Cheap Apartments for Rent in Grinnell, IA from $300 (13 Rentals)

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17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard StColfax, IA 50054
  • Utilities Included
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110 N Maple St
2 Bedroom Apartments

110 N Maple St

110 N Maple StColfax, IA 50054
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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
  • Utilities Included

Grinnell, IA Local Guide

Cheapest Neighborhoods for Apartments in Grinnell, IA

Pricing Updated: 03/26/2025

Current apartment rentals in the Grinnell, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Grinnell Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
East Gate Estates$901$536793
West Towne$901$536793

Cheapest Available Grinnell Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grinnell, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. The Tallcorn has the second lowest priced unit, which is a 1 Bed apartment currently listed from $475. Here is today’s list of the most affordable Grinnell apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserves at South Lake1B1B1BR,1BA$395
The Tallcorn1 bedroom, 1 bath1BR,1BA$475
Hotel Maytag ApartmentsStudioStudio,1BA$650
Newton Park Apartments1BR - 30% Gross Income1BR,1BA$676
Woodland Heights1 Bed 1 Bath1BR,1BA$685

Best Value Apartments for Rent in Grinnell, IA and Nearby

As of March 26, 2025 the best value apartment in the Grinnell area is the $0.96 price per square foot D1 - 40 - Income Restricted Model at Hawthorne Pointe in the in the Altoona Meadows neighborhood starting from $1,292. The second greatest value Grinnell apartment is the B3 Model at Southern Hills starting at $1,125 with a $0.97 price per square foot . Here is today’s list of the best values for Grinnell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hawthorne PointeD1 - 40 - Income Restricted4BR,2BA$0.96
Southern HillsB32BR,2BA$0.97
Walnut PointeVilla3BR,1BA$0.97
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.83
SUNDANCE NEWTON APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$1.02
Hunters RunB22BR,1BA$0.82
Triple Crown Altoona Cooperative2BR2BR,1BA$1.00
Stella Townhomes1 Bedroom 1 Bath1BR,1BA$0.96
The Reserves at South Lake1B1B1BR,1BA$0.61
The Tallcorn1 bedroom, 1 bath1BR,1BA$0.78

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Location, Location, Location!

Explore Grinnell, IA Rentals by Map

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Getting Around Grinnell, IA

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Grinnell Apartments

What is a cheap apartment in Grinnell?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grinnell is under $803.

What is the price of a cheap apartment in Grinnell?

The cheapest apartment in Grinnell is The Reserves at South Lake which is listed at $395, while the average apartment in Grinnell costs $901.

What types of apartments are the cheapest in Grinnell?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 568 regular apartments in Grinnell that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Grinnell?

Cheap apartments in Grinnell have an average cost of $392 which is $509 cheaper than the average rent for all rentals in Grinnell.

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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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.

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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.