Cheap Homes for Rent in Urbana, IA from $500 (11 Rentals)

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Urbana, IA Local Guide

Cheapest Available Urbana Apartments for Rent and Nearby

 

The cheapest available apartment rental in Urbana, IA is a 1 Bed unit found at Azure Apartments priced from $495. Cedar Ridge Apartments in the Usher's Ferry Historic Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $545. Here is today’s list of the most affordable Urbana apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Azure Apartments1bd1BR,1BA$495
Cedar Ridge ApartmentsNewly redone1BR,1BA$545
Woodcrest Apartments1BR/1BA1BR,1BA$600
The Pointe at Cedar RapidsStonewood 1 bedroom1BR,1BA$621
Forest Ridge Apartments1 Bedroom 1 Bath1BR,1BA$625

Best Value Apartments for Rent in Urbana, IA and Nearby

As of April 18, 2025 the best value apartment in the Urbana area is the $1.03 price per square foot 2 Beds 1 Bath Model at Cypress Pointe in the in the Downtown Cedar Rapids neighborhood starting from $950. The second greatest value Urbana apartment is the Two Bedroom, One Bath Model at Cambridge Townhomes starting at $875 with a $0.96 price per square foot in the Usher's Ferry Historic Village neighborhood. Here is today’s list of the best values for Urbana apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cypress Pointe2 Beds 1 Bath2BR,1BA$1.03
Cambridge TownhomesTwo Bedroom, One Bath2BR,1BA$0.96
Crestwood Ridge Apartments2 Beds, 2 baths2BR,2BA$0.76
Westgate ApartmentsTwo Bedroom2BR,1BA$1.00
Cedar Trail VillageTwo Bedroom with Balcony/Patio2BR,1BA$1.02
Overlook 3802 Bedroom2BR,1BA$1.01
St. Andrews Apartments1x11BR,1BA$0.99
Cedar Ridge ApartmentsNewly redone1BR,1BA$0.91
Forest Ridge Apartments1 Bedroom 1 Bath1BR,1BA$1.07
Azure Apartments1bd1BR,1BA$0.95

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Frequently Asked Questions about Urbana

What type of rentals are currently available in Urbana?

There are currently 38 Apartments for Rent in Urbana, IA with pricing that ranges from $495 to $2,065. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Urbana ranging from $500 to $2,795.

What is the current price range for Rental Homes in Urbana?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Urbana ranges from $500 to $2,795 with an average monthly rent of $1,107.

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.

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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.

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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.

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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.

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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.