Polevodka (Russian: Полеводка; Altay: Ӱстӱги-Кӱбее, Üstügi-Kübeye) is a rural locality (a settlement) in Ust-Koksinsky District, the Altai Republic, Russia.

Polevodka is located 29 km southeast of Ust-Koksa (the district's administrative centre) by road.

Margala is the nearest rural locality.

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