Cheap Apartments for Rent in Waterloo, NE from $1,000 (52 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
$1,373 - $3,133
Total Monthly Price

Total Monthly Price

Base Rent
$1,373 - $3,133
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Capriana

3333 N 212th StOmaha, NE 68022
Corporate Housing
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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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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

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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Sandstone Villas
2 to 3 Bedroom Apartments

Sandstone Villas

16201 Ida StOmaha, 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 1-50, Page 1 of 2

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 $1,045. West Hampton Park Apartment Homes in the Northeast Outer Elkhorn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,056. 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$1,045
West Hampton Park Apartment HomesOne Bedroom1BR,1BA$1,056
Fifty575 CoventryA11BR,1BA$1,088
Lynbrook Apartments and TownhomesOne Bedroom1BR,1BA$1,131
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1,140
Westline at Flanagan LakeStudio - 713-716 SF1BR,1BA$1,155
The AbacusS2Studio,1BA$1,160
Briar HillsOne Bedroom1BR,1BA$1,180
1010 on the LakeA695 One Bed Floor Plan1BR,1BA$1,195
Dalmore ApartmentsJulep1BR,1BA$1,195

Best Value Apartments for Rent in Waterloo, NE and Nearby

As of June 05, 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 Pacific Meadows neighborhood starting from $2,200. The second greatest value Waterloo apartment is the Vinicola Model at Ravello 192 & Ravello ll starting at $2,036 with a $1.38 price per square foot in the Pacific Meadows 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
Ravello 192 & Ravello llVinicola3BR,2BA$1.38
Juniper Row TownhomesJuniper3BR,2.5BA$1.41
Sandstone VillasMonroe3BR,2.5BA$1.42
The HarborLeeward2BR,2BA$1.42
Cambury Hills ApartmentsChateau2BR,2BA$1.27
Whispering RidgeB2R2BR,1BA$1.44
Trade Winds Apartment HomesOne Bedroom End1BR,1BA$1.39
Briar HillsOne Bedroom1BR,1BA$1.44
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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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.

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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 $1,045.

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

The lowest price for a Cheap One Bedroom Waterloo Apartment is $1,056 at West Hampton Park Apartment Homes.

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 $1,395 at 1010 on the Lake.

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 Exploring Omaha’s Best Affordable Neighborhoods: Finding Your Perfect Fit in the Heart of the Midwest article

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.