
Cheap Homes for Rent in Waterloo, AL from $500 (10 Rentals)
Cheap Homes in Waterloo.


414 Hermitage Dr

409 N Poplar St

543 Dulin St

1975 Darby Dr
Navigating 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.

1217 E Reeder St

1705 N Wood Ave

424 W Woodland Rd

514 Industry St

402 W Tombigbee St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Waterloo, AL Local Guide

How much does it cost to rent a home in Waterloo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterloo 2 Bedroom Homes for Rent | $1,060 | $695 | $1,500 |
Waterloo 3 Bedroom Homes for Rent | $1,227 | $895 | $1,500 |
Waterloo 4 Bedroom Homes for Rent | $2,025 | $1,600 | $2,800 |
Browse Top Homes for Rent in Waterloo
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Waterloo, AL Local Guide
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Cheapest Available Waterloo Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterloo, AL is a 2 Beds unit found at Greenleaf Apartments priced from $517. Shadybrook Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $612. Here is today’s list of the most affordable Waterloo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Greenleaf Apartments | 2 Beds, 1 bath | 2BR,1BA | $517 |
Shadybrook Apartments | Two-Bedoom | 2BR,1BA | $612 |
West Tennessee Street | 0BR/1.0BA | Studio,1BA | $625 |
Best Value Apartments for Rent in Waterloo, AL and Nearby
As of May 03, 2025 the best value apartment in the Waterloo area is the $0.71 price per square foot 2BR/2.0BA Model at 2/2 Apartment - Killen, AL in the starting from $900. The second greatest value Waterloo apartment is the 2 BR/2 BA Model at Seville Place Apartment Village starting at $995 with a $0.87 price per square foot . Here is today’s list of the best values for Waterloo apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2/2 Apartment - Killen, AL | 2BR/2.0BA | 2BR,2BA | $0.71 |
Seville Place Apartment Village | 2 BR/2 BA | 2BR,2BA | $0.87 |
STONEBROOK VILLAGE | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.80 |
Monarch Creek | 2 Bedroom Two Bathroom-Deluxe | 2BR,2BA | $0.86 |
Brentwood | 2BR/2.0BA | 2BR,2BA | $0.87 |
Shadybrook Apartments | Two-Bedoom | 2BR,1BA | $0.63 |
Brookfield Apartment Homes | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $0.89 |
North Village | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $0.99 |
The Oakley at Spring Creek | One Bedroom | 1BR,1BA | $0.96 |
Greenleaf Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.73 |
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Frequently Asked Questions about Waterloo
What type of rentals are currently available in Waterloo?
There are currently 44 Apartments for Rent in Waterloo, AL with pricing that ranges from $462 to $1,938. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo ranging from $595 to $2,800.
What is the current price range for Rental Homes in Waterloo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterloo ranges from $595 to $2,800 with an average monthly rent of $1,249.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.