Cheap Apartments for Rent in Independence, IA from $600 (47 Rentals)

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Meadow Ridge Apartments
$625 - $800
Total Monthly Price

Total Monthly Price

Base Rent
$400 - $575
Required Monthly Fees
$225
Total Monthly Price
$625 - $800
1 to 2 Bedroom Apartments Available Now

Meadow Ridge Apartments

765-791 Russell RdWaterloo, IA 50701
Pet Friendly
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Russell Lamson
Studio to 3 Bedroom Apartments

Russell Lamson

209 W 5th StWaterloo, IA 50701
  • Utilities Included
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Urban Edge Apartments
1 to 2 Bedroom Apartments

Urban Edge Apartments

401 Canton St NWShellsburg, IA 52332
  • Utilities Included
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124-136 Earl St
1 to 2 Bedroom Apartments

124-136 Earl St

124-136 Earl StEvansdale, IA 50707

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Showing Results 1-47, Page 1 of 1

Independence, IA Local Guide

Cheapest Available Independence Apartments for Rent and Nearby

 

The cheapest available apartment rental in Independence, IA is a 1 Bed unit found at The Meadows Apartments in the Southlawn Court neighborhood priced from $600. Meadow Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Independence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$600
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$625
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Kent CircleUpdated Cozy 1 Bedroom / 1 Bath Apartment in SW...1BR,1BA$760
228 Spaces1st Floor StudioStudio,1BA$795
Edgemont ParkEdgemont 1 bed/1 bath Garden Level1BR,1BA$855
Legacy Manor of Waterloo - 55+ Living1 bedroom1BR,1BA$861
Falls Edge StudiosStudio CStudio,1BA$880
Leavitt Street Apartments***FIRST MONTH FREE!*** 2 Bed 1 Bath | Leavitt ...2BR,1BA$920
Elmcrest2 Bedrooms2BR,1BA$950

Best Value Apartments for Rent in Independence, IA and Nearby

As of March 22, 2026 the best value apartment in the Independence area is the $1.19 price per square foot 1st Month Free Model at Riverwalk Residences in the in the Downtown Waterloo neighborhood starting from $1,250. The second greatest value Independence apartment is the 2 Bed / 2 Bath - Available Now! Model at Meadowbrook Apartments starting at $1,295 with a $1.23 price per square foot . Here is today’s list of the best values for Independence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverwalk Residences1st Month Free2BR,2BA$1.19
Meadowbrook Apartments2 Bed / 2 Bath - Available Now!2BR,2BA$1.23
Rush MillsThird Floor2BR,2BA$1.23
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
West Brook ApartmentsBrand New 2 Bedroom/2 Bathroom Units at West Br...2BR,2BA$1.15
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.02
Legacy Manor of Waterloo - 55+ Living1 bedroom1BR,1BA$1.16
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.02
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$1.00
Prairie Village of LaPorte City1 Bedroom1BR,1BA$1.29

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Independence, IA Rentals by Map

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Frequently Asked Questions about Cheap Independence Apartments

What is the Cheapest Studio apartment in Independence?

Currently the most affordable Cheap Studio Apartment in Independence is at 228 Spaces listed at $795.

How much is rent for a Cheap One Bedroom Independence Apartment?

The lowest price for a Cheap One Bedroom Independence Apartment is $600 at The Meadows Apartments.

What is the lowest price for a Cheap Two Bedroom Independence Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Independence is starting from $700 at The Meadows Apartments.

What is the most affordable Independence Three Bedroom Apartment?

The best deal on a cheap Independence Three Bedroom Apartment rental is at The Meadows Apartments and starts from $850.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.