Cheap Apartments for Rent in Nichols, IA from $400 (20 Rentals)

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

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
  • 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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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

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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Whiteway 2000
Studio to 1 Bedroom Apartments

Whiteway 2000

210 S Clinton StIowa City, IA 52240
Student Housing

Nichols, IA Local Guide

Cheapest Available Nichols Apartments for Rent and Nearby

 

The cheapest available apartment rental in Nichols, IA is a 2 Beds unit found at Welch Hotel Senior Apartments in the Oak Ridge neighborhood priced from $452. Colorado Senior Lofts 55+ in the Oak Ridge neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here is today’s list of the most affordable Nichols apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Welch Hotel Senior ApartmentsTwo Bedroom2BR,1BA$452
Colorado Senior Lofts 55+Two Bedroom2BR,1BA$799
308 N Linn StStudio1BR,1BA$800
River Ridge 2301-2325 University Drive2 bed2BR,1BA$850
Regency Heights (55+ Community)One Bedroom1BR,1BA$875

Best Value Apartments for Rent in Nichols, IA and Nearby

As of October 25, 2025 the best value apartment in the Nichols area is the $0.50 price per square foot 4 Bedroom-2 Bathroom Model at Hawks Ridge in the in the Cottage Hill neighborhood starting from $635. The second greatest value Nichols apartment is the 2BR/2BA Model at Cobblestone Apartments starting at $975 with a $0.93 price per square foot in the Oak Ridge 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.
Hawks Ridge4 Bedroom-2 Bathroom4BR,2BA$0.50
Cobblestone Apartments2BR/2BA2BR,2BA$0.93
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1.20
Colorado Senior Lofts 55+Two Bedroom2BR,1BA$0.86
Orchards & Woodlands2BR/1.0BA2BR,1BA$1.22
1006 Oakcrest Street ApartmentsTwo Bedroom2BR,1BA$1.28
Nex Senior (55+) ApartmentsTwo Bedroom2BR,1BA$1.06
River Ridge 2301-2325 University Drive2 bed2BR,1BA$1.00
The Quarters Iowa CityA2 - 2x12BR,1BA$0.90
Seville1 BR1BR,1BA$1.34

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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

Explore Nichols, IA Rentals by Map

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Getting Around Nichols, IA

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $650.

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

The lowest price for a Cheap One Bedroom Nichols Apartment is $750 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 $452 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 Ridge at Scott Park and starts from $1,600.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.