
Cheap Apartments for Rent in Waterloo, OR from $600 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterloo.


McKinney Lane Apartments

Rivergreen Landing

1242 Main St
Waterloo, OR Local Guide

How much does it cost to rent an apartment in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Studio Apartments | $1,420 | $1,163 | $1,590 |
| Waterloo 1 Bedroom Apartments | $1,395 | $695 | $1,890 |
| Waterloo 2 Bedroom Apartments | $1,787 | $1,260 | $2,400 |
| Waterloo 3 Bedroom Apartments | $2,061 | $1,064 | $2,910 |
| Waterloo 4 Bedroom Apartments | $1,900 | $1,900 | $1,900 |
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Waterloo, OR Local Guide
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Cheapest Available Waterloo Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterloo, OR is a 1 Bed unit found at BEAUTIFULLY RENOVATED STUDIOS priced from $695. Queen Anne has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,052. Here is today’s list of the most affordable Waterloo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| BEAUTIFULLY RENOVATED STUDIOS | 1BR/1.0BA | 1BR,1BA | $695 |
| Queen Anne | One Bedroom - 60% | 1BR,1BA | $1,052 |
| Wolf Ridge | 3 Bedroom | 3BR,1BA | $1,064 |
Best Value Apartments for Rent in Waterloo, OR and Nearby
As of November 13, 2025 the best value apartment in the Waterloo area is the $0.85 price per square foot 3 Bedroom Model at Wolf Ridge in the starting from $1,064. The second greatest value Waterloo apartment is the 2 Bed / 1.5 Bath Model at 311-325 E Dodge St starting at $1,650 with a $1.50 price per square foot . 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. |
|---|---|---|---|
| Wolf Ridge | 3 Bedroom | 3BR,1.5BA | $0.85 |
| 311-325 E Dodge St | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.50 |
| Conifer Place | Two Bed Two Bath B | 2BR,2BA | $1.74 |
| Eagle Pointe | 2 Bed 2 Bath A | 2BR,2BA | $1.85 |
| Aspen Place Apartments | 2 Bedroom | 2BR,2BA | $1.52 |
| Parkside Apartments | 1 x 1 | 1BR,1BA | $1.53 |
| Hickory Lake | 1x1 ADA Special | 1BR,1BA | $1.79 |
| Villa Chateau Apartments | 2/1.5 A | 2BR,1.5BA | $1.73 |
| Queen Anne | One Bedroom - 60% | 1BR,1BA | $1.44 |
| Crystal Lake Apartments | 1 BR 1 Bath | 1BR,1BA | $1.85 |
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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 McKinney Lane Apartments listed at $1,163.
How much is rent for a Cheap One Bedroom Waterloo Apartment?
The lowest price for a Cheap One Bedroom Waterloo Apartment is $695 at BEAUTIFULLY RENOVATED STUDIOS .
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 $1,260 at Queen Anne.
What is the most affordable Waterloo Three Bedroom Apartment?
The best deal on a cheap Waterloo Three Bedroom Apartment rental is at Wolf Ridge and starts from $1,064.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

