Cheap Apartments for Rent in Luther, IA from $400 (13 Rentals)

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

Cheap Apartments in Luther.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
141 Campus Ave
2 Bedroom Apartments

141 Campus Ave

141 Campus AveAmes, IA 50014

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.

Luther, IA Local Guide

Cheapest Available Luther Apartments for Rent and Nearby

 

The cheapest available apartment rental in Luther, IA is a Studio unit found at College Creek Apartments in the Eagle Ridge neighborhood priced from $670. Western Hills Apartments in the Fountainview neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Luther apartments for rent:

Apartment ListingModel NameBed/BathPriced From
College Creek ApartmentsStudio, 1 bathStudio,1BA$670
Western Hills Apartments1 Bed, 1 bath1BR,1BA$745
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$775
Oakwood1 bedroom1BR,1BA$799
SUNDANCE BOONE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$895

Best Value Apartments for Rent in Luther, IA and Nearby

As of May 07, 2025 the best value apartment in the Luther area is the $0.53 price per square foot 3x3 Furnished Model at The Madison in the in the Fountainview neighborhood starting from $574. The second greatest value Luther apartment is the 3 Bedroom, 2 Bath Remodel Model at Alpine Manor Apartments starting at $1,150 with a $1.12 price per square foot in the Eagle Ridge neighborhood. Here is today’s list of the best values for Luther apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Madison3x3 Furnished3BR,3BA$0.53
Alpine Manor Apartments3 Bedroom, 2 Bath Remodel3BR,2BA$1.12
Fountainview2 Bedroom 1 Bath2BR,1BA$1.15
Western Hills Apartments2 Beds, 2 baths2BR,2BA$1.05
Arbor Hills2 Bedroom Townhome2BR,1BA$1.50
SUNDANCE BOONE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$1.08
Point at AmesFrisco A2BR,2BA$1.05
Oakwood1 bedroom1BR,1BA$1.07
Haven ApartmentsCotton1BR,1BA$1.33
College Creek ApartmentsStudio, 1 bathStudio ,1BA$1.63

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 Luther, IA Rentals by Map

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

Frequently Asked Questions about Cheap Luther Apartments

What is the Cheapest Studio apartment in Luther?

Currently the most affordable Cheap Studio Apartment in Luther is at College Creek Apartments listed at $670.

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

The lowest price for a Cheap One Bedroom Luther Apartment is $745 at Western Hills Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Luther is starting from $845 at College Creek Apartments.

What is the most affordable Luther Three Bedroom Apartment?

The best deal on a cheap Luther Three Bedroom Apartment rental is at Alpine Manor Apartments and starts from $999.

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 The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.