Cheap Apartments for Rent in Waterville, IA from $400 (12 Rentals)

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

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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Waterville, IA Local Guide

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. 131 S Vine St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Waterville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Collective on 4thStudioStudio,1BA$452
131 S Vine St2021BR,1BA$550
LINTON VILLAGE2 Bedroom 1 Bathroom2BR,1BA$566
5th Ward ResidencesSTUDIOStudio,1BA$665
WEDGEWOOD COMMONSEfficiency 1 BathStudio,1BA$745

Best Value Apartments for Rent in Waterville, IA and Nearby

As of July 09, 2025 the best value apartment in the Waterville area is the $1.18 price per square foot Two Bedroom (A2) Model at Arrow Ridge in the starting from $1,420. The second greatest value Waterville apartment is the Two Bedroom, 1.5 Bathroom Model at Valley View Townhomes starting at $1,250 with a $1.25 price per square foot . Here is today’s list of the best values for Waterville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arrow RidgeTwo Bedroom (A2)2BR,1BA$1.18
Valley View TownhomesTwo Bedroom, 1.5 Bathroom2BR,1.5BA$1.25
LINTON VILLAGE2 Bedroom 1 Bathroom2BR,1BA$0.59
Prairie Bluff Apartments2B/2B2BR,2BA$1.39
Wild Grove Apartments - 702 NICC2 Bed Updated2BR,1BA$1.09
Main Street Apartments1 Bedroom, 1 Bath1BR,1BA$0.91
St. Vallerie Apartments1BR/1.0BA1BR,1BA$1.32
Riverview ApartmentsOne Bedroom1BR,1BA$1.44
131 S Vine St2021BR,1BA$0.92
Collective on 4thStudioStudio ,1BA$0.90

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

Explore Waterville, IA Rentals by Map

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See the most popular apartments and homes in Waterville, IA

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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 $566 at LINTON VILLAGE.

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.

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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.