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

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Forest City.

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.

Read Article
Showing Results 1-13, Page 1 of 1

Forest City, IA Local Guide

Cheapest Available Forest City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Forest City, IA is a Studio unit found at Shalom Tower II priced from $405. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Forest City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shalom Tower IITower I EfficiencyStudio,1BA$405
Key ApartmentsEfficiencyStudio,1BA$450
Burt 18-Unit (Countryside Properties)1 Bedroom1BR,1BA$450
City Center Kent ApartmentsStudio1BR,1BA$495
Rolfe 20-Unit2 Bedroom2BR,1BA$500

Best Value Apartments for Rent in Forest City, IA and Nearby

As of April 24, 2025 the best value apartment in the Forest City area is the $0.53 price per square foot 3 Bed 2 Bath Model at Pheasant Run Apartments in the starting from $760. The second greatest value Forest City apartment is the 2 Bedroom 1.5 Bathroom Model at Meadow Lake of Clear Lake Apartments starting at $855 with a $1.03 price per square foot . Here is today’s list of the best values for Forest City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pheasant Run Apartments3 Bed 2 Bath3BR,2BA$0.53
Meadow Lake of Clear Lake Apartments2 Bedroom 1.5 Bathroom2BR,1.5BA$1.03
City Center Kent Apartments1 Bedroom1BR,1BA$0.74
Shalom Tower IITower II - One Bedroom1BR,1BA$0.70
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
CityView Apartments1 bedroom1BR,1BA$0.98
Pebble Creek Apartments1 Bedroom 1 Bathroom1BR,1BA$0.88
Rolfe 20-Unit2 Bedroom2BR,1BA$0.82
18 S Adams AveOne Bedroom1BR,1BA$0.95
Woodland Park - Manson1 BR1BR,1BA$1.20

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Forest City

What type of rentals are currently available in Forest City?

There are currently 49 Apartments for Rent in Forest City, IA with pricing that ranges from $405 to $2,566. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest City ranging from $625 to $2,700.

What is the current price range for Rental Homes in Forest City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest City ranges from $625 to $2,700 with an average monthly rent of $1,286.

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.