
Cheap Apartments for Rent in Waukon, IA from $500 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Waukon.


104 8th Ave SW

South Crest Assisted Living

PDC Eco Cottages

LINTON VILLAGE

Grand River Station

The Driftless Senior Apartments and Townhomes

Total Monthly Price
Haven on Main

The Meadows Apartments
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.

WEDGEWOOD COMMONS

Grandview Lofts

Cliffside Apartments

312 W Broadway St

The Hub on 6th

Great River Residences

5th Ward Residences

Gund Brewery Lofts

Lawler School Lofts
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.

Geneva Terrace Apartments

C & C Residences

Wild Grove Apartments - 702 NICC

Riverview Apartments

Elliott Arms Apartments

Rock Avenue Apartments

The Residences at Market Square

Prairie Bluff Apartments

St. Vallerie 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.

Badger West Residences

Roosevelt School Apartments

Valley View Townhomes

The Millennial

1820 Radford Rd

131 S Vine St

109 W Oak St

420 E Main St

816 5th Ave NE
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.

Main Street Apartments

Collective on 4th

12 6th Ave NE

310 N Frederick Ave

River Bluff Apartment Homes

Bluffview Apartments

714 2nd Ave NW

19714 Kneeland Ave

802 7th St
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.

303 Rose St

15462 Lewis Rd
Waukon, IA Local Guide

How much does it cost to rent an apartment in Waukon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waukon Studio Apartments | $952 | $775 | $1,375 |
| Waukon 1 Bedroom Apartments | $1,085 | $500 | $1,435 |
| Waukon 2 Bedroom Apartments | $1,373 | $598 | $1,895 |
| Waukon 3 Bedroom Apartments | $1,640 | $656 | $2,495 |
| Waukon 4 Bedroom Apartments | $2,323 | $1,950 | $2,640 |
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Waukon, IA Local Guide
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Cheapest Available Waukon Apartments for Rent and Nearby
 The cheapest available apartment rental in Waukon, IA is a 1 Bed unit found at The Meadows Apartments in the Southlawn Court neighborhood priced from $620. Main Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Waukon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Meadows Apartments | Otter Creek 1Bd | 1BR, 1BA | $620 |
| Main Street Apartments | 1X1-V | 1BR, 1BA | $800 |
| 312 W Broadway St | 2 bed | 2BR, 2BA | $825 |
| The Hub on 6th | Studio | Studio, 1BA | $850 |
| Gund Brewery Lofts | 1 Bedroom 1 Bathroom | 1BR, 1BA | $920 |
| Geneva Terrace Apartments | 1 Bedroom | 1BR, 1BA | $925 |
| C & C Residences | Ori Shift Studio | Studio, 1BA | $930 |
| Great River Residences | 400 Court St Studio ADA | Studio, 1BA | $945 |
| WEDGEWOOD COMMONS | Studio | Studio, 1BA | $955 |
| Elliott Arms Apartments | Deluxe Corner Studio (Includes Heat) | Studio, 1BA | $970 |
Best Value Apartments for Rent in Waukon, IA and Nearby
As of September 17, 2026 the best value apartment in the Waukon area is the $0.88 price per square foot 3BR/2B Model at Lawler School Lofts starting from $1,059. The second greatest value Waukon apartment is the Two Bedroom with basement Model at Valley View Townhomes starting at $1,450 with a $1.21 price per square foot. Here is today’s list of the best values for Waukon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lawler School Lofts | 3BR/2B | 3BR, 2BA | $0.88 |
| Valley View Townhomes | Two Bedroom with basement | 2BR, 1BA | $1.21 |
| Riverview Apartments | Two Bedroom | 2BR, 1BA | $1.15 |
| Gund Brewery Lofts | 1 Bedroom 1 Bathroom | 1BR, 1BA | $1.08 |
| The Residences at Market Square | 1 Bed 1 Bath Sr | 1BR, 1BA | $1.18 |
| 312 W Broadway St | 2 bed | 2BR, 2BA | $1.01 |
| Geneva Terrace Apartments | 1 Bedroom | 1BR, 1BA | $1.19 |
| Prairie Bluff Apartments | 1B/1B | 1BR, 1BA | $1.31 |
| Main Street Apartments | 1X1-V | 1BR, 1BA | $1.10 |
| The Meadows Apartments | Otter Creek 1Bd | 1BR, 1BA | $1.03 |
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.
Best Local Schools in Waukon, IA
East Campus Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waukon, IA Rentals by Map
See the most popular apartments and homes in Waukon, IA
Frequently Asked Questions about Cheap Waukon Apartments
What is the Cheapest Studio apartment in Waukon?
Currently the most affordable Cheap Studio Apartment in Waukon is at The Hub on 6th listed at $850.
How much is rent for a Cheap One Bedroom Waukon Apartment?
The lowest price for a Cheap One Bedroom Waukon Apartment is $620 at The Meadows Apartments.
What is the lowest price for a Cheap Two Bedroom Waukon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waukon is starting from $750 at The Meadows Apartments.
What is the most affordable Waukon Three Bedroom Apartment?
The best deal on a cheap Waukon Three Bedroom Apartment rental is at The Meadows Apartments and starts from $850.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.