
Cheap Apartments for Rent in Waterloo, NY from $800 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterloo.


27 E Main St

9-27 E Main St

Evergreen Hills

Camelot Square Apartments

Genesee Gardens Apartments

Terrace Apartments

Braeside Apartments
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.

Spring Meadows

Brookside Apartments

Woodland Manor

Farmington Manor

Great-Brook Apartments

Swiss Chalet Apartments

Reserve Pointe Apartments

Sheridan Park and Holiday Manor
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.

Northside Apartments

Parkside Apartments

Fairdale Townhomes

Candlewood Apartment Homes

Pinnacle North Apartments

The Retreat Luxury Apartments

Hathaway Meadows

Camillus Mills
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.

The Hammocks at Canandaigua

Collett Woods Townhouses

Saratoga Crossing Apartments & Townhomes

Parkside Townhomes

The Links at CenterPointe Townhomes

111 Herkimer St

Geneva Gardens

132 Prospect St
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.

Walworth Garden Apartments

Parkview Apartments

Parkway Apartments

40 E Genesee St

Sunlight Lane

Connect55+ Auburn Senior Community 55+

CenterPointe Apartments & Townhomes

241 W Jackson St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

14 Elm St

1084 Yale Farm Rd

The Auburn

Villas of Victor and Regency Townhomes
Waterloo, NY Local Guide

How much does it cost to rent an apartment in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Studio Apartments | $1,078 | $900 | $1,229 |
| Waterloo 1 Bedroom Apartments | $1,674 | $910 | $2,775 |
| Waterloo 2 Bedroom Apartments | $1,866 | $950 | $4,600 |
| Waterloo 3 Bedroom Apartments | $1,960 | $1,080 | $2,800 |
| Waterloo 4 Bedroom Apartments | $2,095 | $1,995 | $2,195 |
Browse Top Apartments in Waterloo
See all Apartments in WaterlooExplore Waterloo
Waterloo, NY Local Guide
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Cheapest Available Waterloo Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterloo, NY is a 1 Bed unit found at Evergreen Hills priced from $884. Camelot Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Waterloo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Evergreen Hills | Affordable 1 Bedroom | 1BR,1BA | $884 |
| Camelot Square Apartments | Studio 6/15 (Heat, Internet & TV App Incl.) | Studio,1BA | $900 |
| Braeside Apartments | Studio | Studio,1BA | $1,029 |
| Reserve Pointe Apartments | Studio, 1 Bath 432 sq. ft. | Studio,1BA | $1,175 |
| Sheridan Park and Holiday Manor | S1bdrm | 1BR,1BA | $1,200 |
| Northside Apartments | 2bedroom 1bath | 2BR,1BA | $1,200 |
| The Retreat Luxury Apartments | Wilson | 1BR,1BA | $1,650 |
| Hathaway Meadows | 1 Bed 1 Bath Lower | 1BR,1BA | $1,680 |
| Saratoga Crossing Apartments & Townhomes | One Bedroom- 1038 sqft | 1BR,1BA | $1,880 |
| Villas of Victor and Regency Townhomes | Two Bedroom 2 Bath (Villas of Victor) | 2BR,2BA | $1,995 |
Best Value Apartments for Rent in Waterloo, NY and Nearby
As of June 23, 2026 the best value apartment in the Waterloo area is the $1.66 price per square foot Creekwood Townhomes 3BR 2.5 BA Model at Creekwood Townhomes in the in the Victor Farmington neighborhood starting from $2,800. The second greatest value Waterloo apartment is the 3 Bedroom Townhome- WAITLIST AD Model at Parkside Townhomes starting at $2,064 with a $1.35 price per square foot in the Victor Farmington 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. |
|---|---|---|---|
| Creekwood Townhomes | Creekwood Townhomes 3BR 2.5 BA | 3BR,2.5BA | $1.66 |
| Parkside Townhomes | 3 Bedroom Townhome- WAITLIST AD | 3BR,2.5BA | $1.35 |
| The Links at CenterPointe Townhomes | Two Bedroom 2.5 Bath Townhome - 1,356 sqft | 2BR,2.5BA | $1.54 |
| Villas of Victor and Regency Townhomes | Two Bedroom 2 Bath (Villas of Victor) | 2BR,2BA | $1.68 |
| Saratoga Crossing Apartments & Townhomes | One Bedroom- 1038 sqft | 1BR,1BA | $1.81 |
| Northside Apartments | 2bedroom 1bath | 2BR,1BA | $1.41 |
| The Retreat Luxury Apartments | Wilson | 1BR,1BA | $2.01 |
| Evergreen Hills | Affordable 1 Bedroom | 1BR,1BA | $1.28 |
| Sheridan Park and Holiday Manor | S1bdrm | 1BR,1BA | $1.81 |
| Camelot Square Apartments | Studio 6/15 (Heat, Internet & TV App Incl.) | Studio ,1BA | $1.97 |
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 ArticleReal 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.
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.
Best Local Schools in Waterloo, NY
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterloo, NY Rentals by Map
See the most popular apartments and homes in Waterloo, NY
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 Camelot Square Apartments listed at $900.
How much is rent for a Cheap One Bedroom Waterloo Apartment?
The lowest price for a Cheap One Bedroom Waterloo Apartment is $884 at Evergreen Hills.
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 $1,200 at Northside Apartments.
What is the most affordable Waterloo Three Bedroom Apartment?
The best deal on a cheap Waterloo Three Bedroom Apartment rental is at Reserve Pointe Apartments and starts from $1,975.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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.