Cheap Apartments for Rent near Waterloo, NE from $1,000 (56 Rentals)

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Search the lowest-cost Apartments available for rent right now in Waterloo.

Omaha's Best Affordable Neighborhoods

Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

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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.

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Capriana
Rent Specials
$1,362 - $3,696
Total Monthly Price

Total Monthly Price

Base Rent
$1,362 - $3,696
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Capriana

3333 N 212th StOmaha, NE 68022
Corporate Housing
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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.

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Elkhorn Station
1 to 2 Bedroom Apartments

Elkhorn Station

2606 N Main StElkhorn, NE 68022
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Dalmore Apartments
1 to 3 Bedroom Apartments

Dalmore Apartments

1303-1403 S 203rd StOmaha, NE 68130
  • Utilities Included
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Stone Creek Villas
1 to 3 Bedroom Apartments

Stone Creek Villas

5113 N 158th AveOmaha, NE 68116
Corporate Housing

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Sandstone Villas
2 to 3 Bedroom Apartments

Sandstone Villas

16201 Ida StOmaha, NE 68116
Corporate Housing

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Waterloo, NE Local Guide

Cheapest Available Waterloo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterloo, NE is a 1 Bed unit found at Fifty575 Coventry in the Elkhorn neighborhood priced from $1,047. West Hampton Park Apartment Homes in the Elkhorn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,053. Here is today’s list of the most affordable Waterloo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fifty575 CoventryA21BR,1BA$1,047
West Hampton Park Apartment HomesOne Bedroom1BR,1BA$1,053
The Trails at North StreamsStanding BearStudio,1BA$1,055
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1,140
EVO Townhomes & ApartmentsBungalowStudio,1BA$1,145
Lynbrook Apartments and TownhomesOne Bedroom1BR,1BA$1,159
The AbacusS2Studio,1BA$1,160
Broadmoor HillsJackson1BR,1BA$1,165
1010 on the LakeA695 One Bed Floor Plan1BR,1BA$1,195
Edge 204Little ItalyStudio,1BA$1,255

Best Value Apartments for Rent in Waterloo, NE and Nearby

As of July 21, 2026 the best value apartment in the Waterloo area is the $1.41 price per square foot Kensington Model at Cambridge Villas in the in the Northeast Outer Elkhorn neighborhood starting from $2,225. The second greatest value Waterloo apartment is the Monroe Model at Sandstone Villas starting at $2,250 with a $1.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cambridge VillasKensington2BR,2BA$1.41
Sandstone VillasMonroe3BR,2.5BA$1.57
Elk HillsElk underground parking2BR,2BA$1.25
Briar HillsTwo Bedroom2BR,2BA$1.15
Villas At The Pines2 Bedroom2BR,2BA$1.14
VUE1782 Bedroom, 2 Bathroom - 1117 SF2BR,2BA$1.50
Cambury Hills ApartmentsChateau2BR,2BA$1.27
The Village on the PreserveBirch1BR,1BA$1.56
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1.43
West Hampton Park Apartment HomesOne Bedroom1BR,1BA$1.44

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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 The Trails at North Streams listed at $1,055.

How much is rent for a Cheap One Bedroom Waterloo Apartment?

The lowest price for a Cheap One Bedroom Waterloo Apartment is $1,047 at Fifty575 Coventry.

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

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 Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Omaha article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Omaha

Written by: Darla Ferrara

Omaha is more than just a big city in Nebraska—it’s a college town. Thousands of students move to the Gateway to the West each year to attend one of the many colleges and universities.

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

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.