Cheap Apartments for Rent in Norwalk, IA from $500 (31 Rentals)

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

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Alice Place at Norwalk
Studio to 2 Bedroom Apartments

Alice Place at Norwalk

9310 Marketplace DrNorwalk, IA 50211
Senior Living
  • Utilities Included
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Good Life
1 Bedroom Apartments

Good Life

1313 Wright RdNorwalk, IA 50211
Senior Living
  • Utilities Included
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BNL Investments
from $8452 Bedroom Apartments Contact Us For Availability

BNL Investments

5201 S Union StDes Moines, IA 50315
Cost Per Sq.Ft.
  • Verified
  • Low Income
  • Smoke Free
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Casady Apartments
1 to 2 Bedroom Apartments

Casady Apartments

1910-1914 Casady DrDes Moines, IA 50315
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Bell Terrace
1 Bedroom Apartments

Bell Terrace

2701 SW 23rd StDes Moines, IA 50321
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Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
  • Utilities Included
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Iowa G21 LLC
2 Bedroom Apartments

Iowa G21 LLC

2100 Grand AveWest Des Moines, IA 50265
  • Utilities Included
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Iowa Stanton LLC
1 to 2 Bedroom Apartments

Iowa Stanton LLC

2200 Stanton AveDes Moines, IA 50321
  • Utilities Included

Norwalk, IA Local Guide

Cheapest Neighborhoods for Apartments in Norwalk, IA

Pricing Updated: 03/21/2025

Current apartment rentals in the Norwalk, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Norwalk Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

Cheapest Available Norwalk Apartments for Rent and Nearby

 

The cheapest available apartment rental in Norwalk, IA is a Studio unit found at The Ridges in the Southwest Des Moines neighborhood priced from $700. Valley Acres Apartments in the Southwest Des Moines neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Norwalk apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The RidgesS1 - ClassicStudio,1BA$700
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$725
The Hampton MeadowsA1 - Renovated1BR,1BA$740
The Pointe on Fleur2x1a2BR,1BA$765
SomersetB22BR,1BA$769
MelbourneA4 - 60 - Income Restricted1BR,1BA$778
Elmcrest1 Bedroom1BR,1BA$795
Wakonda Village and Manor Apartment HomesA1Uwv1BR,1BA$795
Briarwood Grand Apartments1 Bed, 1 bath1BR,1BA$810
Willow Bend1 Bedroom1BR,1BA$810

Best Value Apartments for Rent in Norwalk, IA and Nearby

As of March 21, 2025 the best value apartment in the Norwalk area is the $1.00 price per square foot 2 Bedrooms, 2 Bathrooms Model at Finn Apartments in the in the Southwest Des Moines neighborhood starting from $1,025. The second greatest value Norwalk apartment is the 2 Bedroom Model at Magnolia Manor Apartments and Townhomes starting at $850 with a $0.89 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Norwalk apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Finn Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$1.00
Magnolia Manor Apartments and Townhomes2 Bedroom2BR,1BA$0.89
The Meadows2 Bedroom2BR,1BA$0.91
Deer Ridge2 Bedroom 1.5 Bath2BR,1.5BA$1.15
SunburstTwo Bedroom-One Bath2BR,1BA$1.11
Norwalk Village Estates2BR/1.0BA2BR,1BA$1.20
Willow Bend1 Bedroom1BR,1BA$1.13
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.04
The Pointe on Fleur1x11BR,1BA$1.01
SomersetA21BR,1BA$1.17

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Norwalk, IA Rentals by Map

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Getting Around Norwalk, IA

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Norwalk Apartments

What is the Cheapest Studio apartment in Norwalk?

Currently the most affordable Cheap Studio Apartment in Norwalk is at The Ridges listed at $700.

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

The lowest price for a Cheap One Bedroom Norwalk Apartment is $725 at Valley Acres Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Norwalk is starting from $750 at The Hampton Meadows.

What is the most affordable Norwalk Three Bedroom Apartment?

The best deal on a cheap Norwalk Three Bedroom Apartment rental is at The Meadows and starts from $950.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.