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Cambridge, IA Local Guide

Cheapest Available Cambridge Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cambridge, IA is a 1 Bed unit found at 525 Welch Ave in the Bel-Air neighborhood priced from $865. Spacious Apartments minutes from everything in the South Ames neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $875. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
525 Welch AveOne Bed1BR,1BA$865
Spacious Apartments minutes from everything2br/2ba2BR,2BA$875
Laverne ApartmentsTwo Bedroom, Two Bath2BR,2BA$875
Oakwood1 bedroom1BR,1BA$899
Brick Towne Ames1 Bedroom1BR,1BA$1,025

Best Value Apartments for Rent in Cambridge, IA and Nearby

As of April 18, 2025 the best value apartment in the Cambridge area is the $1.31 price per square foot Pattison Model at The Villages of Kimberley Crossing in the in the Georgetown neighborhood starting from $2,175. The second greatest value Cambridge apartment is the 2BR/2.5BA Model at Copper Beech at Ames starting at $800 with a $0.65 price per square foot in the South Ames neighborhood. Here is today’s list of the best values for Cambridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Villages of Kimberley CrossingPattison4BR,2.5BA$1.31
Copper Beech at Ames2BR/2.5BA2BR,2.5BA$0.65
Laverne ApartmentsThree Bedroom, Two Bath3BR,2BA$1.05
Total Property Management 528-530 Welch Ave.528 Welch Ave.4BR,2.5BA$1.33
The Quarters AmesA - 3x33BR,3BA$0.55
Avondale Trace CondosAC.2B.2B.B/P2BR,2BA$1.31
The Grove at Ames2BR/2BA2BR,2BA$0.73
Arbor Hills2 Bedroom Townhome2BR,1BA$1.50
Spacious Apartments minutes from everything2br/2ba2BR,2BA$0.99
Oakwood1 bedroom1BR,1BA$1.20

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Getting Around Cambridge, IA

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Cambridge Apartments

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

The lowest price for a Cheap One Bedroom Cambridge Apartment is $865 at 525 Welch Ave.

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

Today's best deal for a Cheap Two Bedroom Apartment in Cambridge is starting from $875 at Spacious Apartments minutes from everything.

What is the most affordable Cambridge Three Bedroom Apartment?

The best deal on a cheap Cambridge Three Bedroom Apartment rental is at Spacious Apartments minutes from everything and starts from $1,025.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.