Cheap Apartments for Rent in Homestead, IA from $400 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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 1-9, Page 1 of 1

Homestead, IA Local Guide

Cheapest Available Homestead Apartments for Rent and Nearby

 

The cheapest available apartment rental in Homestead, IA is a 1 Bed unit found at Shamrock Apartments in the Young's Hill neighborhood priced from $555. Goldfinch Meadows in the Cedar Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $575. Here is today’s list of the most affordable Homestead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$555
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$575
Southview ApartmentsSouthview 1 bedroom Classic1BR,1BA$600

Best Value Apartments for Rent in Homestead, IA and Nearby

As of April 21, 2025 the best value apartment in the Homestead area is the $1.11 price per square foot 2 Bed 2.5 Bath Model at The Hunt Club in the in the Old Mill Creek neighborhood starting from $1,550. The second greatest value Homestead apartment is the 2 Beds, 2 baths Model at Westdale Meadows starting at $1,050 with a $1.02 price per square foot . Here is today’s list of the best values for Homestead apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Hunt Club2 Bed 2.5 Bath2BR,2.5BA$1.11
Westdale Meadows2 Beds, 2 baths2BR,2BA$1.02
280 S Chestnut St270 S chestnut2BR,1BA$0.80
Jacolyn Corner Condos ApartmentsFirst and Second Floor With Balcony2BR,1BA$1.08
Raintree Apartments2 Bedroom2BR,1BA$0.94
Westcove2 Beds 1 Bath2BR,1BA$1.00
Pheasant Run ApartmentsThe Hummingbird1BR,1BA$1.01
Shamrock ApartmentsArrowridge small 2 bedroom2BR,1BA$1.05
Westcove North12BR,1BA$1.10
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$1.13

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

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

Explore Homestead, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Homestead, IA

View MapHomestead, IA Apartments MapView MapHomestead, IA Rental Homes Map

Getting Around Homestead, IA

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 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 Homestead Apartments

What is the Cheapest Studio apartment in Homestead?

Currently the most affordable Cheap Studio Apartment in Homestead is at Aster Village listed at $1,065.

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

The lowest price for a Cheap One Bedroom Homestead Apartment is $555 at Shamrock Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Homestead is starting from $755 at Shamrock Apartments.

What is the most affordable Homestead Three Bedroom Apartment?

The best deal on a cheap Homestead Three Bedroom Apartment rental is at Prairie Reserve and starts from $1,036.

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.