Cheap Apartments for Rent in Janesville, IA from $300 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Janesville.

close
View Me
Russell Lamson
Studio to 3 Bedroom Apartments

Russell Lamson

209 W 5th StWaterloo, IA 50701
  • Utilities Included
close
View Me
1637 Carriage Hill
2 Bedroom Apartments

1637 Carriage Hill

1637 Carriage Hill DrWaterloo, IA 50701

Janesville, IA Local Guide

Cheapest Available Janesville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Janesville, IA is a Studio unit found at Russell Lamson in the Downtown Waterloo neighborhood priced from $675. Gold Falls Villa Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here is today’s list of the most affordable Janesville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Russell LamsonStudioStudio,1BA$675
Gold Falls Villa Apartments1 BR/ 1 Bath1BR,1BA$720
University Manor1 BR/ 1 BA (Dec'25 )1BR,1BA$770
228 Spaces - Furnished Micro-Living Apartments1st Floor StudioStudio,1BA$795
1150 Home Park Blvd2BR/1.0BA2BR,1BA$795

Best Value Apartments for Rent in Janesville, IA and Nearby

As of November 16, 2025 the best value apartment in the Janesville area is the $1.04 price per square foot Pointe West - 2-bedroom apartments Model at Pointe West Apartments in the starting from $1,140. The second greatest value Janesville apartment is the 4BR/2BA Model at Hillcrest Park Apartments-Student Housing starting at $460 with a $0.42 price per square foot . Here is today’s list of the best values for Janesville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pointe West ApartmentsPointe West - 2-bedroom apartments2BR,2BA$1.04
Hillcrest Park Apartments-Student Housing4BR/2BA4BR,2BA$0.42
Riverwalk Residences1st Month Free2BR,2BA$1.23
Pineview Place Apartments2 Bedroom/1 Bath2BR,1BA$1.03
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Le Chateau2BR/1.5BA2BR,1.5BA$0.85
Cedar Village Community2 Bed 1 Bath2BR,1BA$1.08
1150 Home Park Blvd2BR/1.0BA2BR,1BA$1.02
1637 Carriage Hill2BR/1.0BA2BR,1BA$1.10
University Manor1 BR/ 1 BA (Dec'25 )1BR,1BA$1.26

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.

decorative image of people with a giant lease agreement

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

Explore Janesville, IA Rentals by Map

View Map
Janesville, IA Apartments Map
View Map
Janesville, IA Rental Homes Map

Getting Around Janesville, IA

Walk Score®

15 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Janesville Apartments

What is the Cheapest Studio apartment in Janesville?

Currently the most affordable Cheap Studio Apartment in Janesville is at Russell Lamson listed at $675.

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

The lowest price for a Cheap One Bedroom Janesville Apartment is $720 at Gold Falls Villa Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Janesville is starting from $795 at 1150 Home Park Blvd.

What is the most affordable Janesville Three Bedroom Apartment?

The best deal on a cheap Janesville Three Bedroom Apartment rental is at Rolling Meadows Apartments and starts from $975.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.