
Cheap Homes for Rent in Waterloo, NE from $1,700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Waterloo.


17814 Olive St

19014 N St

15220 Valley St

19114 K St

15399 Wycliffe Dr
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.

8228 N 147th St

20855 R Ct

17706 Edna St

1798 N 177th Plaza

16217 Weir St

1758 N 177th Plaza
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.

14512 Fowler Ave
Waterloo, NE Local Guide

How much does it cost to rent a home in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo 2 Bedroom Homes for Rent | $1,921 | $1,775 | $1,995 |
| Waterloo 3 Bedroom Homes for Rent | $2,187 | $1,890 | $3,100 |
| Waterloo 4 Bedroom Homes for Rent | $2,715 | $2,200 | $3,800 |
| Waterloo 5 Bedroom Homes for Rent | $5,766 | $3,800 | $8,000 |
Browse Top Homes for Rent in Waterloo
Explore Waterloo
Waterloo, NE Local Guide
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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 $1,025. 1010 on the Lake in the Northeast Outer Elkhorn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Waterloo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Trails at North Streams | Standing Bear | Studio,1BA | $1,025 |
| 1010 on the Lake | A1 Studio Floor Plan | 1BR,1BA | $1,095 |
| Antler View Apartments | 1 Bedroom | 1BR,1BA | $1,100 |
| Broadmoor Hills | Thomasville | Studio,1BA | $1,115 |
| Trade Winds Apartment Homes | One Bedroom | 1BR,1BA | $1,133 |
Best Value Apartments for Rent in Waterloo, NE and Nearby
As of December 17, 2025 the best value apartment in the Waterloo area is the $1.33 price per square foot The Tahoe Model at Lakeside Hills in the in the Oakbrook Meadows Altech neighborhood starting from $1,850. The second greatest value Waterloo apartment is the Elk underground parking Model at Elk Hills starting at $1,685 with a $1.22 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakeside Hills | The Tahoe | 2BR,2BA | $1.33 |
| Elk Hills | Elk underground parking | 2BR,2BA | $1.22 |
| Juniper Rows Olde Towne | Sycamore | 2BR,2.5BA | $1.54 |
| Cambridge Villas | The Pine | 2BR,2BA | $1.46 |
| Villas At The Pines | 2 Bedroom | 2BR,2BA | $1.14 |
| Antler View Apartments | 1 Bedroom | 1BR,1BA | $1.24 |
| Trade Winds Apartment Homes | One Bedroom End | 1BR,1BA | $1.36 |
| The Village on the Preserve | Birch | 1BR,1BA | $1.44 |
| Whispering Ridge | A2R | 1BR,1BA | $1.47 |
| Cambury Hills Apartments | Cottage | 1BR,1BA | $1.48 |
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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleWaterloo, NE
Ranked #81
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Waterloo, NE
Frequently Asked Questions about Waterloo
What type of rentals are currently available in Waterloo?
There are currently 41 Apartments for Rent in Waterloo, NE with pricing that ranges from $1,025 to $3,800. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo ranging from $1,775 to $8,000.
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 $1,775 to $8,000 with an average monthly rent of $3,147.
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 $1,639 to $3,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,890 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,599.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!