Cheap Homes for Rent in Waterville, IA from $500 (13 Rentals)

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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.

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.

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. Main Street Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $537. Here is today’s list of the most affordable Waterville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Collective on 4thStudioStudio,1BA$452
Main Street Apartments3x2-SS-H3BR,2BA$537
Cliffside ApartmentsOne Bedroom1BR,1BA$799
5th Ward ResidencesSTUDIO w/AlcoveStudio,1BA$899
Bluffview Apartments3715-2041BR,1BA$925

Best Value Apartments for Rent in Waterville, IA and Nearby

As of September 18, 2025 the best value apartment in the Waterville area is the $1.16 price per square foot Two Bedroom (A2) Model at Arrow Ridge in the starting from $1,395. The second greatest value Waterville apartment is the 2 Beds/2 Baths Model at The Residences @ 1027 starting at $1,450 with a $1.21 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.
Arrow RidgeTwo Bedroom (A2)2BR,1BA$1.16
The Residences @ 10272 Beds/2 Baths2BR,2BA$1.21
PDC Eco Cottages3 Bedroom3BR,2BA$1.02
WEDGEWOOD COMMONS3 Bed 1 Bath3BR,1BA$0.99
St. Vallerie Apartments2 Bed 2 Bath (Remodel)2BR,1.5BA$1.20
Riverview ApartmentsTwo Bedroom2BR,1BA$1.05
Lawler School Lofts2BR/1B2BR,1BA$1.06
Wild Grove Apartments - 702 NICCWild Grove Apartments2BR,1BA$1.09
Main Street Apartments1X1-V1BR,1BA$1.04
Collective on 4thStudioStudio ,1BA$0.90

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

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Frequently Asked Questions about Waterville

What type of rentals are currently available in Waterville?

There are currently 43 Apartments for Rent in Waterville, IA with pricing that ranges from $407 to $2,575. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterville ranging from $500 to $2,700.

What is the current price range for Rental Homes in Waterville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterville ranges from $500 to $2,700 with an average monthly rent of $1,538.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.