
Cheap Homes for Rent in Wapello, IA from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Wapello.


607 NE 3rd Ave

415 W 4th St

407-407 SW 8th St

109 S Marshall St

1710 Miles Ave
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.

2711 Flint Hills Dr

313 Cherry St

703 W 5th St

417 1/2 W 4th St

114 S Mississippi St

1406 Corse 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.

2216 Piper Pl

1234 E 4th St

207 W 4th St

2715 Lucas St

212 E 2nd St

116 N 5th St
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.
Wapello, IA Local Guide

How much does it cost to rent a home in Wapello?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wapello 2 Bedroom Homes for Rent | $1,108 | $700 | $1,800 |
| Wapello 3 Bedroom Homes for Rent | $1,274 | $875 | $1,800 |
| Wapello 4 Bedroom Homes for Rent | $2,825 | $2,550 | $3,100 |
Browse Top Homes for Rent in Wapello
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Wapello, IA Local Guide
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Cheapest Available Wapello Apartments for Rent and Nearby
 The cheapest available apartment rental in Wapello, IA is a 2 Beds unit found at Welch Hotel Senior Apartments in the Oak Ridge neighborhood priced from $452. Alice Place West Burlington in the Ginger Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $515. Here is today’s list of the most affordable Wapello apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Welch Hotel Senior Apartments | Two Bedroom | 2BR,1BA | $452 |
| Alice Place West Burlington | 1-Bedroom ADA | 1BR,1BA | $515 |
| Bel Aire Apartments | 1 Bedroom | 1BR,1BA | $645 |
| Caspian Village Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $675 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $750 |
Best Value Apartments for Rent in Wapello, IA and Nearby
As of November 01, 2025 the best value apartment in the Wapello area is the $0.50 price per square foot 4 Bedroom-2 Bathroom Model at Hawks Ridge in the in the Cottage Hill neighborhood starting from $635. The second greatest value Wapello apartment is the Mede 37 Model at Mediapolis Village starting at $910 with a $0.75 price per square foot . Here is today’s list of the best values for Wapello apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hawks Ridge | 4 Bedroom-2 Bathroom | 4BR,2BA | $0.50 |
| Mediapolis Village | Mede 37 | 3BR,2BA | $0.75 |
| Blaul Lofts | Blaul Lofts - 311 | 2BR,1BA | $1.12 |
| Alice Place West Burlington | 2-Bedroom | 2BR,1BA | $0.90 |
| Colorado Senior Lofts 55+ | Two Bedroom | 2BR,1BA | $0.86 |
| Churchill Lofts | Churchill Lofts - 207 | 2BR,1BA | $1.11 |
| Walcott Manor Apartments | 2 BR/ 1 BA | 2BR,1BA | $0.98 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $1.00 |
| Westland Village | 1x1 | 1BR,1BA | $1.00 |
| The Quarters Iowa City | A2 - 2x1 | 2BR,1BA | $0.90 |
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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Wapello
What type of rentals are currently available in Wapello?
There are currently 51 Apartments for Rent in Wapello, IA with pricing that ranges from $452 to $3,300. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wapello ranging from $685 to $3,100.
What is the current price range for Rental Homes in Wapello?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wapello ranges from $685 to $3,100 with an average monthly rent of $1,400.
How much are larger Three and Four Bedroom Rentals in Wapello?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wapello range from $695 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $1,800. Four Bedroom Single-Family rentals are also available starting from $2,550 and Four Bedroom Apartments start at $1,800.
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.