Cheap Homes for Rent in Waterloo, NE from $1,100 (12 Rentals)

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Omaha's Best Affordable Neighborhoods

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

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.

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 $1,055. Fifty575 Coventry in the Elkhorn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,107. 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$1,055
Fifty575 CoventryA21BR,1BA$1,107
Lynbrook Apartments and TownhomesOne Bedroom1BR,1BA$1,137
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1,140
EVO Townhomes & ApartmentsBungalowStudio,1BA$1,145

Best Value Apartments for Rent in Waterloo, NE and Nearby

As of July 27, 2026 the best value apartment in the Waterloo area is the $1.42 price per square foot Castlebrook Model at Cambridge Villas in the in the Northeast Outer Elkhorn neighborhood starting from $2,292. The second greatest value Waterloo apartment is the Two Bedroom Model at Briar Hills starting at $1,427 with a $1.14 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 VillasCastlebrook3BR,2BA$1.42
Briar HillsTwo Bedroom2BR,2BA$1.14
Villas At The Pines2 Bedroom2BR,2BA$1.14
West Hampton Park Apartment HomesTwo Bedroom2BR,2BA$1.29
Lynbrook Apartments and TownhomesTwo Bedroom2BR,2BA$1.36
Cambury Hills ApartmentsChateau2BR,2BA$1.27
The Village on the PreserveGinkgo1BR,1BA$1.47
Elk HillsBuck1BR,1BA$1.38
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1.43
Fifty575 CoventryA21BR,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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Frequently Asked Questions about Waterloo

What type of rentals are currently available in Waterloo?

There are currently 44 Apartments for Rent in Waterloo, NE with pricing that ranges from $1,030 to $3,564. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo ranging from $1,132 to $5,000.

What is the current price range for Rental Homes in Waterloo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterloo ranges from $1,132 to $5,000 with an average monthly rent of $2,537.

How much are larger Three and Four Bedroom Rentals in Waterloo?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterloo range from $1,925 to $3,562, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,650. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,399.

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.

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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.