Cheap Apartments for Rent in Oelwein, IA from $300 (30 Rentals)

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

property at 410 13th Ave NW

$750 - $850

2 To 3 Bedroom Rentals

Available Now

410 13th Ave NW

OelweinIA50662
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Oelwein Apartments
1 Bedroom Apartments

Oelwein Apartments

102 8th Ave NWOelwein, IA 50662
  • Utilities Included

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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131 S Vine St
1 to 2 Bedroom Apartments

131 S Vine St

131 S Vine StWest Union, IA 52175
  • Utilities Included

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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Russell Lamson
Studio to 3 Bedroom Apartments

Russell Lamson

209 W 5th StWaterloo, IA 50701
  • Utilities Included
property at 208 W Main St

$675 - $775

1 To 2 Bedroom Rentals

Available May 1

208 W Main St

DunkertonIA50626

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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124-136 Earl St
1 to 2 Bedroom Apartments

124-136 Earl St

124-136 Earl StEvansdale, IA 50707

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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Showing Results 1-30, Page 1 of 1

Oelwein, IA Local Guide

Cheapest Neighborhoods for Apartments in Oelwein, IA

Pricing Updated: 04/23/2026

Current apartment rentals in the Oelwein, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Oelwein Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hickory Hideaway$925$6206
Southlawn Court$925$6205

Cheapest Available Oelwein Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oelwein, IA is a 1 Bed unit found at Brookside Apartments priced from $475. The Meadows Apartments in the Southlawn Court neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Oelwein apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookside Apartments1BR / 1BA1BR,1BA$475
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$620
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$625
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Kent CircleUpdated Cozy 1 Bedroom / 1 Bath Apartment in SW...1BR,1BA$760
228 Spaces - Furnished Micro-Living Apartments2nd Floor StudioStudio,1BA$795
Park @ Nine23A11BR,1BA$830
Union at North Crossing1 Bed 1 Bath1BR,1BA$850
Legacy Manor of Waterloo - 55+ Living1 bedroom1BR,1BA$861
Falls Edge StudiosStudio AStudio,1BA$900

Best Value Apartments for Rent in Oelwein, IA and Nearby

As of April 23, 2026 the best value apartment in the Oelwein area is the $0.67 price per square foot 1297 S Frederick Ave Model at 1297 S Frederick Ave, Unit 1 in the in the Southlawn Court neighborhood starting from $1,000. The second greatest value Oelwein apartment is the Beautiful HUGE 3 Bedroom/2 Bath Apartment in Gr... Model at Pineview Place Apartments starting at $1,220 with a $1.02 price per square foot . Here is today’s list of the best values for Oelwein apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1297 S Frederick Ave, Unit 11297 S Frederick Ave3BR,1BA$0.67
Pineview Place ApartmentsBeautiful HUGE 3 Bedroom/2 Bath Apartment in Gr...3BR,2BA$1.02
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
Rolling Meadows Apartments3 bedroom/2bath3BR,2BA$0.96
West Brook ApartmentsBrand New 2 Bedroom/2 Bathroom Units at West Br...2BR,2BA$1.15
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.02
Legacy Manor of Waterloo - 55+ Living1 bedroom1BR,1BA$1.16
Brookside Apartments1BR / 1BA1BR,1BA$0.68
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.02
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$1.03

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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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.

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Best Local Schools in
Oelwein, IA

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

Explore Oelwein, IA Rentals by Map

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See the most popular apartments and homes in Oelwein, IA

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Frequently Asked Questions about Cheap Oelwein Apartments

What is the Cheapest Studio apartment in Oelwein?

Currently the most affordable Cheap Studio Apartment in Oelwein is at 228 Spaces - Furnished Micro-Living Apartments listed at $795.

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

The lowest price for a Cheap One Bedroom Oelwein Apartment is $475 at Brookside Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Oelwein is starting from $750 at The Meadows Apartments.

What is the most affordable Oelwein Three Bedroom Apartment?

The best deal on a cheap Oelwein Three Bedroom Apartment rental is at The Meadows Apartments and starts from $850.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.