Cheap Apartments for Rent near Saint Olaf, IA from $500 (29 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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
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Monticello Apartments
1 to 2 Bedroom Apartments

Monticello Apartments

716 N Birch StMonticello, IA 52310
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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725 Duggan Dr
2 to 3 Bedroom Apartments

725 Duggan Dr

725 Duggan DrDubuque, IA 52003

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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Showing Results 1-29, Page 1 of 1

Saint Olaf, IA Local Guide

Cheapest Available Saint Olaf Apartments for Rent and Nearby

 

The cheapest available apartment rental in Saint Olaf, IA is a 1 Bed unit found at The Meadows Apartments in the Southlawn Court neighborhood priced from $620. Russell Lamson in the Downtown Waterloo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here is today’s list of the most affordable Saint Olaf apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$620
Russell LamsonStudioStudio,1BA$695
533 W Cherry St, Lancaster, WI 53813Studio2BR,1BA$725
Prairie View Apartments32 Unit - EfficiencyStudio,1BA$795
Union at North Crossing1 Bed 1 Bath1BR,1BA$800
Maplewood Glen Apartments1 Bed 1 Bath1BR,1BA$833
Union at the Marina1 Bedroom 50%AMI1BR,1BA$853
Ruxton Apartments2A2BR,2BA$856
Leavitt Park Apartments - Waterloo, IA***FIRST MONTH FREE!*** 2 Bed 1 Bath | Leavitt ...2BR,1BA$920
Hawkeye Apartments811 - 2 Bed / 1 Bath2BR,1BA$925

Best Value Apartments for Rent in Saint Olaf, IA and Nearby

As of August 28, 2026 the best value apartment in the Saint Olaf area is the $0.88 price per square foot Apt 2 Model at 1182 Locust St in the starting from $1,400. The second greatest value Saint Olaf apartment is the 3BR/2B Model at Lawler School Lofts starting at $1,059 with a $0.88 price per square foot . Here is today’s list of the best values for Saint Olaf apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1182 Locust StApt 23BR,1BA$0.88
Lawler School Lofts3BR/2B3BR,2BA$0.88
Arrow RidgeTwo Bedroom (A2)2BR,1BA$1.04
West Brook ApartmentsBrand New 2 Bedroom/2 Bathroom Units at West Br...2BR,2BA$1.15
2709 Ventura Dr2 Bed/ 1 bath2BR,1BA$1.05
Penn Place Apartments2 Bedroom/2 Bath2BR,1.5BA$1.06
15 E Main St3 Bed 1 Bath3BR,1BA$1.08
Union at North Crossing1 Bed 1 Bath1BR,1BA$1.16
533 W Cherry St, Lancaster, WI 538132B / 1B2BR,1BA$1.07
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$1.03

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

Explore Saint Olaf, IA Rentals by Map

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Frequently Asked Questions about Cheap Saint Olaf Apartments

What is the Cheapest Studio apartment in Saint Olaf?

Currently the most affordable Cheap Studio Apartment in Saint Olaf is at Russell Lamson listed at $695.

How much is rent for a Cheap One Bedroom Saint Olaf Apartment?

The lowest price for a Cheap One Bedroom Saint Olaf Apartment is $620 at The Meadows Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Saint Olaf is starting from $725 at 533 W Cherry St, Lancaster, WI 53813.

What is the most affordable Saint Olaf Three Bedroom Apartment?

The best deal on a cheap Saint Olaf 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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.