
Cheap Apartments for Rent in University Park, IA from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in University Park.


206 N Madison St

Foxwood Apartments

Hotel Maytag Apartments

303 S Madison St

Newton Park Apartments
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.

304 S 2nd St

702 S Roche St

124 S 2nd St
University Park, IA Local Guide

How much does it cost to rent an apartment in University Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University Park Studio Apartments | $816 | $650 | $915 |
University Park 1 Bedroom Apartments | $1,334 | $550 | $2,508 |
University Park 2 Bedroom Apartments | $1,109 | $638 | $3,120 |
University Park 3 Bedroom Apartments | $1,189 | $536 | $3,208 |
University Park 4 Bedroom Apartments | $1,058 | $1,058 | $1,058 |
Browse Top Apartments in University Park
See all Apartments in University ParkExplore University Park
University Park, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available University Park Apartments for Rent and Nearby
 The cheapest available apartment rental in University Park, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. Foxwood Apartments in the Easton Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $638. Here is today’s list of the most affordable University Park apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Reserves at South Lake | 1B1B | 1BR,1BA | $395 |
Foxwood Apartments | B2 | 2BR,1BA | $638 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $650 |
Hotel Maytag Apartments | Studio | Studio,1BA | $650 |
Newton Park Apartments | 1BR - 30% Gross Income | 1BR,1BA | $676 |
Best Value Apartments for Rent in University Park, IA and Nearby
As of April 29, 2025 the best value apartment in the University Park area is the $0.83 price per square foot 2 Bedroom 1 Bathroom Model at THE ARBORS APARTMENTS in the in the East Gate Estates neighborhood starting from $825. The second greatest value University Park apartment is the 2BR/1.0BA Model at Orchard Lane Apartments starting at $850 with a $0.96 price per square foot . Here is today’s list of the best values for University Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
Orchard Lane Apartments | 2BR/1.0BA | 2BR,1BA | $0.96 |
Hunters Run | B2 | 2BR,1BA | $0.82 |
Walnut Creek Apartments | 2 BD Classic | 2BR,1BA | $1.00 |
SUNDANCE NEWTON APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
Louden Lofts | Two Bedroom | 2BR,2BA | $1.00 |
Woodland Heights | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $0.93 |
SOUTHERN HILLS | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore University Park, IA Rentals by Map
See the most popular apartments and homes in University Park, IA
Getting Around University Park, IA
Walk Score®
17 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
36 / 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 University Park Apartments
How much is rent for a Cheap One Bedroom University Park Apartment?
The lowest price for a Cheap One Bedroom University Park Apartment is $395 at The Reserves at South Lake.
What is the lowest price for a Cheap Two Bedroom University Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in University Park is starting from $470 at The Reserves at South Lake.
What is the most affordable University Park Three Bedroom Apartment?
The best deal on a cheap University Park Three Bedroom Apartment rental is at The Reserves at South Lake and starts from $536.
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.

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.

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.