
Cheap Apartments for Rent in Waterloo, NY from $800 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterloo.


27 E Main St

Evergreen Hills

Camelot Square Apartments

Genesee Gardens Apartments

Terrace Apartments

Spring Meadows

Braeside Apartments

Brookside Apartments
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.

Woodland Manor

Farmington Manor

Great-Brook Apartments

Reserve Pointe Apartments

Walworth Garden Apartments

Swiss Chalet Apartments

Northside Apartments

Sheridan Park and Holiday Manor

Stone Hedge Village Townhouses
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Candlewood Apartment Homes

Fairdale Townhomes

Pinnacle North Apartments

1084 Yale Farm Rd

111 Herkimer St

Geneva Gardens

1004 N Main St

5676 NY-14

Parkside Apartments
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.

Parkview Apartments

Parkway Apartments

40 E Genesee St

Sunlight Lane

Emerald Reserve Auburn

CenterPointe Apartments & Townhomes

75 Colt St

4650 E Lakeview Dr

4800 Co Rd 11
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.
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 | $1,105 | $900 | $1,249 |
| Waterloo 1 Bedroom Apartments | $1,655 | $884 | $2,775 |
| Waterloo 2 Bedroom Apartments | $1,871 | $950 | $4,600 |
| Waterloo 3 Bedroom Apartments | $1,988 | $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 Studio unit found at Camelot Square Apartments priced from $900. Evergreen Hills in the Wayne County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,049. Here is today’s list of the most affordable Waterloo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Camelot Square Apartments | Studio 6/15 (Heat, Internet & TV App Incl.) | Studio,1BA | $900 |
| Evergreen Hills | Affordable 2 Bedroom | 2BR,1BA | $1,049 |
| Reserve Pointe Apartments | Studio, 1 Bath 432 sq. ft. | Studio,1BA | $1,150 |
| Northside Apartments | 2bedroom 1bath | 2BR,1BA | $1,200 |
| Spring Meadows | 2bd Ranch | 2BR,1BA | $1,225 |
| Sheridan Park and Holiday Manor | H2bdrm | 2BR,1BA | $1,250 |
| The Hammocks at Canandaigua | 1 Bedroom 1 Bath - 898 | 1BR,1BA | $1,725 |
| Saratoga Crossing Apartments & Townhomes | Two Bedroom 2 Bath- 1273 sqft | 2BR,2BA | $1,880 |
| Fairdale Townhomes | Three Bedroom Remodeled | 3BR,2BA | $1,925 |
| Hathaway Meadows | 2 Bed 2 Bath Split Bdrm Upper | 2BR,2BA | $1,940 |
Best Value Apartments for Rent in Waterloo, NY and Nearby
As of August 08, 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 $2,171 with a $1.42 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 | $1.42 |
| Saratoga Crossing Apartments & Townhomes | Two Bedroom 2 Bath- 1273 sqft | 2BR,2BA | $1.48 |
| Fairdale Townhomes | Three Bedroom Remodeled | 3BR,2.5BA | $1.55 |
| Spring Meadows | 2bd Ranch | 2BR,1BA | $1.00 |
| Villas of Victor and Regency Townhomes | Two Bedroom 2 Bath (Villas of Victor) | 2BR,2BA | $1.68 |
| Hathaway Meadows | 2 Bed 2 Bath Split Bdrm Upper | 2BR,2BA | $1.77 |
| Evergreen Hills | Affordable 2 Bedroom | 2BR,1BA | $1.15 |
| Northside Apartments | 2bedroom 1bath | 2BR,1BA | $1.41 |
| Sheridan Park and Holiday Manor | H2bdrm | 2BR,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 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 $1,084 at Camelot Square Apartments.
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 $1,049 at Evergreen Hills.
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 $1,800.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.