
Cheap Apartments for Rent in Oelwein, IA from $300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Oelwein.


410 13th Ave NW
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.

306 1/2 1st St SE

Prairie Village of LaPorte City

Russell Lamson

2836 Independence Ave

253 Monroe St

323 Idaho St

147 French St
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.
Oelwein, IA Local Guide

How much does it cost to rent an apartment in Oelwein?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oelwein Studio Apartments | $927 | $675 | $1,300 |
Oelwein 1 Bedroom Apartments | $1,173 | $643 | $1,800 |
Oelwein 2 Bedroom Apartments | $1,259 | $700 | $2,500 |
Oelwein 3 Bedroom Apartments | $1,218 | $750 | $1,900 |
Oelwein 4 Bedroom Apartments | $380 | $380 | $380 |
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Oelwein, IA Local Guide
- Oelwein Neighborhoods
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Neighborhoods for Apartments in Oelwein, IA
Pricing Updated: 09/07/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Hickory Hideaway | $750 | $650 | 4 |
Southlawn Court | $750 | $650 | 3 |
Cheapest Available Oelwein Apartments for Rent and Nearby
 The cheapest available apartment rental in Oelwein, IA is a 1 Bed unit found at 131 S Vine St priced from $550. Prairie Village of LaPorte City has the second lowest priced unit, which is a 1 Bed apartment currently listed from $643. Here is today’s list of the most affordable Oelwein apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
131 S Vine St | 202 | 1BR,1BA | $550 |
Prairie Village of LaPorte City | 1 Bedroom | 1BR,1BA | $643 |
Russell Lamson | Studio | Studio,1BA | $675 |
The Meadows Apartments | Quads 2Bd | 2BR,1BA | $700 |
Le Chateau | 1BR/1.0BA | 1BR,1BA | $725 |
Best Value Apartments for Rent in Oelwein, IA and Nearby
As of September 07, 2025 the best value apartment in the Oelwein area is the $0.70 price per square foot 3 BR/ 1 BA Model at 1224-1282 W Mullan Ave in the in the Downtown Waterloo neighborhood starting from $775. The second greatest value Oelwein apartment is the Three Bedroom Model at Lantern Square Apartments Spacious 1, 2 & ... starting at $1,300 with a $1.18 price per square foot . Here is today’s list of the best values for Oelwein apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1224-1282 W Mullan Ave | 3 BR/ 1 BA | 3BR,1BA | $0.70 |
Lantern Square Apartments Spacious 1, 2 & ... | Three Bedroom | 3BR,1.5BA | $1.18 |
Hawkeye Towers | 4BR/2BA | 4BR,2BA | $0.35 |
West Brook 3 | 2BR/2.0BA | 2BR,2BA | $1.10 |
3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.10 |
Pineview Place Apartments | 2 Bedroom/1 Bath | 2BR,1BA | $1.03 |
Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
1150 Home Park Blvd | 2BR/1.0BA | 2BR,1BA | $1.09 |
The Meadows Apartments | Meadows 2Bd | 2BR,1BA | $0.92 |
131 S Vine St | 202 | 1BR,1BA | $0.92 |
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Best Local Schools in Oelwein, IA
Wings Park Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Oelwein, IA
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Russell Lamson listed at $675.
How much is rent for a Cheap One Bedroom Oelwein Apartment?
The lowest price for a Cheap One Bedroom Oelwein Apartment is $550 at 131 S Vine St.
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 $700 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 $750.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.