Cheap Apartments for Rent in Indianola, IA from $500 (34 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 Indianola.

close
View Me
Van-El Apartments
2 Bedroom Apartments

Van-El Apartments

300-308 S J StIndianola, IA 50125
  • Utilities Included
close
View Me
North American
2 to 3 Bedroom Apartments

North American

1 Johns StIndianola, IA 50125
close
View Me
Williams Terrace
1 Bedroom Apartments

Williams Terrace

1603 N 9th StIndianola, IA 50125
close
View Me
Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
  • Utilities Included
close
View Me
Iowa Stanton LLC
1 to 2 Bedroom Apartments

Iowa Stanton LLC

2200 Stanton AveDes Moines, IA 50321
  • Utilities Included
Showing Results 1-34, Page 1 of 1

Indianola, IA Local Guide

Cheapest Available Indianola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Indianola, IA is a 2 Beds unit found at Foxwood Apartments in the Easton Park neighborhood priced from $660. The Ridges in the Southwest Des Moines neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Indianola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Foxwood ApartmentsB22BR,1BA$660
The RidgesS1 - ClassicStudio,1BA$700
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$725
The Hampton MeadowsA1 - Renovated1BR,1BA$740
East Park Apartments1/2 Story Down2BR,1BA$750
Easton Village Apartments2BR/1.0BA2BR,1BA$750
Indianola Park II Apartments1BR Ground1BR,1BA$755
Indianola Park Apartments1BR Ground1BR,1BA$755
MelbourneA4 - 60 - Income Restricted1BR,1BA$778
SomersetB12BR,1BA$779

Best Value Apartments for Rent in Indianola, IA and Nearby

As of March 26, 2025 the best value apartment in the Indianola area is the $1.04 price per square foot 3 Bedroom Model at The Vineyards in the in the Southeast Des Moines neighborhood starting from $1,270. The second greatest value Indianola apartment is the 3 Bedroom 2 bath Model at Southbrook Green starting at $1,150 with a $1.05 price per square foot in the Southeast Des Moines neighborhood. Here is today’s list of the best values for Indianola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Vineyards3 Bedroom3BR,2BA$1.04
Southbrook Green3 Bedroom 2 bath3BR,2BA$1.05
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.89
The Meadows2 Bedroom2BR,1BA$0.91
Sunset Apartments2bd, 1ba2BR,1BA$0.96
Easton Village Apartments2BR/1.0BA2BR,1BA$0.94
Dennis Park Apartments2BR/1.0BA2BR,1BA$1.03
Next Level Apartments - Deer RunB12BR,1BA$1.03
Willow Bend1 Bedroom1BR,1BA$1.13
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.04

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

Best Local Schools in
Indianola, IA

School data provided by Great Schools

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

Explore Indianola, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Indianola, IA

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

Getting Around Indianola, IA

Walk Score®

45 / 100

Car-Dependent

Most 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 Indianola Apartments

What is the Cheapest Studio apartment in Indianola?

Currently the most affordable Cheap Studio Apartment in Indianola is at The Ridges listed at $700.

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

The lowest price for a Cheap One Bedroom Indianola Apartment is $717 at Foxwood Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Indianola is starting from $660 at Foxwood Apartments.

What is the most affordable Indianola Three Bedroom Apartment?

The best deal on a cheap Indianola Three Bedroom Apartment rental is at Easton Village Apartments and starts from $850.

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 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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.