
Cheap Homes for Rent in Ely, IA from $600 (10 Rentals)
Cheap Homes in Ely.


1043 5th Ave SE

924 15th Ave SW

124 10th St SW

1500 Northgate Dr, Unit 6
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.

1710 A Ave NE

1040 Duchess Dr

1347 22nd Ave SW

1612 A Ave NE

209 16th St NE
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.
Ely, IA Local Guide

How much does it cost to rent a home in Ely?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Ely 2 Bedroom Homes for Rent | $1,169 | $675 | $1,950 |
Ely 3 Bedroom Homes for Rent | $1,613 | $950 | $2,295 |
Ely 4 Bedroom Homes for Rent | $2,310 | $1,450 | $5,995 |
Ely 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
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Ely, IA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1810 A Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $545 |
Southview Apartments | Southview 1 bedroom Classic | 1BR,1BA | $600 |
Harris Oak Hill Apartments | 1 Bedroom Restricted | 1BR,1BA | $695 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1716 D Ave NE | 2 Beds, 1 Baths | 2BR,1BA | $0.63 |
Anderson Greene I | 2 Bedroom Apartment | 2BR,1BA | $1.07 |
Coventry Lofts | CLM11032 | 1BR,1BA | $0.82 |
Harris Oak Hill Apartments | 2 Bedroom Restricted | 2BR,2BA | $1.05 |
Westcove | 2 Beds 1 Bath | 2BR,1BA | $1.00 |
C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $0.84 |
Westcove North | 1 | 2BR,1BA | $1.10 |
Oak Hill Jackson Brickstones | 1 Bedroom | 1BR,1BA | $1.06 |
Southview Apartments | Southview 1 Bedroom Updated! | 1BR,1BA | $1.02 |
1810 A Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $0.88 |
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Frequently Asked Questions about Ely
What type of rentals are currently available in Ely?
There are currently 40 Apartments for Rent in Ely, IA with pricing that ranges from $425 to $3,454. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ely ranging from $675 to $5,995.
What is the current price range for Rental Homes in Ely?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ely ranges from $675 to $5,995 with an average monthly rent of $1,625.
How much are larger Three and Four Bedroom Rentals in Ely?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ely range from $425 to $1,916, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,304.
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.

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.

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.

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.

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.