Cheap Apartments for Rent in Waterville, IA from $500 (44 Rentals)

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

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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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 Jul 1

302 Royal St

OnalaskaWI54650

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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Collective on 4th
Studio to 3 Bedroom Apartments

Collective on 4th

403 Jackson StLa crosse, WI 54601

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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Bluffview Apartments
Studio to 2 Bedroom Apartments

Bluffview Apartments

3715 Mormon Coulee RdLa crosse, WI 54601
  • Utilities Included
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802 7th St
2 to 4 Bedroom Apartments

802 7th St

802 7th StLa crosse, WI 54601
Student Housing
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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 2 Beds unit found at LINTON VILLAGE priced from $640. 533 W Cherry St has the second lowest priced unit, which is a Studio 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 StUnit 2Studio,1BA$725
Cliffside ApartmentsOne Bedroom1BR,1BA$799
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
Elliott Arms ApartmentsDeluxe Corner StudioStudio,1BA$970
Rock Avenue Apartments1 Bed 1 Bath1BR,1BA$975

Best Value Apartments for Rent in Waterville, IA and Nearby

As of June 21, 2026 the best value apartment in the Waterville area is the $0.55 price per square foot 3 BR LARGER Rooms Apt 205/305 Model at The Vine in the in the Downtown La Crosse neighborhood starting from $695. The second greatest value Waterville apartment is the 1135 State 3 BR Model at 1125-1135 State Street starting at $650 with a $0.53 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 Vine3 BR LARGER Rooms Apt 205/3053BR,1BA$0.55
1125-1135 State Street1135 State 3 BR3BR,1BA$0.53
Lawler School Lofts3BR/2B3BR,2BA$0.85
Arrow RidgeTwo Bedroom (A2)2BR,1BA$1.11
Riverview ApartmentsTwo Bedroom2BR,1BA$1.18
LINTON VILLAGE2 Bedroom 1 Bathroom2BR,1BA$0.67
Cliffside ApartmentsTwo Bedroom2BR,1BA$1.22
Gund Brewery Lofts1 Bedroom 1 Bathroom1BR,1BA$1.09
Rock Avenue Apartments1 Bed 1 Bath1BR,1BA$1.23
533 W Cherry StUnit 2Studio ,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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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.

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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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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 533 W Cherry St listed at $725.

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

The lowest price for a Cheap One Bedroom Waterville Apartment is $929 at Gund Brewery Lofts.

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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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.