Cheap Apartments for Rent in the Outlying Monroe County Neighborhood of Waterloo, IL from $1,050 (10 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Outlying Monroe County area of Waterloo.

close
View Me
503-505 Park St
1 to 2 Bedroom Apartments

503-505 Park St

503-505 Park StWaterloo, IL 62298
close
View Me
309-311 Front St
1 Bedroom Apartments

309-311 Front St

309-311 Front StWaterloo, IL 62298
close
View Me
Bella Vista Senior
1 to 2 Bedroom Apartments

Bella Vista Senior

103 Debra LnWaterloo, IL 62298
Senior Living
close
View Me
5101 Eric Dr
1 Bedroom Apartments

5101 Eric Dr

5101 Eric DrImperial, MO 63052

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

close
View Me
5100 Eric Dr
1 Bedroom Apartments

5100 Eric Dr

5100 Eric DrImperial, MO 63052
close
View Me
Red Bud Estates II
1 to 2 Bedroom Apartments

Red Bud Estates II

575 Country Club DrRed Bud, IL 62278
close
View Me
Red Bud Estates I
1 to 2 Bedroom Apartments

Red Bud Estates I

710 W Market StRed Bud, IL 62278
close
View Me
Valmeyer Senior Apartments
1 to 2 Bedroom Apartments

Valmeyer Senior Apartments

112 E Woodland RdgValmeyer, IL 62295
Senior Living
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Outlying Monroe County, Waterloo, IL Local Guide

Best Value Apartments for Rent in Outlying Monroe County, IL

As of September 19, 2026 the best value apartment in the Outlying Monroe County area is the $0.54 price per square foot 1015 Westward Trails Dr Model at 1015 Westward Trails Dr, Unit 1015 in the Imperial neighborhood starting from $1,050. The second greatest value Outlying Monroe County apartment is the 404 Flower St Model at 404 Flower St, Unit 404 Flower in the Metro East neighborhood starting at $1,450 with a $1.13 price per square foot. Here is today’s list of the best values for Outlying Monroe County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1015 Westward Trails Dr, Unit 10151015 Westward Trails Dr3BR, 1.5BA$0.54
404 Flower St, Unit 404 Flower404 Flower St3BR, 2BA$1.13

Don'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 Article
Decorative image

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.

Read Article

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.