Cheap Homes for Rent in Wapello, IA from $600 (14 Rentals)

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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.

property at 116 N 5th St

116 N 5th St

BurlingtonIA52601

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.

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 510 Wapello St S priced from $641. 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
510 Wapello St SUnit 382BR,1BA$641
Park Madison Apartments1BR/1BA1BR,1BA$700
Cotton Mill Apartments1 Bed, 1 bath1BR,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 May 31, 2025 the best value apartment in the Wapello area is the $0.89 price per square foot Churchill Lofts - 316 Model at Churchill Lofts in the in the Ginger Ridge neighborhood starting from $1,498. The second greatest value Wapello apartment is the Three Bedroom Model at Village Woods starting at $1,355 with a $1.20 price per square foot . 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.
Churchill LoftsChurchill Lofts - 3162BR,1BA$0.89
Village WoodsThree Bedroom3BR,2BA$1.20
Nexus TownHomes510 Layne Drive2BR,1BA$1.28
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 Apartments1 Bed, 1 bath1BR,1BA$1.00
510 Wapello St SUnit 382BR,1BA$1.03
The Burlington Apartments1BR/1BA1BR,1BA$1.29

Quick Rent Budget Calculator

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Frequently Asked Questions about Wapello

What type of rentals are currently available in Wapello?

There are currently 45 Apartments for Rent in Wapello, IA with pricing that ranges from $615 to $3,300. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wapello ranging from $680 to $2,800.

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 $680 to $2,800 with an average monthly rent of $1,614.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.