
3 Bedroom Apartments for Rent in Waterloo, IN (31 Rentals)


The Grand at Shoaff Park

Somerset Townhomes and Villas

Copper Creek Villas

Dupont Meadows

Arcadia Apartments

Avalon at Northbrook Apartments and Townhomes
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.

Union Club Apartments

Reserve at Dawson's Creek

Drake Terrace III

Steeplechase at Parkview

OAK CROSSING
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.

10095 Bluffs Cor

14818 Wayne St

116 N Summit St

515 N State St

110 N Sheridan St

10326 Old Leo Rd

1409 W King 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.

8314 Sunny Ln

3920 E Church St

7510 E 620 S

14599 Cerro Verde Run

2822 Union Chapel Rd

9420 Bridgewood Pl

202 Riley Pl
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.

115 Lane 101b Crooked Lk

5600 Bear Creek Pass
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 | $929 | $695 | $1,175 |
| Waterloo 1 Bedroom Apartments | $1,203 | $625 | $1,950 |
| Waterloo 2 Bedroom Apartments | $1,484 | $640 | $2,348 |
Waterloo 3 Bedroom Apartments | $1,868 | $756 | $2,500 |
| Waterloo 4 Bedroom Apartments | $1,227 | $600 | $2,483 |
Browse Top Apartments in Waterloo
See all Apartments in WaterlooExplore Waterloo
Waterloo, IN Local Guide
- Nearby Cities
- ZIP codes
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- School Districts
Largest Available Waterloo and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Waterloo, IN is found at Union Club Apartments in the Pine Valley neighborhood and is 1,757 square feet priced from $1,995. Windsor Oaks in the North Fort Wayne neighborhood has the second largest 3 Bedroom, which is sized at 1,468 square feet and currently listed start at $1,615. Here is today’s list of the largest available 3 Bedroom units in Waterloo:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Union Club Apartments | Kensington | 1,757 Sq Ft | $1,995 |
| Windsor Oaks | The Oak | 1,468 Sq Ft | $1,615 |
| The Meadows at Keefer Creek | Furnished - Utilities Included | 1,448 Sq Ft | $1,995 |
| Somerset Townhomes and Villas | Walnuthill | 1,424 Sq Ft | $1,995 |
| Steeplechase at Parkview | Grand National | 1,366 Sq Ft | $1,652 |
| BONTERRA APARTMENTS | Barbera | 1,324 Sq Ft | $1,776 |
| Reserve at Dawson's Creek | The Goldenrod - Premium | 1,291 Sq Ft | $1,560 |
| The Grand at Shoaff Park | C2P | 1,238 Sq Ft | $1,590 |
Cheapest Available Waterloo and Nearby 3 Bedroom Apartments
As of December 20, 2025 the lowest priced 3 Bedroom apartment unit in Waterloo, IN is the The Goldenrod - Premium Model starting from $1,560 at Reserve at Dawson's Creek in the Northwest Fort Wayne neighborhood. The second most affordable Waterloo 3 Bedroom is the C2 Model at The Grand at Shoaff Park starting at $1,590 in the Northeast Fort Wayne neighborhood. The average price for all 3 Bedroom apartments in Waterloo is currently $1,868. Here is today’s list of the cheapest available 3 Bedroom options in Waterloo:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Reserve at Dawson's Creek | The Goldenrod - Premium | $1,560 |
| The Grand at Shoaff Park | C2 | $1,590 |
| Windsor Oaks | The Oak | $1,615 |
| Steeplechase at Parkview | Grand National | $1,652 |
| BONTERRA APARTMENTS | Barbera | $1,776 |
| Union Club Apartments | Kensington | $1,995 |
| The Meadows at Keefer Creek | Unfurnished | $1,995 |
| Somerset Townhomes and Villas | Walnuthill | $1,995 |
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 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, IN
Waterloo Elementary School
Dekalb High School
Dekalb Middle 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
Getting Around Waterloo, IN
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
29 / 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 3 Bedroom Waterloo Apartments
What is the Cheapest apartment in Waterloo with 3 Bedroom?
Currently the most affordable 3 Bedroom in Waterloo is at Reserve at Dawson's Creek listed at $1,560.
How much is the average rent for a 3 Bedroom Waterloo Apartment?
The average rent for a 3 Bedroom Apartment in Waterloo is $1,868.
What is the largest available 3 Bedroom Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 1,757 square feet unit starting from $1,995 at Union Club Apartments.
What is the average size for Waterloo 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Waterloo is currently 1,100 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

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.

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.


