Cheap Apartments for Rent in Waterloo, NE from $900 (29 Rentals)

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

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
Showing Results 1-29, 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 1 Bed unit found at The Village on the Preserve in the Rose Gardens Estate neighborhood priced from $1,070. EVO Townhomes & Apartments in the Northeast Outer Elkhorn neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here is today’s list of the most affordable Waterloo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Village on the PreserveOak1BR,1BA$1,070
EVO Townhomes & ApartmentsBungalowStudio,1BA$1,075
1010 on the LakeA1 Studio Floor Plan1BR,1BA$1,095
The Trails at North StreamsStanding BearStudio,1BA$1,099
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1,112
Cambury Hills ApartmentsCottage1BR,1BA$1,150
The AbacusS2Studio,1BA$1,160
Briar HillsOne Bedroom1BR,1BA$1,173
Grand LegacyAura (Flat)1BR,1BA$1,205
Fifty575 CoventryA11BR,1BA$1,219

Best Value Apartments for Rent in Waterloo, NE and Nearby

As of July 21, 2025 the best value apartment in the Waterloo area is the $1.19 price per square foot Three Bedroom Two-Story Model at Lynbrook Apartments and Townhomes in the in the Northeast Outer Elkhorn neighborhood starting from $2,494. The second greatest value Waterloo apartment is the Amalfi Model at Capriana starting at $2,369 with a $1.51 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.
Lynbrook Apartments and TownhomesThree Bedroom Two-Story3BR,2.5BA$1.19
CaprianaAmalfi3BR,2BA$1.51
Cambridge VillasThe Pine2BR,2BA$1.46
Villas At The Pines2 Bedroom2BR,2BA$1.14
Whispering RidgeB4R2BR,2BA$1.44
Dalmore ApartmentsToronto2BR,2BA$1.45
Lakeside HillsThe Geneva1BR,1BA$1.34
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1.24
Briar HillsOne Bedroom1BR,1BA$1.43
Cambury Hills ApartmentsCottage1BR,1BA$1.48

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Pet Friendly Lifestyle
Waterloo, NE

Ranked #70

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Waterloo, NE Rentals by Map

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See the most popular apartments and homes in Waterloo, NE

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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 EVO Townhomes & Apartments listed at $1,075.

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

The lowest price for a Cheap One Bedroom Waterloo Apartment is $1,070 at The Village on the Preserve.

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 The Trails at North Streams and starts from $1,925.

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.

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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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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.

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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.

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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.