Cheap Apartments for Rent in Winthrop, IA from $500 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Winthrop.

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.

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Cedar Ridge Apartments
1 to 2 Bedroom Apartments

Cedar Ridge Apartments

2047 Blairs Ferry Rd NECedar Rapids, IA 52402
  • Utilities Included

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.

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2055 Blairs Ferry Rd NE
1 Bedroom Apartments

2055 Blairs Ferry Rd NE

2055 Blairs Ferry Rd NECedar Rapids, IA 52402
Corporate Housing
  • Utilities Included
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Russell Lamson
Studio to 3 Bedroom Apartments

Russell Lamson

209 W 5th StWaterloo, IA 50701
  • Utilities Included
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Urban Edge Apartments
1 to 2 Bedroom Apartments

Urban Edge Apartments

401 Canton St NWShellsburg, IA 52332
  • Utilities Included

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.

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124-136 Earl St
1 to 2 Bedroom Apartments

124-136 Earl St

124-136 Earl StEvansdale, IA 50707

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.

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Winthrop, IA Local Guide

Cheapest Available Winthrop Apartments for Rent and Nearby

 

The cheapest available apartment rental in Winthrop, IA is a 1 Bed unit found at Wedgewood Apartments in the Kenwood Park neighborhood priced from $445. Azure Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Winthrop apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wedgewood Apartments1 Bedroom1BR,1BA$445
Azure Apartments1bd1BR,1BA$500
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$620
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Oakview1-Bedroom1BR,1BA$745
Seasons View ApartmentsSeasons View1BR,1BA$750
ARRO Senior (55+) ApartmentsTwo Bedroom2BR,1BA$827
Union at North Crossing1 Bed 1 Bath1BR,1BA$850
Leavitt Park Apartments - Waterloo, IA***FIRST MONTH FREE!*** 2 Bed 1 Bath | Leavitt ...2BR,1BA$920
Legacy Manor of Waterloo - 55+ Living2 bedroom2BR,2BA$970

Best Value Apartments for Rent in Winthrop, IA and Nearby

As of April 29, 2026 the best value apartment in the Winthrop area is the $1.19 price per square foot 1st Month Free Model at Riverwalk Residences in the in the Downtown Waterloo neighborhood starting from $1,250. The second greatest value Winthrop apartment is the 2 BR/ 2 BA Model at 3714 Ravenwood Cir starting at $1,150 with a $1.10 price per square foot . Here is today’s list of the best values for Winthrop apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverwalk Residences1st Month Free2BR,2BA$1.19
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
Legacy Manor of Waterloo - 55+ Living2 bedroom2BR,2BA$0.94
West Brook ApartmentsBrand New 2 Bedroom/2 Bathroom Units at West Br...2BR,2BA$1.15
Cambridge TownhomesTwo Bedroom, One Bath2BR,1BA$1.09
ARRO Senior (55+) ApartmentsTwo Bedroom2BR,1BA$0.96
2861 Prairie Hill Dr1 Bed, 1 bath1BR,1BA$1.25
Union at North Crossing1 Bed 1 Bath1BR,1BA$1.23
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$1.03
Azure Apartments1bd1BR,1BA$0.96

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.

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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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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Best Local Schools in
Winthrop, IA

School data provided by Great Schools

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

Explore Winthrop, IA Rentals by Map

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See the most popular apartments and homes in Winthrop, IA

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Frequently Asked Questions about Cheap Winthrop Apartments

What is the Cheapest Studio apartment in Winthrop?

Currently the most affordable Cheap Studio Apartment in Winthrop is at Park Avenue Lofts The Temple listed at $1,100.

How much is rent for a Cheap One Bedroom Winthrop Apartment?

The lowest price for a Cheap One Bedroom Winthrop Apartment is $445 at Wedgewood Apartments.

What is the lowest price for a Cheap Two Bedroom Winthrop Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Winthrop is starting from $630 at Azure Apartments.

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

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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.

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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.

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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.

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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.