
Cheap Apartments for Rent in Palo, IA from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Palo.


Cedar Ridge Apartments

Shamrock Apartments

Oakview

Woodcrest Apartments

Forest Ridge Apartments

Northview Apartments

Crestwood Ridge Apartments

Apache Park

Windsor on the River

Urban Edge Apartments

Raintree Apartments

Overlook 380

Alexandra Apartments

Pheasant Run Apartments

St. Andrews Apartments

Cambridge Townhomes

Kimberly Square

Harvest Lofts

921 Emmons St

980 Eisenhower Rd

941 Emmons St

1210 Robins Rd
Palo, IA Local Guide

How much does it cost to rent an apartment in Palo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palo Studio Apartments | $928 | $585 | $1,100 |
Palo 1 Bedroom Apartments | $862 | $521 | $1,520 |
Palo 2 Bedroom Apartments | $1,047 | $645 | $1,615 |
Palo 3 Bedroom Apartments | $1,427 | $829 | $2,065 |
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Palo, IA Local Guide
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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. Cedar Ridge Apartments in the Usher's Ferry Historic Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $545. Here is today’s list of the most affordable Palo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Pointe at Cedar Rapids | Stonewood 1 bedroom | 1BR,1BA | $521 |
Cedar Ridge Apartments | Newly redone | 1BR,1BA | $545 |
Shamrock Apartments | Shamrock small 1 bedroom | 1BR,1BA | $555 |
Woodcrest Apartments | 1BR/1BA | 1BR,1BA | $600 |
Forest Ridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $625 |
Northview Apartments | 1BR/1.0BA | 1BR,1BA | $675 |
Oakview | 1-Bedroom | 1BR,1BA | $675 |
Crestwood Ridge Apartments | 2 Beds, 2 baths | 2BR,2BA | $689 |
Windsor on the River | WND1x1A | 1BR,1BA | $735 |
Urban Edge Apartments | 1 BR/ 1 BA | 1BR,1BA | $750 |
Best Value Apartments for Rent in Palo, IA and Nearby
As of March 25, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cypress Pointe | 2 Beds 1 Bath | 2BR,1BA | $1.03 |
Cambridge Townhomes | Two Bedroom, One Bath | 2BR,1BA | $0.91 |
Crestwood Ridge Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.76 |
Kimberly Square | 2 Beds 1 Bath | 2BR,1BA | $1.00 |
Cedar Trail Village | Two Bedroom with Balcony/Patio | 2BR,1BA | $1.02 |
Overlook 380 | 2 Bedroom | 2BR,1BA | $0.90 |
St. Andrews Apartments | 1x1 | 1BR,1BA | $0.99 |
Pheasant Run Apartments | The Hummingbird | 1BR,1BA | $0.98 |
Cedar Ridge Apartments | 1 bedroom | 1BR,1BA | $0.74 |
The Pointe at Cedar Rapids | Hilltop 1 Bedroom | 1BR,1BA | $1.03 |
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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
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 Palo Apartments
What is the Cheapest Studio apartment in Palo?
Currently the most affordable Cheap Studio Apartment in Palo is at The Enclave at Dry Creek listed at $1,100.
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.

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.