Cheap Apartments for Rent in Wadena, IA from $500 (39 Rentals)

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

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
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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 Now

208 W Main St

DunkertonIA50626

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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124-136 Earl St
1 to 2 Bedroom Apartments

124-136 Earl St

124-136 Earl StEvansdale, IA 50707

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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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
  • Utilities Included
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Le Chateau
1 to 2 Bedroom Apartments

Le Chateau

733-747 Russell RdWaterloo, IA 50701
  • Utilities Included

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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Wadena, IA Local Guide

Cheapest Available Wadena Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wadena, IA is a 1 Bed unit found at PDC Eco Cottages priced from $500. 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 Wadena apartments for rent:

Apartment ListingModel NameBed/BathPriced From
PDC Eco Cottages1 Bedroom 30%1BR,1BA$500
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$620
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$625
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Brookside ApartmentsOne-Bedroom Apartment1BR,1BA$750
Kent CircleUpdated Cozy 1 Bedroom / 1 Bath Apartment in SW...1BR,1BA$760
Falls Edge StudiosStudio B REVStudio,1BA$815
Park @ Nine23A11BR,1BA$830
Union at North Crossing1 Bed 1 Bath1BR,1BA$850
Edgemont Park ApartmentsOne Bedroom Apartment With Poolside Balcony At ...1BR,1BA$915

Best Value Apartments for Rent in Wadena, IA and Nearby

As of May 03, 2026 the best value apartment in the Wadena area is the $1.02 price per square foot Beautiful HUGE 3 Bedroom/2 Bath Apartment in Gr... Model at Pineview Place Apartments in the starting from $1,220. The second greatest value Wadena apartment is the 3BR/2B Model at Lawler School Lofts starting at $969 with a $0.81 price per square foot . Here is today’s list of the best values for Wadena apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pineview Place ApartmentsBeautiful HUGE 3 Bedroom/2 Bath Apartment in Gr...3BR,2BA$1.02
Lawler School Lofts3BR/2B3BR,2BA$0.81
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
Legacy Manor of Waterloo - 55+ Living2 bedroom2BR,2BA$0.94
Rolling Meadows Apartments3 bedroom/2bath3BR,2BA$0.96
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.02
Lantern Square Apartments Spacious 1, 2 & 3 BedroomsLS 2x1.52BR,1.5BA$1.04
PDC Eco Cottages1 Bedroom 30%1BR,1BA$0.71
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.02
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$1.03

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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

Explore Wadena, IA Rentals by Map

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See the most popular apartments and homes in Wadena, IA

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Frequently Asked Questions about Cheap Wadena Apartments

What is the Cheapest Studio apartment in Wadena?

Currently the most affordable Cheap Studio Apartment in Wadena is at Falls Edge Studios listed at $815.

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

The lowest price for a Cheap One Bedroom Wadena Apartment is $500 at PDC Eco Cottages.

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

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

What is the most affordable Wadena Three Bedroom Apartment?

The best deal on a cheap Wadena 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.