
Cheap Homes for Rent in Selma, IA from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Selma.


109 Roads St

702 S Roche St

601 W Smith St

61 Midtown Ln

2545 N Co Rd 1740

43 Doyle Way

121 S Ash St

311 Todds Ferry Rd

16 Cascade Dr
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.

728 Sweeny Ave

116 N 5th St

103 Shields St

14876 Washington Rd

124 W Missouri St

310 N Elson St
Selma, IA Local Guide

How much does it cost to rent a home in Selma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Selma 2 Bedroom Homes for Rent | $1,103 | $700 | $2,100 |
Selma 3 Bedroom Homes for Rent | $1,308 | $700 | $3,700 |
Selma 4 Bedroom Homes for Rent | $1,561 | $623 | $2,500 |
Browse Top Homes for Rent 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 Tisdale Apartments priced from $650. Bel Aire Apartments in the Ginger Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Selma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $650 |
Bel Aire Apartments | 1 Bedroom | 1BR,1BA | $695 |
Park Madison Apartments | 1BR/1BA | 1BR,1BA | $700 |
Green Gable Cottages | Green Gable - Memorial Park Rd | 1BR,1BA | $750 |
Urbane424 Apartments | S3 - Studio / 1 Bath | Studio,1BA | $765 |
Best Value Apartments for Rent in Selma, IA and Nearby
As of April 24, 2025 the best value apartment in the Selma area is the $1.21 price per square foot 2BR/1.0BA Model at Orchards & Woodlands in the in the Cottage Hill neighborhood starting from $1,100. The second greatest value Selma apartment is the Apartment 1 Model at Summer Street Apartments starting at $900 with a $1.00 price per square foot in the Ginger Ridge neighborhood. 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. |
---|---|---|---|
Orchards & Woodlands | 2BR/1.0BA | 2BR,1BA | $1.21 |
Summer Street Apartments | Apartment 1 | 2BR,1BA | $1.00 |
School House Apartments | 1 Bedroom and 1 Bath | 1BR,1BA | $0.89 |
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 | $0.93 |
Prairie Village Apartments | 1BR/1.0BA | 1BR,1BA | $1.24 |
Bel Aire Apartments | 2 Bedroom | 2BR,1BA | $1.19 |
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Frequently Asked Questions about Selma
What type of rentals are currently available in Selma?
There are currently 45 Apartments for Rent in Selma, IA with pricing that ranges from $615 to $1,900. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Selma ranging from $585 to $3,700.
What is the current price range for Rental Homes in Selma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Selma ranges from $585 to $3,700 with an average monthly rent of $1,201.
How much are larger Three and Four Bedroom Rentals in Selma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Selma range from $820 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,700. Four Bedroom Single-Family rentals are also available starting from $623 and Four Bedroom Apartments start at $1,058.
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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.