Cheap Apartments for Rent in Wapello, IA from $500 (25 Rentals)

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

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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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630 N 6th St
Studio Apartments

630 N 6th St

630 N 6th StBurlington, IA 52601
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Bel Aire Apartments
1 to 2 Bedroom Apartments

Bel Aire Apartments

301 Bel Aire CtBurlington, IA 52601
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 116 N 5th St

116 N 5th St

BurlingtonIA52601
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Wapello, IA Local Guide

Cheapest Available Wapello Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wapello, IA is a 2 Beds unit found at Mediapolis Village priced from $595. Park Madison Apartments in the Ginger Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Wapello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mediapolis VillageUnit 672BR,1BA$595
Park Madison Apartments1BR/1BA1BR,1BA$700
Cotton Mill Apartments1x11BR,1BA$700
Green Gable CottagesGreen Gable - Memorial Park Rd1BR,1BA$750
The Burlington Apartments1BR/1BA1BR,1BA$795

Best Value Apartments for Rent in Wapello, IA and Nearby

As of June 16, 2025 the best value apartment in the Wapello area is the $1.21 price per square foot 3 Bed / 2 Bath with W/D Model at Mane Gate Apartments in the in the Fair Meadows neighborhood starting from $1,405. The second greatest value Wapello apartment is the 510 Layne Drive Model at Nexus TownHomes starting at $1,275 with a $1.28 price per square foot in the Ginger Ridge neighborhood. Here is today’s list of the best values for Wapello apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mane Gate Apartments3 Bed / 2 Bath with W/D3BR,2BA$1.21
Nexus TownHomes510 Layne Drive2BR,1BA$1.28
Churchill LoftsChurchill Lofts - 2102BR,1BA$0.98
Colorado Senior Lofts 55+Two Bedroom2BR,1BA$1.18
Blaul LoftsBlaul Lofts - 3121BR,1BA$0.98
Orchards & Woodlands2BR/1.0BA2BR,1BA$1.21
Park Madison Apartments1BR/1BA1BR,1BA$0.93
Cotton Mill Apartments1x11BR,1BA$1.00
Mediapolis VillageUnit 382BR,1BA$0.95
The Burlington Apartments1BR/1BA1BR,1BA$1.29

Quick Rent Budget Calculator

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

Explore Wapello, IA Rentals by Map

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See the most popular apartments and homes in Wapello, IA

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Getting Around Wapello, IA

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

33 / 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 Wapello Apartments

What is the Cheapest Studio apartment in Wapello?

Currently the most affordable Cheap Studio Apartment in Wapello is at Urbane424 Apartments listed at $925.

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

The lowest price for a Cheap One Bedroom Wapello Apartment is $700 at Park Madison Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Wapello is starting from $595 at Mediapolis Village.

What is the most affordable Wapello Three Bedroom Apartment?

The best deal on a cheap Wapello Three Bedroom Apartment rental is at Mediapolis Village and starts from $799.

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.