
1 Bedroom Apartments for Rent in Waterloo, IN (35 Rentals)


Concord Manufactured Community

Knoll Creek & Waterloo Apartments

385 S Wayne St

Waterloo Apartments

Arcadia Apartments

Wood Creek Apartments

Avalon at Northbrook Apartments and Townhomes

Dupont Lakes Apartments

Union Club 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.

BONTERRA APARTMENTS

Windsor Oaks

Fountain Lake Apartment Homes

Reserve at Dawson's Creek

Deerfield Village

Terrace Place Apartments

Nelson Estates Apartments

West Commons

Drake Terrace III

Crosswait Estates Apartments
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Dupont Meadows

Camden Park

Island Club

Steeplechase at Parkview

OAK CROSSING

Stone Pointe Village

Homestead Village Fort Wayne - Active Living 55+

Wallen Hills Apartments

Montrose Square

Shoaff Park Villas
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Emerald Pointe (55+ Senior Community)

Griswold Estates Apartments

Atz Place

Northcrest Apartments

41 North Senior Living
Waterloo, IN Local Guide

How much does it cost to rent an apartment in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Studio Apartments | $974 | $695 | $1,199 |
| Waterloo 1 Bedroom Apartments | $1,244 | $625 | $1,950 |
| Waterloo 2 Bedroom Apartments | $1,506 | $725 | $2,341 |
| Waterloo 3 Bedroom Apartments | $1,949 | $776 | $2,500 |
| Waterloo 4 Bedroom Apartments | $1,245 | $625 | $2,486 |
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Waterloo, IN Local Guide
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Largest Available Waterloo and Nearby 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in Waterloo, IN is found at Union Club Apartments in the Pine Valley neighborhood and is 1,070 square feet priced from $1,395. Windsor Oaks in the North Fort Wayne neighborhood has the second largest 1 Bedroom, which is sized at 912 square feet and currently listed start at $1,150. Here is today’s list of the largest available 1 Bedroom units in Waterloo:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Union Club Apartments | Irvington | 1,070 Sq Ft | $1,395 |
| Windsor Oaks | The Cedar | 912 Sq Ft | $1,150 |
| BONTERRA APARTMENTS | Malbec | 803 Sq Ft | $1,265 |
| Arcadia Apartments | Allara 1A | 792 Sq Ft | $1,495 |
| Terrace Place Apartments | Carlton | 760 Sq Ft | $1,399 |
| Steeplechase at Parkview | Saratoga | 749 Sq Ft | $1,241 |
| Reserve at Dawson's Creek | The Daisy - Premium | 738 Sq Ft | $1,326 |
| Dupont Lakes Apartments | One Bedroom | 727 Sq Ft | $1,080 |
| Fountain Lake Apartment Homes | Versailles | 722 Sq Ft | $815 |
| Camden Park | Aster | 722 Sq Ft | $1,364 |
Cheapest Available Waterloo and Nearby 1 Bedroom Apartments
As of March 14, 2026 the lowest priced 1 Bedroom apartment unit in Waterloo, IN is the The Willow Model starting from $850 at Wood Creek Apartments in the Northeast Fort Wayne neighborhood. The second most affordable Waterloo 1 Bedroom is the Versailles Model at Fountain Lake Apartment Homes starting at $872 . The average price for all 1 Bedroom apartments in Waterloo is currently $1,244. Here is today’s list of the cheapest available 1 Bedroom options in Waterloo:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Wood Creek Apartments | The Willow | $850 |
| Fountain Lake Apartment Homes | Versailles | $872 |
| Wallen Hills Apartments | Teakwood | $945 |
| Stone Pointe Village | Bristol 3D | $975 |
| Deerfield Village | One Bedroom | $985 |
| Dupont Lakes Apartments | One Bedroom | $1,080 |
| Windsor Oaks | The Cedar | $1,150 |
| Homestead Village Fort Wayne - Active Living 55+ | The Audrey | $1,200 |
| Steeplechase at Parkview | Saratoga | $1,241 |
| BONTERRA APARTMENTS | Malbec | $1,265 |
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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, IN
Waterloo Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterloo, IN Rentals by Map
See the most popular apartments and homes in Waterloo, IN
Frequently Asked Questions about 1 Bedroom Waterloo Apartments
What is the Cheapest apartment in Waterloo with 1 Bedroom?
Currently the most affordable 1 Bedroom in Waterloo is at Wood Creek Apartments listed at $850.
How much is the average rent for a 1 Bedroom Waterloo Apartment?
The average rent for a 1 Bedroom Apartment in Waterloo is $1,244.
What is the largest available 1 Bedroom Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 1,070 square feet unit starting from $1,395 at Union Club 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 731 sq ft.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.