
Cheap Apartments for Rent in Waterville, IA from $400 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterville.


PDC Cottages

WEDGEWOOD COMMONS

Main Street Apartments

Cliffside Apartments
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.

5th Ward Residences

The Millennial

Arrowhead Apartments & Townhomes

The Hub on 6th

The Driftless Apartments

434 W Madison

105 W Howard St
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.

109 Ludland Dr

220 1st Ave NW

12 6th Ave NE

117 6th Ave SW

7 6th St SE

524 5th Ave NW

302 Royal St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

302 3rd Ave NW
Waterville, IA Local Guide

How much does it cost to rent an apartment in Waterville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterville Studio Apartments | $926 | $452 | $1,299 |
Waterville 1 Bedroom Apartments | $1,166 | $474 | $1,949 |
Waterville 2 Bedroom Apartments | $1,458 | $566 | $2,379 |
Waterville 3 Bedroom Apartments | $1,539 | $626 | $2,849 |
Browse Top Apartments in Waterville
See all Apartments in WatervilleExplore Waterville
Waterville, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Waterville Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterville, IA is a Studio unit found at Collective on 4th in the Downtown La Crosse neighborhood priced from $452. LINTON VILLAGE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $477. Here is today’s list of the most affordable Waterville apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Collective on 4th | Studio | Studio,1BA | $452 |
LINTON VILLAGE | 1 Bedroom 1 Bathroom | 1BR,1BA | $477 |
Main Street Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $759 |
Cliffside Apartments | One Bedroom | 1BR,1BA | $799 |
5th Ward Residences | STUDIO ADA | Studio,1BA | $799 |
Best Value Apartments for Rent in Waterville, IA and Nearby
As of May 12, 2025 the best value apartment in the Waterville area is the $1.17 price per square foot Two Bedroom with basement Model at Valley View Townhomes in the starting from $1,400. The second greatest value Waterville apartment is the 3 Beds, 3 baths 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 Waterville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Valley View Townhomes | Two Bedroom with basement | 2BR,1BA | $1.17 |
Lawler School Lofts | 3 Beds, 3 baths | 3BR,3BA | $0.81 |
Arrow Ridge | Two Bedroom (A2) | 2BR,1BA | $1.23 |
Riverview Apartments | Two Bedroom | 2BR,1BA | $1.15 |
Prairie Bluff Apartments | 2B/2B | 2BR,2BA | $1.39 |
LINTON VILLAGE | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.51 |
Main Street Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $0.91 |
The Driftless Apartments | 1 Bed 1 Bath (ages 55+) - 80% Income Limit | 1BR,1BA | $1.30 |
Cliffside Apartments | One Bedroom | 1BR,1BA | $1.33 |
Collective on 4th | Studio | Studio ,1BA | $0.90 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterville, IA Rentals by Map
See the most popular apartments and homes in Waterville, IA
Getting Around Waterville, IA
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
8 / 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 Waterville Apartments
What is the Cheapest Studio apartment in Waterville?
Currently the most affordable Cheap Studio Apartment in Waterville is at Collective on 4th listed at $452.
How much is rent for a Cheap One Bedroom Waterville Apartment?
The lowest price for a Cheap One Bedroom Waterville Apartment is $474 at Collective on 4th.
What is the lowest price for a Cheap Two Bedroom Waterville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterville is starting from $571 at Collective on 4th.
What is the most affordable Waterville Three Bedroom Apartment?
The best deal on a cheap Waterville Three Bedroom Apartment rental is at Collective on 4th and starts from $665.
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.

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.

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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.