Cheap Apartments for Rent in Nichols, IA from $600 (38 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
  • Utilities Included
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Oakcrest
1 to 2 Bedroom Apartments

Oakcrest

801 Oakcrest StIowa City, IA 52246
  • Utilities Included
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625 E Burlington St
Studio to 1 Bedroom Apartments

625 E Burlington St

625 E Burlington StIowa City, IA 52240
Student Housing
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631 S Van Buren St
1 to 3 Bedroom Apartments

631 S Van Buren St

631 S Van Buren StIowa City, IA 52240
Student Housing
  • Utilities Included
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SoDo Flats
Studio to 2 Bedroom Apartments

SoDo Flats

322 E Prentiss StIowa City, IA 52240
  • Utilities Included

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Hawkeye Park
1 to 2 Bedroom Apartments

Hawkeye Park

432 S Dubuque StIowa City, IA 52240
Student Housing
  • Utilities Included
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530 N Dubuque St
2 Bedroom Apartments

530 N Dubuque St

530 N Dubuque StIowa City, IA 52245
  • Utilities Included
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804 N Dubuque St
Studio to 3 Bedroom Apartments

804 N Dubuque St

804 N Dubuque StIowa City, IA 52245
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Overlook
1 to 2 Bedroom Apartments

The Overlook

3155 Shire LnIowa City, IA 52240
  • Utilities Included

Nichols, IA Local Guide

Cheapest Available Nichols Apartments for Rent and Nearby

 

The cheapest available apartment rental in Nichols, IA is a Studio unit found at Welch Hotel Senior Apartments in the Oak Ridge neighborhood priced from $695. 308 N Linn St in the Fair Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Nichols apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Welch Hotel Senior ApartmentsStudioStudio,1BA$695
308 N Linn StStudio1BR,1BA$800
Regency Heights (55+ Community)One Bedroom1BR,1BA$875
Seville1 BR - Sublet1BR,1BA$905
1165 S Riverside DrStudio - TwinStudio,1BA$990
Riverfront CrossingsStudioStudio,1BA$995
Mane Gate ApartmentsSmall One Bed1BR,1BA$1,045
Willow Ridge Apartments2 Beds, 1 bath2BR,1BA$1,200
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1,250
IA City LoftsLarge Studio UnitsStudio,1BA$1,275

Best Value Apartments for Rent in Nichols, IA and Nearby

As of June 21, 2026 the best value apartment in the Nichols area is the $0.88 price per square foot 4 bedroom 4 bath Model at 630 S Capitol in the in the Cottage Hill neighborhood starting from $1,365. The second greatest value Nichols apartment is the C1 - 3x3 Model at The Quarters Iowa City starting at $695 with a $0.59 price per square foot in the Fair Meadows neighborhood. Here is today’s list of the best values for Nichols apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
630 S Capitol4 bedroom 4 bath4BR,4BA$0.88
The Quarters Iowa CityC1 - 3x33BR,3BA$0.59
The Forum At Lincoln3 bed / 2 bath3BR,2BA$1.63
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1.25
The Nest Iowa CityB3 - 2x22BR,2BA$1.68
712 E Market StMarket Street Apartments2BR,1BA$1.68
Seville1 BR - Sublet1BR,1BA$1.34
Mane Gate ApartmentsSmall One Bed1BR,1BA$1.67
Regency Heights (55+ Community)One Bedroom1BR,1BA$1.43
Welch Hotel Senior ApartmentsOne Bedroom1BR,1BA$1.53

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

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Frequently Asked Questions about Cheap Nichols Apartments

What is the Cheapest Studio apartment in Nichols?

Currently the most affordable Cheap Studio Apartment in Nichols is at Welch Hotel Senior Apartments listed at $695.

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

The lowest price for a Cheap One Bedroom Nichols Apartment is $795 at Welch Hotel Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Nichols is starting from $895 at Welch Hotel Senior Apartments.

What is the most affordable Nichols Three Bedroom Apartment?

The best deal on a cheap Nichols Three Bedroom Apartment rental is at The Forum At Lincoln and starts from $1,695.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.