
Cheap Homes for Rent in Oelwein, IA from $400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Oelwein.


120 Harrison St
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

216 Courtland 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 a home in Oelwein?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oelwein 2 Bedroom Homes for Rent | $758 | $475 | $950 |
Oelwein 3 Bedroom Homes for Rent | $1,030 | $725 | $1,500 |
Oelwein 4 Bedroom Homes for Rent | $1,050 | $1,050 | $1,050 |
Browse Top Homes for Rent in Oelwein
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Oelwein, IA Local Guide
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Cheapest Neighborhoods for Apartments in Oelwein, IA
Pricing Updated: 10/23/2025Current 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 | 5 |
Southlawn Court | $750 | $650 | 4 |
Best Value Apartments for Rent in Oelwein, IA and Nearby
As of October 23, 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 4BR/2BA Model at Hawkeye Towers - Historical Access starting at $380 with a $0.35 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 |
Hawkeye Towers - Historical Access | 4BR/2BA | 4BR,2BA | $0.35 |
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 |
Meadow Ridge Apartments | 2 BR/ 1 BA | 2BR,1BA | $0.93 |
214 8th Ave SE, Unit 4 | 214 8th Ave SE | 2BR,1BA | $0.96 |
1150 Home Park Blvd | 2BR/1.0BA | 2BR,1BA | $1.09 |
The Meadows Apartments | Meadows 2Bd | 2BR,1BA | $0.92 |
1637 Carriage Hill | 2BR/1.0BA | 2BR,1BA | $1.14 |
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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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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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Frequently Asked Questions about Oelwein
What type of rentals are currently available in Oelwein?
There are currently 56 Apartments for Rent in Oelwein, IA with pricing that ranges from $380 to $2,500. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oelwein ranging from $475 to $1,500.
What is the current price range for Rental Homes in Oelwein?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oelwein ranges from $475 to $1,500 with an average monthly rent of $843.
How much are larger Three and Four Bedroom Rentals in Oelwein?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oelwein range from $750 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $380.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.