
Cheap Homes for Rent in Derby, IA from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Derby.


702 Court Ave

408 E Montgomery St

202 6th Ave E

306 Central Dr

1112 Frazier Ave

520 Watrous Ave
Derby, IA Local Guide

How much does it cost to rent a home in Derby?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Derby 2 Bedroom Homes for Rent | $1,175 | $895 | $1,400 |
Derby 3 Bedroom Homes for Rent | $1,780 | $1,300 | $2,300 |
Derby 4 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
Browse Top Homes for Rent in Derby
Explore Derby
Derby, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Derby Apartments for Rent and Nearby
 The cheapest available apartment rental in Derby, IA is a 2 Beds unit found at Foxwood Apartments in the Easton Park neighborhood priced from $668. The Ridges in the Southwest Des Moines neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Derby apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Foxwood Apartments | B2 | 2BR,1BA | $668 |
The Ridges | S1 - Classic | Studio,1BA | $700 |
Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $725 |
Best Value Apartments for Rent in Derby, IA and Nearby
As of March 22, 2025 the best value apartment in the Derby area is the $1.00 price per square foot Cottage-3 Model at Terrace View by Kading in the starting from $1,235. The second greatest value Derby apartment is the 3 Bedroom Model at The Vineyards starting at $1,270 with a $1.04 price per square foot in the Southeast Des Moines neighborhood. Here is today’s list of the best values for Derby apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Terrace View by Kading | Cottage-3 | 3BR,2BA | $1.00 |
The Vineyards | 3 Bedroom | 3BR,2BA | $1.04 |
Linden West | 2 bed 2 bath, with Laundry | 2BR,2BA | $1.14 |
Osceola Heights | Villa | 3BR,1BA | $0.97 |
Lincoln Ridge by Kading | Sign a 13 Month Lease, Get the 13th Month Free! | 3BR,1BA | $1.14 |
The Meadows | 2 Bedroom | 2BR,1BA | $0.91 |
Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $1.07 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $1.03 |
Willow Bend | 1 Bedroom | 1BR,1BA | $1.13 |
Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.04 |
Quick 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.
Frequently Asked Questions about Derby
What type of rentals are currently available in Derby?
There are currently 43 Apartments for Rent in Derby, IA with pricing that ranges from $500 to $2,104. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Derby ranging from $645 to $2,300.
What is the current price range for Rental Homes in Derby?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Derby ranges from $645 to $2,300 with an average monthly rent of $1,623.
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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.