Cheap Apartments for Rent in Oelwein, IA from $400 (31 Rentals)

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Otter Creek Cottages
1 Bedroom Apartments

Otter Creek Cottages

102 8th Ave NWOelwein, IA 50662
  • Utilities Included
Showing Results 1-31, Page 1 of 1

Oelwein, IA Local Guide

Cheapest Neighborhoods for Apartments in Oelwein, IA

Pricing Updated: 03/26/2025

Current apartment rentals in the Oelwein, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Oelwein Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Southlawn Court$637$52512
Hickory Hideaway$750$525255

Cheapest Available Oelwein Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oelwein, IA is a 1 Bed unit found at Prairie Village of LaPorte City priced from $643. Russell Lamson in the Downtown Waterloo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Oelwein apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Russell LamsonStudioStudio,1BA$675
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$675
The Meadows ApartmentsQuads 2Bd2BR,1BA$700
1106-1110 Kent CircleKent Circle 1 Bed/1 Bath1BR,1BA$750
Union at North Crossing1 Bed 1 Bath1BR,1BA$757
1637 Carriage Hill Dr2 BR/ 1 BA2BR,1BA$775
228 Spaces - Furnished Micro-Living Apartments2nd Floor StudioStudio,1BA$795
Leavitt Park Apartments - Waterloo, IAStandard Unit2BR,1BA$800

Best Value Apartments for Rent in Oelwein, IA and Nearby

As of March 26, 2025 the best value apartment in the Oelwein area is the $1.10 price per square foot 2BR/2.0BA Model at West Brook 3 in the starting from $1,150. The second greatest value Oelwein apartment is the 2 BR/ 2 BA Model at 3714 Ravenwood Cir starting at $1,100 with a $1.05 price per square foot . Here is today’s list of the best values for Oelwein apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
West Brook 32BR/2.0BA2BR,2BA$1.10
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.05
Hawkeye Towers3/2.003BR,2BA$0.50
Pineview Place ApartmentsPrime Waterloo Living: 2-Bedroom / 1-Bath Apart...2BR,1BA$1.00
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Le Chateau2BR/1.5BA2BR,1.5BA$0.96
214 8th Ave SE, Unit 4214 8th Ave SE2BR,1BA$0.96
The Meadows ApartmentsMeadows 2Bd2BR,1BA$0.92
1637 Carriage Hill Dr2 BR/ 1 BA2BR,1BA$1.10
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.11

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Best Local Schools in
Oelwein, IA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Getting Around Oelwein, IA

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Oelwein Apartments

What is the Cheapest Studio apartment in Oelwein?

Currently the most affordable Cheap Studio Apartment in Oelwein is at Russell Lamson listed at $675.

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

The lowest price for a Cheap One Bedroom Oelwein Apartment is $643 at Prairie Village of LaPorte City.

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

Today's best deal for a Cheap Two Bedroom Apartment in Oelwein is starting from $700 at The Meadows Apartments.

What is the most affordable Oelwein Three Bedroom Apartment?

The best deal on a cheap Oelwein Three Bedroom Apartment rental is at The Meadows Apartments and starts from $750.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.