14465 Sprague Ct
OmahaNE68116
Cheap Homes for Rent in Waterloo, NE from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Waterloo.
11718 Arbor St
OmahaNE68144
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.
2502 S 60th St
OmahaNE68106
5633 Parker St
OmahaNE68104
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.
2630 N 70th St
OmahaNE68104
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Waterloo, NE Local Guide
Downtown Waterloo by Ammodramus is licensed under Internal
How much does it cost to rent a home in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo 2 Bedroom Homes for Rent | $1,775 | $1,200 | $2,350 |
| Waterloo 3 Bedroom Homes for Rent | $2,247 | $1,450 | $3,250 |
| Waterloo 4 Bedroom Homes for Rent | $2,576 | $2,050 | $3,495 |
| Waterloo 5 Bedroom Homes for Rent | $3,841 | $2,825 | $5,500 |
Browse Top Homes for Rent in Waterloo
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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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Trails at North Streams | Standing Bear | Studio,1BA | $999 |
| Fifty575 Coventry | A1 | 1BR,1BA | $1,005 |
| EVO Townhomes & Apartments | Bungalow | Studio,1BA | $1,075 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cambridge Villas | Newcastle | 3BR,3BA | $1.23 |
| Lakeside Hills | The Tahoe | 2BR,2BA | $1.33 |
| The Village on the Preserve | Dogwood | 2BR,2BA | $1.39 |
| Antler View Apartments | 2 Bedroom | 2BR,2BA | $1.27 |
| The Harbor | Leeward | 2BR,2BA | $1.42 |
| Elk Hills | Elk | 2BR,2BA | $1.22 |
| West Hampton Park Apartment Homes | Two Bedroom | 2BR,2BA | $1.31 |
| Whispering Ridge | B2R | 2BR,1BA | $1.42 |
| Trade Winds Apartment Homes | One Bedroom End | 1BR,1BA | $1.45 |
| Briar Hills | One Bedroom | 1BR,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.
Read Article
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 ArticleCash 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.
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.
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Explore Waterloo, NE Rentals by Map
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 44 Apartments for Rent in Waterloo, NE with pricing that ranges from $979 to $3,800. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo ranging from $1,132 to $5,500.
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 $5,500 with an average monthly rent of $2,642.
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 $1,755 to $3,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,050 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.
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.
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.
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.