
Cheap Apartments for Rent in Marshalltown, IA from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Marshalltown.


The Tallcorn

309 N 3rd St

The Reserves at South Lake
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

206 N Madison St

Hotel Maytag Apartments

Pheasant Hollow Apartments
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.
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.
Marshalltown, IA Local Guide

How much does it cost to rent an apartment in Marshalltown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Marshalltown Studio Apartments | $806 | $650 | $1,025 |
Marshalltown 1 Bedroom Apartments | $1,156 | $394 | $2,556 |
Marshalltown 2 Bedroom Apartments | $1,003 | $467 | $3,174 |
Marshalltown 3 Bedroom Apartments | $1,043 | $465 | $2,600 |
Marshalltown 4 Bedroom Apartments | $445 | $445 | $445 |
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Marshalltown, IA Local Guide
- Nearby Cities
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Cheapest Available Marshalltown Apartments for Rent and Nearby
 The cheapest available apartment rental in Marshalltown, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. The Tallcorn has the second lowest priced unit, which is a 1 Bed apartment currently listed from $475. Here is today’s list of the most affordable Marshalltown apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Reserves at South Lake | 1B1B | 1BR,1BA | $395 |
The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $475 |
Hunters Run | A1 | 1BR,1BA | $554 |
Hotel Maytag Apartments | Studio | Studio,1BA | $650 |
Newton Park Apartments | 1BR - 30% Gross Income | 1BR,1BA | $676 |
Best Value Apartments for Rent in Marshalltown, IA and Nearby
As of May 12, 2025 the best value apartment in the Marshalltown area is the $0.92 price per square foot 36 W Main St Model at 36 W Main St, Unit 102 in the starting from $1,650. The second greatest value Marshalltown apartment is the 3 Bed 2 Bath Model at Pheasant Hollow Apartments starting at $950 with a $0.66 price per square foot . Here is today’s list of the best values for Marshalltown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
36 W Main St, Unit 102 | 36 W Main St | 1BR,1BA | $0.92 |
Pheasant Hollow Apartments | 3 Bed 2 Bath | 3BR,2BA | $0.66 |
The Quarters Ames | A - 3x3 | 3BR,3BA | $0.55 |
THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
Spacious Apartments minutes from everything | 2br/2ba | 2BR,2BA | $0.99 |
Walnut Creek Apartments | 2 BD Classic | 2BR,1BA | $1.00 |
SUNDANCE NEWTON APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
Hunters Run | A2 | 1BR,1BA | $0.87 |
The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $0.78 |
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.
Best Local Schools in Marshalltown, IA
Woodbury Elementary School
Marshalltown High School
Lenihan Intermediate School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Marshalltown, IA
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
18 / 100
Minimal Transit
It may be possible to get on a bus
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 Marshalltown Apartments
How much is rent for a Cheap One Bedroom Marshalltown Apartment?
The lowest price for a Cheap One Bedroom Marshalltown Apartment is $395 at The Reserves at South Lake.
What is the lowest price for a Cheap Two Bedroom Marshalltown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Marshalltown is starting from $470 at The Reserves at South Lake.
What is the most affordable Marshalltown Three Bedroom Apartment?
The best deal on a cheap Marshalltown Three Bedroom Apartment rental is at The Reserves at South Lake and starts from $536.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.

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.

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.