
Cheap Homes for Rent in Selma, IA from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Selma.


109 Roads St

702 S Roche St

601 W Smith St

2545 N Co Rd 1740

43 Doyle Way

121 S Ash St

16 Cascade Dr

14876 Washington Rd

205 2nd St

116 N 5th St

103 Shields St

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 | $1,234 | $731 | $2,200 |
Selma 3 Bedroom Homes for Rent | $1,383 | $700 | $3,700 |
Selma 4 Bedroom Homes for Rent | $1,511 | $623 | $2,400 |
Selma 5 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
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 1 Bed unit found at Bel Aire Apartments in the Ginger Ridge neighborhood priced from $650. Tisdale Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here is today’s list of the most affordable Selma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bel Aire Apartments | 1 Bedroom | 1BR,1BA | $650 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $650 |
Green Gable Cottages | Green Gable - Memorial Park Rd | 1BR,1BA | $750 |
Prairie Village Apartments | 1BR/1.0BA | 1BR,1BA | $760 |
Summer Street Apartments | Studio 9 | Studio,1BA | $775 |
Best Value Apartments for Rent in Selma, IA and Nearby
As of April 04, 2025 the best value apartment in the Selma area is the $0.84 price per square foot 2BR/1BA Model at Park Madison Apartments in the in the Ginger Ridge neighborhood starting from $800. The second greatest value Selma apartment is the Churchill Lofts - 205 Model at Churchill Lofts starting at $900 with a $0.97 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. |
---|---|---|---|
Park Madison Apartments | 2BR/1BA | 2BR,1BA | $0.84 |
Churchill Lofts | Churchill Lofts - 205 | 1BR,1BA | $0.97 |
Orchards & Woodlands | 2BR/1.0BA | 2BR,1BA | $1.21 |
Orchard Lane Apartments | 2BR/1.0BA | 2BR,1BA | $0.96 |
Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $1.07 |
Blaul Lofts | Blaul Lofts - 407 | 1BR,1BA | $1.02 |
Louden Lofts | Two Bedroom | 2BR,2BA | $1.00 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $0.93 |
Prairie Village Apartments | 1BR/1.0BA | 1BR,1BA | $1.17 |
Bel Aire Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
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Frequently Asked Questions about Selma
What type of rentals are currently available in Selma?
There are currently 44 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 $1,527.
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.

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.