Cheap Apartments for Rent in Gilbert, IA from $500 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in Gilbert.

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520 5th St
1 Bedroom Apartments

520 5th St

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

307 Lynn Ave

307 Lynn AveAmes, IA 50014
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Furman Regency Court
1 to 2 Bedroom Apartments

Furman Regency Court

3020 Regency CtAmes, IA 50010
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141 Campus Ave
2 Bedroom Apartments

141 Campus Ave

141 Campus AveAmes, IA 50014
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244 Hyland Ave
1 to 3 Bedroom Apartments

244 Hyland Ave

244 Hyland AveAmes, IA 50014
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225 N Hyland Ave
1 to 3 Bedroom Apartments

225 N Hyland Ave

225 N Hyland AveAmes, IA 50014
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Gilbert, IA Local Guide

Cheapest Available Gilbert Apartments for Rent and Nearby

 

The cheapest available apartment rental in Gilbert, IA is a 1 Bed unit found at Melrose Park Apartments in the Eagle Ridge neighborhood priced from $705. Wyndsor Terrace in the Eagle Ridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here is today’s list of the most affordable Gilbert apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Melrose Park Apartments1 Bed, 1 bath1BR,1BA$705
Wyndsor TerraceStudioStudio,1BA$740
Hyland Apartments1 Bedroom Apartment1BR,1BA$820
Somerset Apartments1 Bedroom1BR,1BA$880
203 Campus2 Bed2BR,1BA$900
Haven ApartmentsCotton1BR,1BA$965
Northern Lights Apartments3304 Polaris ( 2 bedroom )2BR,2BA$1,020
Alpine Manor Apartments3 bedroom 2 Bath3BR,2BA$1,099
Arbor Hills2 Bedroom Apartment2BR,1BA$1,300
Prairie West2 Bedroom Renovated Townhome2BR,1BA$1,405

Best Value Apartments for Rent in Gilbert, IA and Nearby

As of April 16, 2025 the best value apartment in the Gilbert area is the $1.30 price per square foot 2 Bedroom/2 Bathroom - 1,137 sq ft Model at Grayhawk Apartments in the in the Eagle Ridge neighborhood starting from $1,479. The second greatest value Gilbert apartment is the 3304 Polaris ( 3 bedroom ) Model at Northern Lights Apartments starting at $1,140 with a $1.07 price per square foot in the Eagle Ridge neighborhood. Here is today’s list of the best values for Gilbert apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grayhawk Apartments2 Bedroom/2 Bathroom - 1,137 sq ft2BR,2BA$1.30
Northern Lights Apartments3304 Polaris ( 3 bedroom )3BR,2BA$1.07
Alpine Manor Apartments3 Bedroom, 2 Bath Remodel3BR,2BA$1.22
Prairie West2 Bedroom Renovated Townhome2BR,1.5BA$1.48
Somerset Apartments2 Bedroom2BR,1BA$1.18
Hyland Apartments2 Bedroom Apartment2BR,2BA$1.23
Point at AmesFrisco A2BR,2BA$1.05
203 Campus2 Bed2BR,1BA$1.13
Haven ApartmentsCotton1BR,1BA$1.33
Melrose Park Apartments1 Bed, 1 bath1BR,1BA$1.29

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Getting Around Gilbert, IA

Walk Score®

21 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Gilbert Apartments

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

The lowest price for a Cheap One Bedroom Gilbert Apartment is $705 at Melrose Park Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Gilbert is starting from $880 at Melrose Park Apartments.

What is the most affordable Gilbert Three Bedroom Apartment?

The best deal on a cheap Gilbert Three Bedroom Apartment rental is at Alpine Manor Apartments and starts from $1,099.

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.

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Know Your Rights - How Discrimination Laws Impact Landlords & 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.

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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.