Cheap Apartments for Rent near Waterfall, PA from $565 (55 Rentals)

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

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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Hopper Commons
2 to 3 Bedroom Apartments

Hopper Commons

126 Hopper LnHollidaysburg, PA 16648
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Normandy Lofts
1 to 3 Bedroom Apartments

Normandy Lofts

23 Airport RdShippensburg, PA 17257

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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111 Broad St
Studio to 2 Bedroom Apartments

111 Broad St

111 Broad StHollidaysburg, PA 16648
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Russell Building
1 to 2 Bedroom Apartments

Russell Building

1724 12th AveAltoona, PA 16601
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Laurel Woods
1 to 3 Bedroom Apartments

Laurel Woods

1943 Saint Joseph StCresson, PA 16630
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Raystown Crossing
2 to 4 Bedroom Apartments

Raystown Crossing

1000 Raystown CirShippensburg, PA 17257
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109 S Earl St
2 to 3 Bedroom Apartments

109 S Earl St

109 S Earl StShippensburg, PA 17257
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Rose Rent Lofts
Studio to 3 Bedroom Apartments

Rose Rent Lofts

57 S 3rd StChambersburg, PA 17201
  • Utilities Included

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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405 Blossom Dr
2 Bedroom Apartments

405 Blossom Dr

405 Blossom DrDuncansville, PA 16635
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Allegheny One Apartments
2 Bedroom Apartments

Allegheny One Apartments

1160 Municipal DrDuncansville, PA 16635
Senior Living
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The Overlook Apartments
2 Bedroom Apartments

The Overlook Apartments

501-905 Mattern Orchard DrHollidaysburg, PA 16648
Corporate Housing
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106 Beckman Dr
2 Bedroom Apartments

106 Beckman Dr

106 Beckman DrAltoona, PA 16602
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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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Waterfall, PA Local Guide

Cheapest Available Waterfall Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterfall, PA is a 2 Beds unit found at Hopper Commons priced from $900. Mountain View in the Downtown Altoona neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here is today’s list of the most affordable Waterfall apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hopper Commons2 Bedroom2BR, 1BA$900
Mountain ViewUnfurnished2BR, 2BA$925
Normandy Lofts2 Bedroom2BR, 1BA$995
300-306 W Main St1 Bedroom A1BR, 1BA$1,000
Cottages of Shippensburg, 55+Two Bedroom2BR, 1BA$1,025
Washington Square Town Homes2 Bedroom 9072BR, 1BA$1,031
Creekside ApartmentsTwo Bedroom2BR, 2BA$1,200
Raystown Crossing4 Bedroom4BR, 2BA$1,214
Orchard ApartmentsOrchard Apartments 2 Bedroom2BR, 2BA$1,250
Shippensburg Village TownhomesTwo Bedroom Townhome3BR, 2BA$1,297

Best Value Apartments for Rent in Waterfall, PA and Nearby

As of September 22, 2026 the best value apartment in the Waterfall area is the $0.76 price per square foot Townhouse with Den Model at Fountainview Apartments & Townhomes in the Outer Downtown Maugansville neighborhood starting from $1,550. The second greatest value Waterfall apartment is the Jennifer Model at Delano Meadows in the Franklin County neighborhood starting at $2,095 with a $1.07 price per square foot. Here is today’s list of the best values for Waterfall apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fountainview Apartments & TownhomesTownhouse with Den3BR, 3.5BA$0.76
Delano MeadowsJennifer3BR, 2.5BA$1.07
Channing Drive Townhomes & Oakley Lane Villas2 Level Townhome3BR, 2.5BA$0.97
Highlands of Greenvillage*Townhomes - 3 bed 2. 5 bath3BR, 2.5BA$1.00
Raystown Crossing4 Bedroom4BR, 2BA$0.83
Creekside ApartmentsThree Bedroom with Den3BR, 2BA$1.00
Orchard ApartmentsOrchard Apartments 2 Bedroom2BR, 2BA$0.98
Cottages of Shippensburg, 55+Two Bedroom2BR, 1BA$1.04
Altoona Student Housing1 Bed1BR, 1BA$0.46
Hopper Commons2 Bedroom2BR, 1BA$0.94

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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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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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 Waterfall, PA Rentals by Map

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Frequently Asked Questions about Cheap Waterfall Apartments

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

The lowest price for a Cheap One Bedroom Waterfall Apartment is $1,000 at 300-306 W Main St.

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

Today's best deal for a Cheap Two Bedroom Apartment in Waterfall is starting from $900 at Hopper Commons.

What is the most affordable Waterfall Three Bedroom Apartment?

The best deal on a cheap Waterfall Three Bedroom Apartment rental is at Shippensburg Village Townhomes and starts from $1,297.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.