1 Bedroom Apartments for Rent in Waterloo, IL (40 Rentals)

Covington Place Apartments

Avion Ridge

The Port Apartments

Black Forest Apartments

Richardson Place Apartments
Cash 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.

Patterson Place Apartments

ReNew on Blues Apartments & Townhomes

South Summit Apartments

Canyon Creek

Village Royale

Grant's Trail

Columbia Lakes Apartments
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.

Storyboard on Stoney Pines

Miller Crossing Apartments & Villas

West Village

ReNew Cross Creek

Telegraph Crossing

The Vineyards

Lyon Apartments

Evergreen Manor
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Hunters Ridge STL

Oakbrook Gardens

Southfield Apartments

117 S 11th St

117 S 4th St
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.
Waterloo, IL Local Guide

How much does it cost to rent an apartment in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Studio Apartments | $779 | $695 | $849 |
Waterloo 1 Bedroom Apartments | $1,097 | $700 | $1,495 |
| Waterloo 2 Bedroom Apartments | $1,271 | $790 | $1,880 |
| Waterloo 3 Bedroom Apartments | $1,516 | $1,130 | $1,799 |
Browse Top Apartments in Waterloo
See all Apartments in WaterlooExplore Waterloo
Waterloo, IL Local Guide
- Waterloo Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Waterloo and Nearby 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in Waterloo, IL is found at Lyon Apartments in the Princeton Heights neighborhood and is 1,142 square feet priced from $1,330. West Village in the Derby City neighborhood has the second largest 1 Bedroom, which is sized at 900 square feet and currently listed start at $1,350. Here is today’s list of the largest available 1 Bedroom units in Waterloo:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Lyon Apartments | A6 | 1,142 Sq Ft | $1,330 |
| West Village | 1 Bed 1 Bath | 900 Sq Ft | $1,350 |
| ReNew Cross Creek | Valencia | 858 Sq Ft | $1,305 |
| Storyboard on Stoney Pines | Stoney Pines A1 | 850 Sq Ft | $1,395 |
| Greenway Trail Apartments | Save up to $500 off Move In Costs with your EXC... | 750 Sq Ft | $900 |
| Southfield Apartments | 1 BR/ 1 BA | 700 Sq Ft | $825 |
| Trolley Circle | One Bedroom | 686 Sq Ft | $414 |
| Covington Place Apartments | 1 Bedroom and 1 Bathroom | 650 Sq Ft | $853 |
| Tuscany Village Apartments | 1 Bedroom 1 Bath | 650 Sq Ft | $879 |
| Taravue Park | Catskill | 647 Sq Ft | $875 |
Cheapest Available Waterloo and Nearby 1 Bedroom Apartments
As of November 09, 2025 the lowest priced 1 Bedroom apartment unit in Waterloo, IL is the One Bedroom Model starting from $414 at Trolley Circle in the East Saint Louis neighborhood. The second most affordable Waterloo 1 Bedroom is the One Bedroom Garden Model at Jefferson Townhomes starting at $810 in the Lemay neighborhood. The average price for all 1 Bedroom apartments in Waterloo is currently $1,097. Here is today’s list of the cheapest available 1 Bedroom options in Waterloo:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Trolley Circle | One Bedroom | $414 |
| Jefferson Townhomes | One Bedroom Garden | $810 |
| Southfield Apartments | 1 BR/ 1 BA | $825 |
| Covington Place Apartments | 1 Bedroom and 1 Bathroom | $853 |
| Taravue Park | Catskill | $875 |
| Tuscany Village Apartments | 1 Bedroom 1 Bath | $879 |
| 500 E A St | 1 Bed, 1 bath | $895 |
| Greenway Trail Apartments | Save up to $500 off Move In Costs with your EXC... | $900 |
| Telegraph Crossing | One Bedroom Deluxe | $925 |
| ReNew on Blues Apartments & Townhomes | A1 | $970 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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.
Best Local Schools in Waterloo, IL
Rogers Elementary School
Waterloo High School
Waterloo Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterloo, IL Rentals by Map
See the most popular apartments and homes in Waterloo, IL
Getting Around Waterloo, IL
Walk Score®
29 / 100
Car-Dependent
Most errands require a car
Bike Score®
32 / 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 1 Bedroom Waterloo Apartments
How much is the average rent for a 1 Bedroom Waterloo Apartment?
The average rent for a 1 Bedroom Apartment in Waterloo is $1,097.
What is the largest available 1 Bedroom Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 1,142 square feet unit starting from $1,330 at Lyon Apartments.
What is the average size for Waterloo 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Waterloo is currently 496 sq ft.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.














