
Cheap Apartments for Rent near Waterville, WA from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterville.


Two Bedroom Apartments

College Park Apartments

Rainier Apartments

University Park & Place

Leavenworth Haus

Cascade Village

The Vintage
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.

Baker Apartments

Heron Creek Apartments

The Weston Apartments

The Gateway

Total Monthly Price
Pioneer Meadows

Solara

Autumn Haus

Modern Heights
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.

Central Park Villas

Central Park Apartments

Vradenburg Apartments

Greenpointe Townhomes

Riverfront Village

Park View Apartments

Total Monthly Price
Sagecrest

Pioneer Apartments
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.

Total Monthly Price
411 6th Street Northeast

Deer Haven Apartments

The Landing at Saddlerock

Total Monthly Price
Riverly

227 Main Ave E

Glacier Apartments

The Den

Alderwood Manor
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.

40505 Basin St NW

Juniper Apartments

The Orchard on Eastmont

2436 Chatham Hill Dr

11 Ivy St NE

Mission View Flats

Aspen Heights

322 W Woodin Ave
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.

LIVEasy Street

1580 S Miller St
Waterville, WA Local Guide

How much does it cost to rent an apartment in Waterville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterville Studio Apartments | $1,363 | $795 | $1,675 |
| Waterville 1 Bedroom Apartments | $1,554 | $850 | $1,845 |
| Waterville 2 Bedroom Apartments | $1,858 | $799 | $2,860 |
| Waterville 3 Bedroom Apartments | $1,939 | $699 | $3,020 |
| Waterville 4 Bedroom Apartments | $1,364 | $1,061 | $1,995 |
Browse Top Apartments in Waterville
See all Apartments in WatervilleExplore Waterville
Waterville, WA Local Guide
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Cheapest Available Waterville Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterville, WA is a 2 Beds unit found at The Cape at Interlake priced from $600. Two Bedroom Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable Waterville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Cape at Interlake | Bellflower | 2BR,2BA | $600 |
| Two Bedroom Apartments | 0BR/1.0BA | Studio,1BA | $795 |
| College Park Apartments | 1 bed 1 bath | 1BR,1BA | $900 |
| Leavenworth Haus | Eltz EF | Studio,1BA | $1,025 |
| Cascade Village | Baker 2 Bed/1 Bath | 2BR,1BA | $1,125 |
| The Vintage | The Ciena | 1BR,1BA | $1,185 |
| Baker Apartments | 2x1 | 2BR,1BA | $1,187 |
| University Park & Place | 2 Bed 1 Bath - Place | 2BR,1BA | $1,194 |
| Rainier Apartments | 2x1 | 2BR,1BA | $1,199 |
| Heron Creek Apartments | 2 Bed 2 Bath Stonecrest | 2BR,2BA | $1,238 |
Best Value Apartments for Rent in Waterville, WA and Nearby
As of September 06, 2026 the best value apartment in the Waterville area is the $1.41 price per square foot High Desert Estates- New Townhomes in Quincy, W... Model at High Desert Estates in the starting from $1,995. The second greatest value Waterville apartment is the 3x2 Exceptional Model at Modern Heights starting at $1,600 with a $1.44 price per square foot in the Sage Vista neighborhood. 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. |
|---|---|---|---|
| High Desert Estates | High Desert Estates- New Townhomes in Quincy, W... | 3BR,2.5BA | $1.41 |
| Modern Heights | 3x2 Exceptional | 3BR,2BA | $1.44 |
| The Cape at Interlake | Newton | 3BR,2BA | $0.65 |
| The Gateway | Two Bedroom, Two Bath | 2BR,2BA | $1.39 |
| Vradenburg Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.45 |
| The Weston Apartments | Phase II A | 1BR,1BA | $1.45 |
| Heron Creek Apartments | 2 Bed 1 Bath Crestview | 2BR,1BA | $1.50 |
| Baker Apartments | 2x1 | 2BR,1BA | $1.52 |
| Rainier Apartments | 2x1 | 2BR,1BA | $1.54 |
| Cascade Village | Baker 2 Bed/1 Bath | 2BR,1BA | $1.56 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick 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, WA Rentals by Map
See the most popular apartments and homes in Waterville, WA
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 Two Bedroom Apartments 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 $850 at Two Bedroom Apartments.
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 $600 at The Cape at Interlake.
What is the most affordable Waterville Three Bedroom Apartment?
The best deal on a cheap Waterville Three Bedroom Apartment rental is at The Cape at Interlake and starts from $696.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.