The Reserves at South Lake

500 Industrial Ave, Grinnell, IA 50112

Last Updated: 1 Day Ago
  • Active Adult

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The Reserves at South Lake
Monthly Rent
$395 - $1,002
View Fees and Policies
Bedrooms
1 - 3
Bathrooms
1 - 2
Sq. Ft.
649 - 1,000 sq ft

Pricing and Floor Plans

Cost Calculator: Estimate your monthly and one-time fees.

1B1B

$395 - $1,002
1 Bed, 1 Bath
649 Sq. Ft.
Show Floor Plan Details
Available Soon

2B1B

$754
2 Beds, 1 Bath
800 Sq. Ft.
Show Floor Plan Details
1 Available Unit
Unit
Price
Sq. Ft.
Available
1103
$754
800
Now

3B2B

$867
3 Beds, 2 Baths
1,000 Sq. Ft.
Show Floor Plan Details
1 Available Unit
Unit
Price
Sq. Ft.
Available
2202
$867
1,000
Nov. 13
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Income Restrictions

Income restrictions apply to some or all residents. Contact the community for more information.

How To Qualify

Based on the size of your household, your Maximum Annual Income must be equal to or less than the amount listed in this chart.

# of Persons 60 % Income Limit 40 % Income Limit 30 % Income Limit
1 $41,580 $27,720 $20,790
2 $47,520 $31,680 $23,760
3 $53,460 $35,640 $26,730
4 $59,340 $39,560 $29,670
5 $64,140 $42,760 $32,070
6 $68,880 $45,920 $34,440

Details

Lease Term Options

  • 12 mo

Property Information

  • Built in 2023
  • 48 units3 stories

Specialty Housing Details

This property is intended and operated in accordance with the Housing for Older Persons provisions of the Fair Housing Act.

Fees & Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

One-Time Basics

Due at Application

  • Application Fee Per Applicant
    $21

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Explore Commute Options

Drive Time
Walk Time
Bike Ride Time
Public Transit

Apartment Features

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Freezer
  • Heating
  • Ice Maker
  • Kitchen
  • Microwave
  • Oven
  • Range

Community Features

  • 24 Hour Access
  • Clubhouse
  • Fitness Center
  • Income Restricted
  • Lounge
  • Playground

Map of The Reserves at South Lake

Area Scores

Walkability

Somewhat walkable

Driveability

Exceptionally drivable

Bikeability

Somewhat bikeable

Scores provided by

Soundscore

Active

Scores provided by

Moving to Iowa Southeast Area, Grinnell, IA

Shopping Centers

Shoppers will appreciate The Reserves at South Lake proximity to Grinnell Plaza. Grinnell Plaza is 1.7 miles away.

Local Education

Primary and Secondary Schools

GreatSchools rating: 8 out of 10

Davis Elementary School

Grades K-5

Public

Not rated

Fairview Elementary School

Grades PK-5

Public

GreatSchools rating: 5 out of 10

Grinnell Community Middle School

Grades K-8

Public

Not rated

Central Iowa Christian School

Grades K-8

Private

Not rated

Sully Christian School

Grades PK-8

Private

GreatSchools rating: 8 out of 10

Grinnell Community Senior High School

Grades 9-12

Public

Not rated

Central Iowa Christian Academy

Grades K-12

Private

Data provided by GreatSchools.org © 2026. All rights reserved.

GreatSchools

Colleges and Universities

School Commute Time (Distance)
Grinnell College Drive: 5 min (2.7 mi)

About The Reserves at South Lake

We don't just rent apartments. From the moment you walk through the front door you'll feel the comfort that makes our residents happy to call us home. Cutting edge amenities, meticulously-groomed grounds, and a dedicated staff contributes to a higher… standard of living. Convenient shopping, award-winning schools, local museums and parks are all close at hand, with sponsored activities to develop new hobbies while getting to know your neighbors. Water, Trash and Pest Protection included in Rent.

The Reserves at South Lake is an apartment community in Grinnell, IA

Contact

Property Address:
500 Industrial Ave,
Grinnell, IA 50112
Phone Number: (641) 938-4216
More Information:
View Property Website
Office Hours
  • Sunday Closed
  • Monday 8:00 AM – 5:00 PM
  • Tuesday 8:00 AM – 5:00 PM
  • Wednesday 8:00 AM – 5:00 PM
  • Thursday 8:00 AM – 5:00 PM
  • Friday 8:00 AM – 5:00 PM
  • Saturday Closed
The Reserves at South Lake

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Contact This Property

(641) 938-4216

Languages: English

Open 8:00 AM – 5:00 PM Today

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