Cheap Homes for Rent in Nichols, IA from $500 (9 Rentals)

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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.

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.

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. Riverbend 3306-3500 Steamboat Way in the Oak Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. 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
Riverbend 3306-3500 Steamboat Way1 Bedroom1BR,1BA$750
308 N Linn StStudio1BR,1BA$800

Best Value Apartments for Rent in Nichols, IA and Nearby

As of January 13, 2026 the best value apartment in the Nichols area is the $1.05 price per square foot 3 Bdrm -Sublet Model at Westgate Villa 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.
Westgate Villa3 Bdrm -Sublet3BR,2BA$1.05
The Quarters Iowa CityC1 - 3x33BR,3BA$0.59
Riverbend 3306-3500 Steamboat Way3 Bedroom3BR,2BA$0.89
Heritage Hill202 - 204 Sycamore St.2BR,2BA$1.40
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1.20
Orchards & Woodlands2BR/1.0BA2BR,1BA$1.22
Nex Senior (55+) ApartmentsTwo Bedroom2BR,1BA$1.45
Chandler Pointe Senior Living1 Bedroom1BR,1BA$1.43
Regency Heights (55+ Community)One Bedroom1BR,1BA$1.43
Welch Hotel Senior ApartmentsOne Bedroom1BR,1BA$1.44

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

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Frequently Asked Questions about Nichols

What type of rentals are currently available in Nichols?

There are currently 59 Apartments for Rent in Nichols, IA with pricing that ranges from $452 to $3,300. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nichols ranging from $500 to $5,000.

What is the current price range for Rental Homes in Nichols?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Nichols ranges from $500 to $5,000 with an average monthly rent of $2,045.

How much are larger Three and Four Bedroom Rentals in Nichols?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Nichols range from $695 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $2,600. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $1,800.

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 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.

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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!