
Cheap Apartments for Rent in Waterville, WA from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterville.


Cascade Village

Wingspan Landing - 6379 Arnold Dr NE, Moses Lake, WA 98837

College Park Apartments

Rainier Apartments

University Park & Place

Alderwood Manor

The Den
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.

Leavenworth Haus

Baker Apartments

The Vintage

Heron Creek Apartments

Solara

The Weston Apartments

The Gateway

Total Monthly Price
Pioneer Meadows
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.

Autumn Haus

Greenpointe Townhomes

Park View Apartments

Central Park Villas

Riverfront Village

Castlerock

227 Main Ave E

Glacier Apartments
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.

40505 Basin St NW

1232 Vandenburg Ave

908 C St SW

711 Methow St

112 G St NW

Juniper Apartments

1388 Rd F NE

The Orchard on Eastmont
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.

921 Methow St

1700 Locust St

4208 Stratford Rd NE
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 | $1,346 | $707 | $1,675 |
| Waterville 1 Bedroom Apartments | $1,433 | $900 | $2,595 |
| Waterville 2 Bedroom Apartments | $1,434 | $849 | $2,770 |
| Waterville 3 Bedroom Apartments | $1,824 | $724 | $3,250 |
| Waterville 4 Bedroom Apartments | $1,482 | $1,035 | $2,275 |
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 $586. Wingspan Landing - 6379 Arnold Dr NE, Moses Lake, WA 98837 has the second lowest priced unit, which is a Studio apartment currently listed from $718. 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 | $586 |
| Wingspan Landing - 6379 Arnold Dr NE, Moses Lake, WA 98837 | 0BR/1.0BA | Studio,1BA | $718 |
| College Park Apartments | 1 bed 1 bath | 1BR,1BA | $900 |
| Leavenworth Haus | Eltz EF | Studio,1BA | $1,050 |
| Baker Apartments | 2x1 | 2BR,1BA | $1,187 |
| University Park & Place | 2 Bed 1 Bath - Place | 2BR,1BA | $1,194 |
| The Vintage | The Ciena | 1BR,1BA | $1,200 |
| Heron Creek Apartments | 2 Bed 2 Bath | 2BR,2BA | $1,210 |
| Solara | Arezza | 1BR,1BA | $1,240 |
| The Weston Apartments | Phase II A | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Waterville, WA and Nearby
As of April 24, 2026 the best value apartment in the Waterville area is the $1.51 price per square foot 2BR/1.5BA Model at Emerson Ave in the in the Downtown Wenatchee neighborhood starting from $1,815. The second greatest value Waterville apartment is the Pyramid Model at Altitude starting at $1,895 with a $1.66 price per square foot . 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. |
|---|---|---|---|
| Emerson Ave | 2BR/1.5BA | 2BR,1.5BA | $1.51 |
| Altitude | Pyramid | 2BR,2BA | $1.66 |
| The Cape at Interlake | Newton | 3BR,2BA | $0.63 |
| Central Park Villas | Two Bedroom Two Bath | 2BR,2BA | $1.39 |
| Cedarwood | Alpine | 2BR,1BA | $1.63 |
| Heron Creek Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.34 |
| The Weston Apartments | Phase II A | 1BR,1BA | $1.45 |
| The Verge | 2x2 | 2BR,2BA | $1.00 |
| Baker Apartments | 2x1 | 2BR,1BA | $1.52 |
| University Park & Place | 2 Bed 1 Bath - Place | 2BR,1BA | $1.66 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 Wingspan Landing - 6379 Arnold Dr NE, Moses Lake, WA 98837 listed at $718.
How much is rent for a Cheap One Bedroom Waterville Apartment?
The lowest price for a Cheap One Bedroom Waterville Apartment is $900 at College Park 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 $586 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 $679.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.