
Cheap Homes for Rent in University Park, IA from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in University Park.


702 S Roche St

121 S Ash St

702 Court Ave

916 N Market St, Unit 916 & 1/2 (Upper)

205 2nd St

108 N 1st St

408 E Montgomery St

202 6th Ave E
University Park, IA Local Guide

How much does it cost to rent a home in University Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University Park 2 Bedroom Homes for Rent | $1,112 | $750 | $1,400 |
University Park 3 Bedroom Homes for Rent | $1,690 | $945 | $2,395 |
University Park 4 Bedroom Homes for Rent | $2,372 | $2,345 | $2,400 |
University Park 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in University Park
Explore 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. Hotel Maytag Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $650. 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 |
Hotel Maytag Apartments | Studio | Studio,1BA | $650 |
Foxwood Apartments | B2 | 2BR,1BA | $660 |
Best Value Apartments for Rent in University Park, IA and Nearby
As of March 27, 2025 the best value apartment in the University Park area is the $1.14 price per square foot 2 bed 2 bath, with Laundry Model at Linden West in the in the Easton Park neighborhood starting from $1,200. The second greatest value University Park apartment is the Sign a 13 Month Lease, Get the 13th Month Free! Model at Lincoln Ridge by Kading starting at $1,150 with a $1.14 price per square foot in the Easton Park neighborhood. 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. |
---|---|---|---|
Linden West | 2 bed 2 bath, with Laundry | 2BR,2BA | $1.14 |
Lincoln Ridge by Kading | Sign a 13 Month Lease, Get the 13th Month Free! | 3BR,1BA | $1.14 |
THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
SUNDANCE NEWTON APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.02 |
Hunters Run | B2 | 2BR,1BA | $0.82 |
Louden Lofts | Two Bedroom | 2BR,2BA | $1.00 |
Stella Townhomes | 1 Bedroom 1 Bath | 1BR,1BA | $0.96 |
SOUTHERN HILLS | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
Foxwood Apartments | A2 | 1BR,1BA | $1.15 |
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.
Frequently Asked Questions about University Park
What type of rentals are currently available in University Park?
There are currently 55 Apartments for Rent in University Park, IA with pricing that ranges from $536 to $3,830. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $585 to $2,800.
What is the current price range for Rental Homes in University Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Park ranges from $585 to $2,800 with an average monthly rent of $1,756.
How much are larger Three and Four Bedroom Rentals in University Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University Park range from $536 to $3,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $945 to $2,395. Four Bedroom Single-Family rentals are also available starting from $2,345 and Four Bedroom Apartments start at $596.
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.