
Cheap Apartments for Rent in Selma, IA from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Selma.


510 Wapello St S

Park Madison Apartments

The Burlington Apartments

Summer Street Apartments

School House 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.

Stonegate Village Apartments

Burbank Village Apartments

Orchard Lane Apartments

Northern Plains by Kading

Sycamore Apartments

Uptown Village Apartments

304 S 2nd St
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.

61 Midtown Ln

2545 N Co Rd 1740

121 S Ash St

16 Cascade Dr

14876 Washington Rd

116 N 5th St

404 N Pine St

806 N Roche St

903 N Roche St
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.

601 W Smith St
Selma, IA Local Guide

How much does it cost to rent an apartment in Selma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Selma Studio Apartments | $1,098 | $900 | $1,265 |
Selma 1 Bedroom Apartments | $881 | $615 | $1,300 |
Selma 2 Bedroom Apartments | $1,120 | $641 | $1,795 |
Selma 3 Bedroom Apartments | $1,270 | $820 | $1,900 |
Selma 4 Bedroom Apartments | $1,058 | $1,058 | $1,058 |
Browse Top Apartments in Selma
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Selma, IA Local Guide
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Cheapest Available Selma Apartments for Rent and Nearby
 The cheapest available apartment rental in Selma, IA is a 2 Beds unit found at 510 Wapello St S priced from $641. Park Madison Apartments in the Ginger Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Selma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
510 Wapello St S | Unit 38 | 2BR,1BA | $641 |
Park Madison Apartments | 1BR/1BA | 1BR,1BA | $700 |
Green Gable Cottages | Green Gable - Memorial Park Rd | 1BR,1BA | $750 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $760 |
The Burlington Apartments | 1BR/1BA | 1BR,1BA | $795 |
School House Apartments | 1 Bedroom and 1 Bath | 1BR,1BA | $800 |
Louden Lofts | Two Bedroom | 2BR,2BA | $800 |
Stonegate Village Apartments | One Bedroom | 1BR,1BA | $810 |
MAPLE PLACE APARTMENTS | 3 Bed 1 Bath Townhome | 3BR,1BA | $820 |
Blaul Lofts | Blaul Lofts - 405 | 1BR,1BA | $848 |
Best Value Apartments for Rent in Selma, IA and Nearby
As of May 15, 2025 the best value apartment in the Selma area is the $0.93 price per square foot Churchill Lofts - 301 Model at Churchill Lofts in the in the Ginger Ridge neighborhood starting from $998. The second greatest value Selma apartment is the 3 Bed 1 Bath Townhome Model at MAPLE PLACE APARTMENTS starting at $820 with a $0.87 price per square foot . Here is today’s list of the best values for Selma apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Churchill Lofts | Churchill Lofts - 301 | 2BR,1BA | $0.93 |
MAPLE PLACE APARTMENTS | 3 Bed 1 Bath Townhome | 3BR,1BA | $0.87 |
School House Apartments | 1 Bedroom and 1 Bath | 1BR,1BA | $0.89 |
Summer Street Apartments | Apartment 1 | 2BR,1BA | $1.00 |
Orchard Lane Apartments | 2BR/1.0BA | 2BR,1BA | $0.96 |
Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $1.07 |
Louden Lofts | Two Bedroom | 2BR,2BA | $1.00 |
Park Madison Apartments | 1BR/1BA | 1BR,1BA | $0.93 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $1.09 |
510 Wapello St S | Unit 38 | 2BR,1BA | $1.03 |
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Frequently Asked Questions about Cheap Selma Apartments
How much is rent for a Cheap One Bedroom Selma Apartment?
The lowest price for a Cheap One Bedroom Selma Apartment is $700 at Park Madison Apartments.
What is the lowest price for a Cheap Two Bedroom Selma Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Selma is starting from $641 at 510 Wapello St S.
What is the most affordable Selma Three Bedroom Apartment?
The best deal on a cheap Selma Three Bedroom Apartment rental is at MAPLE PLACE APARTMENTS and starts from $820.
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.