Cheap Apartments for Rent in Nevada, IA from $400 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Nevada.

Grandview Square Apartments
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.

Gateway

Ferndale Furman Apartments

420 S 4th St

Tall Timber 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.

600 Crawford Ave
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.

702 Carroll Ave
Nevada, IA Local Guide

How much does it cost to rent an apartment in Nevada?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Nevada Studio Apartments | $902 | $780 | $995 |
Nevada 1 Bedroom Apartments | $876 | $705 | $1,110 |
Nevada 2 Bedroom Apartments | $1,008 | $615 | $1,830 |
Nevada 3 Bedroom Apartments | $957 | $465 | $2,600 |
Nevada 4 Bedroom Apartments | $1,033 | $445 | $1,700 |
Browse Top Apartments in Nevada
See all Apartments in NevadaExplore Nevada
Nevada, IA Local Guide
- Nevada Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Nevada Apartments for Rent and Nearby
 The cheapest available apartment rental in Nevada, IA is a 1 Bed unit found at Melrose Park Apartments in the Eagle Ridge neighborhood priced from $705. Oakwood in the Fountainview neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Nevada apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Melrose Park Apartments | 1 Bed, 1 bath | 1BR,1BA | $705 |
Oakwood | 1 bedroom | 1BR,1BA | $799 |
2706 Kent Ave | 2706 Kent (1 Bedroom) | 1BR,1BA | $860 |
Spacious Apartments minutes from everything | 2br/2ba | 2BR,2BA | $875 |
Laverne Apartments | Two Bedroom, Two Bath | 2BR,2BA | $875 |
Best Value Apartments for Rent in Nevada, IA and Nearby
As of May 19, 2025 the best value apartment in the Nevada area is the $0.65 price per square foot 2BR/2.5BA Model at Copper Beech at Ames in the in the South Ames neighborhood starting from $800. The second greatest value Nevada apartment is the Three Bedroom, Two Bath Model at Laverne Apartments starting at $1,265 with a $1.05 price per square foot in the South Ames neighborhood. Here is today’s list of the best values for Nevada apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Copper Beech at Ames | 2BR/2.5BA | 2BR,2.5BA | $0.65 |
Laverne Apartments | Three Bedroom, Two Bath | 3BR,2BA | $1.05 |
Total Property Management 528-530 Welch Ave. | 528 Welch Ave. | 4BR,2.5BA | $1.33 |
The Quarters Ames | A - 3x3 | 3BR,3BA | $0.55 |
The Grove at Ames | 2BR/2BA | 2BR,2BA | $0.73 |
Somerset Apartments | 2 Bedroom | 2BR,1BA | $1.18 |
Spacious Apartments minutes from everything | 2br/2ba | 2BR,2BA | $0.99 |
Oakwood | 1 bedroom | 1BR,1BA | $1.07 |
2706 Kent Ave | 2706 Kent (1 Bedroom) | 1BR,1BA | $1.32 |
Melrose Park Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.29 |
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 Nevada, IA
Central Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Nevada, IA Rentals by Map
See the most popular apartments and homes in Nevada, IA
Getting Around Nevada, IA
Walk Score®
33 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 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 Nevada Apartments
How much is rent for a Cheap One Bedroom Nevada Apartment?
The lowest price for a Cheap One Bedroom Nevada Apartment is $705 at Melrose Park Apartments.
What is the lowest price for a Cheap Two Bedroom Nevada Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Nevada is starting from $875 at Spacious Apartments minutes from everything.
What is the most affordable Nevada Three Bedroom Apartment?
The best deal on a cheap Nevada Three Bedroom Apartment rental is at Spacious Apartments minutes from everything and starts from $1,025.
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.