
Cheap Homes for Rent in Waterbury, NE from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Waterbury.


509 S Railroad Ave

1819 W Horne Ave, Unit 1819 1-2, Unit 1819 1-2
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.

908 1st St

2317 S Henry St

1001 Dubuque St, Unit Lower Dubuque, Unit Lower Dubuque
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.
Waterbury, NE Local Guide

How much does it cost to rent a home in Waterbury?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterbury 2 Bedroom Homes for Rent | $1,120 | $695 | $1,400 |
| Waterbury 3 Bedroom Homes for Rent | $1,528 | $500 | $3,595 |
| Waterbury 4 Bedroom Homes for Rent | $1,716 | $1,650 | $1,850 |
| Waterbury 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Top Homes for Rent in Waterbury
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Waterbury, NE Local Guide
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Cheapest Available Waterbury Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterbury, NE is a Studio unit found at Dakota Bend I & II priced from $695. 5th Street Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Waterbury apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dakota Bend I & II | DB 2 - Studio | Studio,1BA | $695 |
| 5th Street Lofts | 2 Bed 2 Bath | 2BR,2BA | $850 |
| Woodbury Heights | Two Bedroom | 2BR,1BA | $863 |
Best Value Apartments for Rent in Waterbury, NE and Nearby
As of April 12, 2026 the best value apartment in the Waterbury area is the $0.92 price per square foot 3 Bed and 2.5 Bath Model at River Drive Townhomes in the starting from $1,200. The second greatest value Waterbury apartment is the Two Bedroom, Two Bath Model at Dakota Prairie Apartments starting at $1,250 with a $1.15 price per square foot . Here is today’s list of the best values for Waterbury apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Drive Townhomes | 3 Bed and 2.5 Bath | 3BR,2.5BA | $0.92 |
| Dakota Prairie Apartments | Two Bedroom, Two Bath | 2BR,2BA | $1.15 |
| Ridge Oaks | Evergreen | 2BR,1.5BA | $1.04 |
| Floyd River Flats | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.19 |
| Lincoln Woods | 2 Bedroom Updated | 2BR,1BA | $1.06 |
| Woodbury Heights | Two Bedroom | 2BR,1BA | $0.86 |
| Country Club Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.23 |
| McCook Apartments | Rent Special - 2 Bedroom 1 Bath | 2BR,1BA | $1.33 |
| Wellington At The Dunes | Open living space + spacious master with vaulte... | 1BR,1BA | $1.31 |
| Indian Hills | Ash | 1BR,1BA | $1.41 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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!
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See the most popular apartments and homes in Waterbury, NE
Frequently Asked Questions about Waterbury
What type of rentals are currently available in Waterbury?
There are currently 39 Apartments for Rent in Waterbury, NE with pricing that ranges from $695 to $2,125. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterbury ranging from $500 to $3,595.
What is the current price range for Rental Homes in Waterbury?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterbury ranges from $500 to $3,595 with an average monthly rent of $1,402.
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

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.

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.