
Cheap Apartments for Rent in Waterloo, NE from $900 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterloo.


The Harbor at Valley Shores

The Village on the Preserve

West Hampton Park Apartment Homes

Westline at Flanagan Lake
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.

Fifty575 Coventry

Cambridge Villas

Trade Winds Apartment Homes

EVO Townhomes & Apartments

Cambury Hills Apartments

The Trails at North Streams
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.

Capriana

Broadmoor Hills

Antler View Apartments
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.

Grand Legacy
Omaha's Best Affordable Neighborhoods
Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

Dalmore Apartments

2019 Benson Gardens Blvd

8919 Burt St
Waterloo, NE Local Guide

How much does it cost to rent an apartment in Waterloo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterloo Studio Apartments | $1,219 | $1,030 | $1,670 |
Waterloo 1 Bedroom Apartments | $1,425 | $1,035 | $2,755 |
Waterloo 2 Bedroom Apartments | $1,891 | $1,175 | $3,759 |
Waterloo 3 Bedroom Apartments | $2,517 | $1,803 | $3,250 |
Waterloo 4 Bedroom Apartments | $3,185 | $2,599 | $3,550 |
Browse Top Apartments in Waterloo
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Waterloo, NE Local Guide
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Cheapest Available Waterloo Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterloo, NE is a Studio unit found at Westline at Flanagan Lake in the Northeast Outer Elkhorn neighborhood priced from $1,090. 1010 on the Lake in the Northeast Outer Elkhorn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Waterloo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Westline at Flanagan Lake | Studio - 498 SF | Studio,1BA | $1,090 |
1010 on the Lake | A1 Studio Floor Plan | 1BR,1BA | $1,095 |
Fifty575 Coventry | E | Studio,1BA | $1,111 |
Lynbrook Apartments and Townhomes | One Bedroom | 1BR,1BA | $1,122 |
Trade Winds Apartment Homes | One Bedroom | 1BR,1BA | $1,137 |
EVO Townhomes & Apartments | Bungalow | Studio,1BA | $1,140 |
Cambury Hills Apartments | Cottage | 1BR,1BA | $1,150 |
Antler View Apartments | 1 Bedroom | 1BR,1BA | $1,155 |
The Abacus | S2 | Studio,1BA | $1,160 |
The Trails at North Streams | Standing Bear | Studio,1BA | $1,175 |
Best Value Apartments for Rent in Waterloo, NE and Nearby
As of June 04, 2025 the best value apartment in the Waterloo area is the $1.39 price per square foot Dogwood Model at The Village on the Preserve in the in the South Elkhorn neighborhood starting from $1,675. The second greatest value Waterloo apartment is the 2 Bedroom, 2 Bathroom - 1144 SF Model at VUE178 starting at $1,591 with a $1.39 price per square foot in the Northeast Outer Elkhorn 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. |
---|---|---|---|
The Village on the Preserve | Dogwood | 2BR,2BA | $1.39 |
VUE178 | 2 Bedroom, 2 Bathroom - 1144 SF | 2BR,2BA | $1.39 |
Villas At The Pines | 2 Bedroom | 2BR,2BA | $1.14 |
Lakeside Hills | The Geneva | 1BR,1BA | $1.34 |
West Hampton Park Apartment Homes | Two Bedroom | 2BR,2BA | $1.28 |
Antler View Apartments | 1 Bedroom | 1BR,1BA | $1.30 |
Whispering Ridge | A2R | 1BR,1BA | $1.56 |
Trade Winds Apartment Homes | One Bedroom | 1BR,1BA | $1.43 |
Cambury Hills Apartments | Cottage | 1BR,1BA | $1.48 |
Lynbrook Apartments and Townhomes | One Bedroom | 1BR,1BA | $1.58 |
Quick Rent Budget Calculator
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Pet Friendly Lifestyle
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Pet Friendliness Lifestyle Score
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See the most popular apartments and homes in Waterloo, NE
Getting Around Waterloo, NE
Walk Score®
16 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
43 / 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
What is the Cheapest Studio apartment in Waterloo?
Currently the most affordable Cheap Studio Apartment in Waterloo is at Fifty575 Coventry listed at $1,107.
How much is rent for a Cheap One Bedroom Waterloo Apartment?
The lowest price for a Cheap One Bedroom Waterloo Apartment is $1,060 at Antler View Apartments.
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 $1,295 at Villas At The Pines.
What is the most affordable Waterloo Three Bedroom Apartment?
The best deal on a cheap Waterloo Three Bedroom Apartment rental is at Dalmore Apartments and starts from $1,803.
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.

Exploring Omaha’s Best Affordable Neighborhoods: Finding Your Perfect Fit in the Heart of the Midwest
Written by: Darla Ferrara
If you want to enjoy the good life but still have access to big-city perks, Omaha is the right choice. This metropolis has everything you could want, from fine dining to an award-winning zoo to a vibrant indie music scene.

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.