Cheap Apartments for Rent near Waterville, IA from $500 (39 Rentals)

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

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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131 S Vine St
1 to 2 Bedroom Apartments

131 S Vine St

131 S Vine StWest Union, IA 52175
  • Utilities Included
property at 302 Royal St

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675
Total Monthly Price
$675

Studio, 1 Bath Condo for Rent

Available Now

302 Royal St

OnalaskaWI54650

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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Collective on 4th
Studio to 3 Bedroom Apartments

Collective on 4th

403 Jackson StLa crosse, WI 54601
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Bluffview Apartments
Studio to 2 Bedroom Apartments

Bluffview Apartments

3715 Mormon Coulee RdLa crosse, WI 54601
  • 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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Showing Results 1-39, Page 1 of 1

Waterville, IA Local Guide

Cheapest Available Waterville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterville, IA is a 2 Beds unit found at LINTON VILLAGE priced from $640. 533 W Cherry St, Lancaster, WI 53813 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here is today’s list of the most affordable Waterville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LINTON VILLAGE2 Bedroom 1 Bathroom2BR,1BA$640
533 W Cherry St, Lancaster, WI 53813Studio2BR,1BA$725
Grandview LoftsStudiosStudio,1BA$795
The Hub on 6thStudioStudio,1BA$850
5th Ward ResidencesSTUDIO w/AlcoveStudio,1BA$899
Badger West ResidencesOri Flex StudioStudio,1BA$920
Gund Brewery Lofts1 Bedroom 1 Bathroom1BR,1BA$929
C & C ResidencesOri Shift StudioStudio,1BA$930
Wild Grove Apartments - 702 NICC2 Bed Updated2BR,1BA$950
WEDGEWOOD COMMONSStudioStudio,1BA$955

Best Value Apartments for Rent in Waterville, IA and Nearby

As of August 05, 2026 the best value apartment in the Waterville area is the $0.47 price per square foot 4 BR Model at The Vine in the in the Downtown La Crosse neighborhood starting from $635. The second greatest value Waterville apartment is the 1135 State 3 BR Model at 1125-1135 State Street starting at $600 with a $0.49 price per square foot in the Downtown La Crosse neighborhood. 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.
The Vine4 BR4BR,2BA$0.47
1125-1135 State Street1135 State 3 BR3BR,1BA$0.49
Lawler School Lofts3BR/2B3BR,2BA$0.85
The Residences @ 10272 Beds/2 Baths2BR,2BA$1.25
Arrow RidgeTwo Bedroom (A2)2BR,1BA$1.04
LINTON VILLAGE2 Bedroom 1 Bathroom2BR,1BA$0.67
Cliffside ApartmentsTwo Bedroom2BR,1BA$1.28
Wild Grove Apartments - 702 NICC2 Bed Updated2BR,1BA$1.09
Gund Brewery Lofts1 Bedroom 1 Bathroom1BR,1BA$1.09
533 W Cherry St, Lancaster, WI 538132B / 1B2BR,1BA$1.07

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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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 Waterville, IA Rentals by Map

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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 Grandview Lofts listed at $795.

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

The lowest price for a Cheap One Bedroom Waterville Apartment is $725 at 533 W Cherry St, Lancaster, WI 53813.

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 $640 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 Lawler School Lofts and starts from $1,017.

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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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.