
Cheap Homes for Rent in Waterloo, AL from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Waterloo.


1027 Bellemeade Ave

414 Hermitage Dr

809 Keller Ln

512 Trade St

1975 Darby Dr
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.

1705 N Wood Ave

1706 E 28th St

1119 Glendale St
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.

402 W Tombigbee St

1110 E 26th St

322 W Irvine Ave
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 | $1,003 | $795 | $1,460 |
Waterloo 3 Bedroom Homes for Rent | $1,422 | $895 | $1,995 |
Waterloo 4 Bedroom Homes for Rent | $1,511 | $1,200 | $1,650 |
Browse Top Homes for Rent in Waterloo
Explore Waterloo
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. West Tennessee Street in the Downtown Florence neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $600. 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 |
West Tennessee Street | 0BR/1.0BA | Studio,1BA | $600 |
Shadybrook Apartments | Two-Bedoom | 2BR,1BA | $612 |
Oliver Crossing | Two Bedroom | 2BR,1BA | $684 |
Ivy Pointe Apartments | 2 Bedroom | 2BR,1BA | $709 |
Best Value Apartments for Rent in Waterloo, AL and Nearby
As of June 27, 2025 the best value apartment in the Waterloo area is the $0.96 price per square foot 2 BR/2 BA Model at Seville Place Apartment Village in the starting from $1,100. The second greatest value Waterloo apartment is the Flats Unit Model at Creekside Apartments starting at $1,095 with a $1.00 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. |
---|---|---|---|
Seville Place Apartment Village | 2 BR/2 BA | 2BR,2BA | $0.96 |
Creekside Apartments | Flats Unit | 2BR,2BA | $1.00 |
Cypress Ridge | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.72 |
North Village | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.98 |
Shadybrook Apartments | Two-Bedoom | 2BR,1BA | $0.63 |
Brookfield Apartment Homes | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $0.89 |
Ivy Pointe Apartments | 2 Bedroom | 2BR,1BA | $0.75 |
The Oakley at Spring Creek | One Bedroom | 1BR,1BA | $0.98 |
Oliver Crossing | Two Bedroom | 2BR,1BA | $0.86 |
Greenleaf Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.73 |
Quick Rent Budget Calculator
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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 $1,811. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo ranging from $600 to $1,995.
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 $600 to $1,995 with an average monthly rent of $1,152.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.