Cheap Apartments for Rent in Waterloo, NE from $900 (36 Rentals)

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

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Capriana
Rent Specials
$1,415 - $3,118
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $3,118
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Capriana

3333 N 212th StOmaha, NE 68022
Corporate Housing
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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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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

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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Showing Results 1-36, Page 1 of 1

Waterloo, NE Local Guide

Cheapest Available Waterloo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterloo, NE is a Studio unit found at The Trails at North Streams in the Millard neighborhood priced from $999. Fifty575 Coventry in the South Elkhorn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here is today’s list of the most affordable Waterloo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Trails at North StreamsStanding BearStudio,1BA$999
Fifty575 CoventryA11BR,1BA$1,005
EVO Townhomes & ApartmentsBungalowStudio,1BA$1,075
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1,140
Cambury Hills ApartmentsCottage1BR,1BA$1,150
Lynbrook Apartments and TownhomesOne Bedroom1BR,1BA$1,151
1010 on the LakeA695 One Bed Floor Plan1BR,1BA$1,195
Briar HillsOne Bedroom1BR,1BA$1,210
Westline at Flanagan Lake1 Bedroom, 1 Bathroom - 677-720 SF1BR,1BA$1,223
Grand LegacyEcho (Flat)1BR,1BA$1,245

Best Value Apartments for Rent in Waterloo, NE and Nearby

As of April 20, 2026 the best value apartment in the Waterloo area is the $1.23 price per square foot Newcastle Model at Cambridge Villas in the in the Northeast Outer Elkhorn neighborhood starting from $2,200. The second greatest value Waterloo apartment is the The Tahoe Model at Lakeside Hills starting at $1,850 with a $1.33 price per square foot in the Oakbrook Meadows Altech 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 VillasNewcastle3BR,3BA$1.23
Lakeside HillsThe Tahoe2BR,2BA$1.33
The Village on the PreserveDogwood2BR,2BA$1.39
Antler View Apartments2 Bedroom2BR,2BA$1.27
The HarborLeeward2BR,2BA$1.42
Elk HillsElk2BR,2BA$1.22
West Hampton Park Apartment HomesTwo Bedroom2BR,2BA$1.31
Whispering RidgeB2R2BR,1BA$1.42
Trade Winds Apartment HomesOne Bedroom End1BR,1BA$1.45
Briar HillsOne Bedroom1BR,1BA$1.48

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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.

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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 $999.

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

The lowest price for a Cheap One Bedroom Waterloo Apartment is $1,005 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 $1,219 at Fifty575 Coventry.

What is the most affordable Waterloo Three Bedroom Apartment?

The best deal on a cheap Waterloo Three Bedroom Apartment rental is at Fifty575 Coventry and starts from $1,755.

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

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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.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.