Cheap Apartments for Rent in Ely, IA from $400 (17 Rentals)

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Cheap Apartments in Ely.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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North Ridge
2 Bedroom Apartments

North Ridge

1820 A Ave NECedar Rapids, IA 52402

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.

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1716 D Ave NE
2 Bedroom Apartments

1716 D Ave NE

1716 D Ave NECedar Rapids, IA 52402
  • Utilities Included
  • Smoke Free

Ely, IA Local Guide

Cheapest Available Ely Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ely, IA is a 1 Bed unit found at 1810 A Ave NE in the Mound View neighborhood priced from $545. Southview Apartments in the Young's Hill 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 Ely apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1810 A Ave NE1 Beds, 1 Baths1BR,1BA$545
Southview ApartmentsSouthview 1 bedroom Classic1BR,1BA$600
Harris Oak Hill Apartments1 Bedroom Restricted1BR,1BA$695
Oak Hill Jackson Brickstones1 Bedroom1BR,1BA$710
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$725

Best Value Apartments for Rent in Ely, IA and Nearby

As of May 09, 2025 the best value apartment in the Ely area is the $0.63 price per square foot 2 Beds, 1 Baths Model at 1716 D Ave NE in the in the Mound View neighborhood starting from $750. The second greatest value Ely apartment is the 2 Bedroom Apartment Model at Anderson Greene I starting at $1,163 with a $1.07 price per square foot in the Lincolnway Village neighborhood. Here is today’s list of the best values for Ely apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1716 D Ave NE2 Beds, 1 Baths2BR,1BA$0.63
Anderson Greene I2 Bedroom Apartment2BR,1BA$1.07
Coventry LoftsCLM110321BR,1BA$0.82
Harris Oak Hill Apartments2 Bedroom Restricted2BR,2BA$1.05
Westcove2 Beds 1 Bath2BR,1BA$1.00
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$0.84
Westcove North12BR,1BA$1.10
Oak Hill Jackson Brickstones1 Bedroom1BR,1BA$1.06
Southview ApartmentsSouthview 1 Bedroom Updated!1BR,1BA$1.02
1810 A Ave NE1 Beds, 1 Baths1BR,1BA$0.88

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

Explore Ely, IA Rentals by Map

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Getting Around Ely, IA

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Ely Apartments

What is the Cheapest Studio apartment in Ely?

Currently the most affordable Cheap Studio Apartment in Ely is at Geneva Tower listed at $770.

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

The lowest price for a Cheap One Bedroom Ely Apartment is $545 at 1810 A Ave NE.

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

Today's best deal for a Cheap Two Bedroom Apartment in Ely is starting from $725 at C Street Townhomes.

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 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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.