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$625 - $1,3001 to 2 Bedroom Apartments Contact Us For Availability
Emerald Pointe (55+ Senior Community)
1614-1848 E Cook RdFort Wayne, IN 46825
Cheap Apartments for Rent in Waterloo, IN from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterloo.
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$645 - $895Studio to 2 Bedroom Apartments Available Now
Shoaff Park Villas
4584 Jason DrFort Wayne, IN 46835
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$676 - $7561 to 3 Bedroom Apartments Available Now
Drake Terrace III
636 Berry LnKendallville, IN 46755
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$8151 Bedroom Apartments Available Sep 7
Fountain Lake Apartment Homes
6501 Reed RdFort Wayne, IN 46835
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.
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$818 - $1,180Studio to 2 Bedroom Apartments Available Aug 8
Wallen Hills Apartments
402 Wallen Hills DrFort Wayne, IN 46825
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$865 - $1,1302 Bedroom Apartments Available Sep 12
Golfview Apartments
6500 St. Joe RdFort Wayne, IN 46835
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$875 - $1,0511 to 2 Bedroom Apartments Available Now
Wood Creek Apartments
6729 Ramblewood DrFort Wayne, IN 46835
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$875 - $1,2501 to 3 Bedroom Apartments Available Now
Deerfield Village
1998 Deerfield LnKendallville, IN 46755
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$895 - $1,150Studio to 2 Bedroom Apartments Available Aug 14
Stone Pointe Village
530 Ridgemoor DrFort Wayne, IN 46825
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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.
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17425 IN-37
HarlanIN46743
354 W 9th St
AuburnIN46706
122 Walnut St
ButlerIN46721
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.
200 John St
ButlerIN46721
Showing Results 1-15, Page 1 of 1
Waterloo, IN Local Guide
Historic houses in Waterloo by MrHarman is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Studio Apartments | $884 | $645 | $1,128 |
| Waterloo 1 Bedroom Apartments | $1,241 | $625 | $1,950 |
| Waterloo 2 Bedroom Apartments | $1,410 | $640 | $2,464 |
| Waterloo 3 Bedroom Apartments | $1,757 | $756 | $2,899 |
| Waterloo 4 Bedroom Apartments | $600 | $600 | $600 |
Browse Top Apartments in Waterloo
See all Apartments in WaterlooExplore Waterloo
Waterloo, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Waterloo Apartments for Rent and Nearby
The cheapest available apartment rental in Waterloo, IN is a Studio unit found at Shoaff Park Villas in the Northeast Fort Wayne neighborhood priced from $645. Atz Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $706. Here is today’s list of the most affordable Waterloo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shoaff Park Villas | Studio, 1 bath | Studio,1BA | $645 |
| Atz Place | One Bedroom | 1BR,1BA | $706 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $721 |
| Deerfield Village | One Bedroom | 1BR,1BA | $875 |
| Wood Creek Apartments | The Dogwood | 1BR,1BA | $900 |
Best Value Apartments for Rent in Waterloo, IN and Nearby
As of July 25, 2025 the best value apartment in the Waterloo area is the $0.87 price per square foot Two Bedroom Model at Huntertown Apartments in the in the Outer Northside neighborhood starting from $1,300. The second greatest value Waterloo apartment is the Copper Creek Townhome Model at Copper Creek Villas starting at $1,695 with a $1.16 price per square foot in the Outer Northside neighborhood. 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. |
|---|---|---|---|
| Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $0.87 |
| Copper Creek Villas | Copper Creek Townhome | 3BR,2.5BA | $1.16 |
| Island Club | Grand Bahamas | 2BR,2BA | $1.25 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.14 |
| The Grand at Shoaff Park | B2P | 2BR,2BA | $1.24 |
| St Joe Place | 2x2 | 2BR,2BA | $0.80 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $0.96 |
| Atz Place | One Bedroom | 1BR,1BA | $1.04 |
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Best Local Schools in Waterloo, IN
Waterloo Elementary School
Dekalb County Ctl United Sch District
Public School - Grades PK-5 (220)
4 out of 10
Dekalb High School
Dekalb County Ctl United Sch District
Public School - Grades 9-12 (1075)
6 out of 10
Dekalb Middle School
Dekalb County Ctl United Sch District
Public School - Grades 6-8 (800)
6 out of 10
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 Cheap Waterloo Apartments
How much is rent for a Cheap One Bedroom Waterloo Apartment?
The lowest price for a Cheap One Bedroom Waterloo Apartment is $706 at Atz Place.
What is the lowest price for a Cheap Two Bedroom Waterloo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterloo is starting from $721 at Drake Terrace III.
What is the most affordable Waterloo Three Bedroom Apartment?
The best deal on a cheap Waterloo Three Bedroom Apartment rental is at BONTERRA APARTMENTS and starts from $1,539.
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.