
Cheap Homes for Rent in Luther, IA from $700 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Luther.


227 Village Dr

514 Hayward Ave

4008 Ontario St

4406 Castlewood Pl

521.5 Crawford St

323 N Franklin Ave

215 Beedle Dr

3022 Oakland St

215 Jewel Dr

925 Garfield Ave

1222 W 3rd St

127 Greene St

1236 Michigan Ave

4223 Toronto St

118 S Franklin Ave
Luther, IA Local Guide

How much does it cost to rent a home in Luther?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Luther 2 Bedroom Homes for Rent | $949 | $800 | $1,275 |
Luther 3 Bedroom Homes for Rent | $1,635 | $925 | $2,995 |
Luther 4 Bedroom Homes for Rent | $1,629 | $1,080 | $2,350 |
Luther 5 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Top Homes for Rent in Luther
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Luther, IA Local Guide
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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. Wyndsor Terrace in the Eagle Ridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here is today’s list of the most affordable Luther apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
College Creek Apartments | Studio, 1 bath | Studio,1BA | $670 |
Wyndsor Terrace | Studio | Studio,1BA | $740 |
Western Hills Apartments | 1 Bed, 1 bath | 1BR,1BA | $745 |
Hickory Ridge Apartments | 0 bed, 1 bath | Studio,1BA | $799 |
SUNDANCE BOONE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $895 |
Best Value Apartments for Rent in Luther, IA and Nearby
As of April 11, 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 $569. The second greatest value Luther apartment is the 3 Bedroom, 2 Bath Remodel Model at Alpine Manor Apartments starting at $1,250 with a $1.22 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Madison | 3x3 Furnished | 3BR,3BA | $0.53 |
Alpine Manor Apartments | 3 Bedroom, 2 Bath Remodel | 3BR,2BA | $1.22 |
Cedar Pointe | Villa | 3BR,1BA | $1.04 |
The Social West Ames® | Cambridge A - Station | 3BR,2BA | $0.54 |
Fountainview | 2 Bedroom 1 Bath | 2BR,1BA | $1.15 |
Western Hills Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.05 |
839-841 Dickinson Ave | 3 BR/ 2 BA | 3BR,2BA | $1.17 |
SUNDANCE BOONE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.08 |
Point at Ames | Frisco A | 2BR,2BA | $1.05 |
Oakwood | 1 bedroom | 1BR,1BA | $1.20 |
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Frequently Asked Questions about Luther
What type of rentals are currently available in Luther?
There are currently 47 Apartments for Rent in Luther, IA with pricing that ranges from $404 to $2,370. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Luther ranging from $750 to $2,995.
What is the current price range for Rental Homes in Luther?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Luther ranges from $750 to $2,995 with an average monthly rent of $1,545.
How much are larger Three and Four Bedroom Rentals in Luther?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Luther range from $519 to $2,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,080 and Four Bedroom Apartments start at $404.
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.

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.

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.

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.

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.