Cheap Apartments for Rent in Nichols, IA from $600 (40 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.

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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

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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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
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Hawkeye Park
1 to 2 Bedroom Apartments

Hawkeye Park

432 S Dubuque StIowa City, IA 52240
Student Housing
  • Utilities Included

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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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
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The Overlook
1 to 2 Bedroom Apartments

The Overlook

3155 Shire LnIowa City, IA 52240
  • Utilities Included

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

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-40, Page 1 of 1

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
Whiteway 2000StudioStudio,1BA$900
Seville1 BR - Sublet1BR,1BA$905
Sycamore ApartmentsOne Bedroom Units1BR,1BA$910
1165 S Riverside DrStudio - TwinStudio,1BA$990
Riverfront CrossingsStudioStudio,1BA$995
Mane Gate ApartmentsSmall One Bed1BR,1BA$1,045
Orchards & Woodlands2BR/1.0BA2BR,1BA$1,100

Best Value Apartments for Rent in Nichols, IA and Nearby

As of May 07, 2026 the best value apartment in the Nichols area is the $1.27 price per square foot Hillside Dr Townhome Model at Heritage Hill in the starting from $1,675. 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.
Heritage HillHillside Dr Townhome2BR,2.5BA$1.27
The Quarters Iowa CityC1 - 3x33BR,3BA$0.59
Ridge at Scott Park3bd/2bath3BR,2BA$1.53
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1.25
Orchards & Woodlands2BR/1.0BA2BR,1BA$1.22
The Nest Iowa CityB3 - 2x22BR,2BA$1.68
712 E Market StMarket Street Apartments2BR,1BA$1.68
Seville1 BR - Sublet1BR,1BA$1.34
Regency Heights (55+ Community)One Bedroom1BR,1BA$1.43
Welch Hotel Senior ApartmentsOne Bedroom1BR,1BA$1.53

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign 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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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!

Explore Nichols, IA Rentals by Map

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See the most popular apartments and homes in Nichols, IA

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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 Heritage Hill and starts from $1,825.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.