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

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

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

close
View Me
2055 Blairs Ferry Rd NE
1 Bedroom Apartments

2055 Blairs Ferry Rd NE

2055 Blairs Ferry Rd NECedar Rapids, IA 52402
  • Utilities Inc.
close
View Me
Valley High
1 to 2 Bedroom Apartments

Valley High

1715-1735 Edgewood RdCedar Rapids, IA 52405
  • Utilities Inc.
close
View Me
233 Harnett St Nw
2 Bedroom Apartments

233 Harnett St Nw

233 Harnett St NwCedar Rapids, IA 52405
close
View Me
Trail Ridge NE
2 Bedroom Apartments

Trail Ridge NE

1601-1611 Center Point Rd NECedar Rapids, IA 52402
  • Utilities Inc.

Palo, IA Local Guide

Cheapest Available Palo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palo, IA is a 1 Bed unit found at The Pointe at Cedar Rapids in the Wellington Heights neighborhood priced from $521. Shamrock Apartments in the Young's Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $555. Here is today’s list of the most affordable Palo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Pointe at Cedar RapidsStonewood 1 bedroom1BR,1BA$521
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$555
OakviewStudioStudio,1BA$585
Cedar Ridge Apartments1 bedroom1BR,1BA$595
Woodcrest Apartments1BR/1BA1BR,1BA$600
Forest Ridge Apartments1 Bedroom 1 Bath1BR,1BA$625
Crestwood Ridge Apartments2 Beds, 2 baths2BR,2BA$689
Apache Park2 bedroom2BR,2BA$695
Northview Apartments1BR/1.0BA1BR,1BA$725
Overlook 3801 Bedroom1BR,1BA$725

Best Value Apartments for Rent in Palo, IA and Nearby

As of March 02, 2025 the best value apartment in the Palo area is the $1.03 price per square foot 2 Beds 1 Bath Model at Cypress Pointe in the in the Young's Hill neighborhood starting from $950. The second greatest value Palo apartment is the Two Bedroom, One Bath Model at Cambridge Townhomes starting at $835 with a $0.91 price per square foot in the Usher's Ferry Historic Village neighborhood. Here is today’s list of the best values for Palo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cypress Pointe2 Beds 1 Bath2BR,1BA$1.03
Cambridge TownhomesTwo Bedroom, One Bath2BR,1BA$0.91
Crestwood Ridge Apartments2 Beds, 2 baths2BR,2BA$0.76
Kimberly Square2 Beds 1 Bath2BR,1BA$1.00
Cedar Trail VillageTwo Bedroom with Balcony/Patio2BR,1BA$1.02
Blair Ridge2 Beds 1 Bath2BR,1BA$1.01
St. Andrews Apartments1x11BR,1BA$0.99
Pheasant Run ApartmentsThe Hummingbird1BR,1BA$0.98
Cedar Ridge Apartments1 bedroom1BR,1BA$0.74
Apache Park2 bedroom2BR,2BA$0.87

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 Palo, IA Rentals by Map

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

Getting Around Palo, IA

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

24 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Palo Apartments

What is the Cheapest Studio apartment in Palo?

Currently the most affordable Cheap Studio Apartment in Palo is at Oakview listed at $585.

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

The lowest price for a Cheap One Bedroom Palo Apartment is $521 at The Pointe at Cedar Rapids.

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

Today's best deal for a Cheap Two Bedroom Apartment in Palo is starting from $645 at The Pointe at Cedar Rapids.

What is the most affordable Palo Three Bedroom Apartment?

The best deal on a cheap Palo Three Bedroom Apartment rental is at Crestwood Ridge Apartments and starts from $829.

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.

decorative image for What to Know About Fees and Fines When Renting article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.