Cheap Homes for Rent in Palo, IA from $500 (6 Rentals)

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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 Cedar Ridge Apartments in the Usher's Ferry Historic Village neighborhood priced from $545. 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
Cedar Ridge ApartmentsNewly redone1BR,1BA$545
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$555
Woodcrest Apartments1BR/1BA1BR,1BA$600

Best Value Apartments for Rent in Palo, IA and Nearby

As of April 05, 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 Downtown Cedar Rapids 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
Raintree Apartments2 Bedroom2BR,1BA$0.94
Westgate ApartmentsTwo Bedroom2BR,1BA$1.00
Cedar Trail VillageTwo Bedroom with Balcony/Patio2BR,1BA$1.02
Overlook 3802 Bedroom2BR,1BA$1.01
St. Andrews Apartments1x11BR,1BA$0.99
Pheasant Run ApartmentsThe Hummingbird1BR,1BA$1.00
Cedar Ridge ApartmentsNewly redone1BR,1BA$0.91

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Frequently Asked Questions about Palo

What type of rentals are currently available in Palo?

There are currently 39 Apartments for Rent in Palo, IA with pricing that ranges from $545 to $2,065. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palo ranging from $525 to $2,795.

What is the current price range for Rental Homes in Palo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palo ranges from $525 to $2,795 with an average monthly rent of $1,090.

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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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.

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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.