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


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

College Park Apartments

Rainier Apartments

University Park & Place

Alderwood Manor

Cascade Village

Heron Creek Apartments
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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

Total Monthly Price
Pioneer Meadows

Baker Apartments

The Vintage

Solara

The Weston Apartments

Autumn Haus

Greenpointe Townhomes
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.

Central Park Villas

Modern Heights

The Gateway

Riverfront Village

Park View Apartments

Cedarwood

Total Monthly Price
411 6th Street Northeast

Courtyard 465
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.

Central Park Apartments

The Landing at Saddlerock

Deer Haven Apartments

Total Monthly Price
Sagecrest

Total Monthly Price
Riverly

227 Main Ave E

Glacier Apartments

The Den
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

112 G St NW

Juniper Apartments

The Orchard on Eastmont

LIVEasy Street

Mission View Flats

Aspen Heights
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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.

527 Canterbury Ln

165 Mc Fadden Dr
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 | $1,353 | $682 | $1,675 |
| Waterville 1 Bedroom Apartments | $1,529 | $900 | $1,860 |
| Waterville 2 Bedroom Apartments | $1,651 | $808 | $2,860 |
| Waterville 3 Bedroom Apartments | $1,790 | $724 | $3,170 |
| Waterville 4 Bedroom Apartments | $1,728 | $1,061 | $2,573 |
Browse Top Apartments in Waterville
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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. Wingspan Landing - 6379 Arnold Dr NE, Moses Lake, WA 98837 has the second lowest priced unit, which is a Studio apartment currently listed from $682. 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 |
| Wingspan Landing - 6379 Arnold Dr NE, Moses Lake, WA 98837 | 0BR/1.0BA | Studio,1BA | $682 |
| College Park Apartments | 1 bed 1 bath | 1BR,1BA | $900 |
| Alderwood Manor | 1 BR/ 1 BA | 1BR,1BA | $1,000 |
| Heron Creek Apartments | 1 Bed 1 Bath Sage | 1BR,1BA | $1,032 |
| The Den | One Bed | 1BR,1BA | $1,035 |
| University Park & Place | 2 Bed 1 Bath - Place | 2BR,1BA | $1,194 |
| The Vintage | The Ciena | 1BR,1BA | $1,200 |
| Solara | Arezza | 1BR,1BA | $1,245 |
| The Weston Apartments | Phase II A | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Waterville, WA and Nearby
As of June 08, 2026 the best value apartment in the Waterville area is the $1.49 price per square foot 3x2 Exceptional Model at Modern Heights in the in the Sage Vista neighborhood starting from $1,650. The second greatest value Waterville apartment is the Newton Model at The Cape at Interlake starting at $696 with a $0.65 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. |
|---|---|---|---|
| Modern Heights | 3x2 Exceptional | 3BR,2BA | $1.49 |
| The Cape at Interlake | Newton | 3BR,2BA | $0.65 |
| The Gateway | Two Bedroom, Two Bath | 2BR,2BA | $1.44 |
| Central Park Villas | Two Bedroom Two Bath | 2BR,2BA | $1.44 |
| Greenpointe Townhomes | Ashton Townhome | 2BR,1.5BA | $1.48 |
| The Weston Apartments | Phase II A | 1BR,1BA | $1.45 |
| The Verge | 2x2 | 2BR,2BA | $1.00 |
| The Vintage | The Ciena | 1BR,1BA | $1.62 |
| University Park & Place | 2 Bed 1 Bath - Place | 2BR,1BA | $1.66 |
| The Den | One Bed | 1BR,1BA | $1.58 |
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 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 Wingspan Landing - 6379 Arnold Dr NE, Moses Lake, WA 98837 listed at $682.
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 $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

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.

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.