Cheap Apartments for Rent in Iowa Falls, IA from $300 (15 Rentals)

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

property at 717 Depot St

717 Depot St

Iowa FallsIA50126
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520 5th St
1 Bedroom Apartments

520 5th St

520 5th StAmes, IA 50010
  • Utilities Included
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Furman Regency Court
1 to 2 Bedroom Apartments

Furman Regency Court

3020 Regency CtAmes, IA 50010
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Iowa Falls, IA Local Guide

Cheapest Available Iowa Falls Apartments for Rent and Nearby

 

The cheapest available apartment rental in Iowa Falls, IA is a 1 Bed unit found at The Tallcorn priced from $475. Woodland Park - Eldora has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Iowa Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Tallcorn1 bedroom, 1 bath1BR,1BA$475
Woodland Park - EldoraStudioStudio,1BA$650
309 N 3rd St1 Bedroom/ 1 Bedroom1BR,1BA$695
Melrose Park Apartments1 Bed, 1 bath1BR,1BA$705
Southern HillsB12BR,1BA$725

Best Value Apartments for Rent in Iowa Falls, IA and Nearby

As of April 13, 2025 the best value apartment in the Iowa Falls 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 Iowa Falls 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 Iowa Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pheasant Run Apartments3 Bed 2 Bath3BR,2BA$0.53
Southern HillsB32BR,2BA$0.97
Northern Lights Apartments3304 Polaris ( 3 bedroom )3BR,2BA$1.07
Clock Tower Senior Apartments2 Bedroom Market2BR,2BA$1.03
The Grove at Ames2BR/2BA2BR,2BA$0.73
Somerset Apartments2 Bedroom2BR,1BA$1.18
The Allure at Rivers Edge2 Bed/2bath2BR,2BA$1.05
SUNDANCE MARSHALLTOWN APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$0.97
Woodland Park - Eldora1 BR1BR,1BA$1.19
The Tallcorn1 bedroom, 1 bath1BR,1BA$0.78

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Iowa Falls, IA

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Getting Around Iowa Falls, IA

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

33 / 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 Iowa Falls Apartments

How much is rent for a Cheap One Bedroom Iowa Falls Apartment?

The lowest price for a Cheap One Bedroom Iowa Falls Apartment is $475 at The Tallcorn.

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

Today's best deal for a Cheap Two Bedroom Apartment in Iowa Falls is starting from $725 at Southern Hills.

What is the most affordable Iowa Falls Three Bedroom Apartment?

The best deal on a cheap Iowa Falls Three Bedroom Apartment rental is at Pheasant Run Apartments and starts from $760.

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.