Cheap Apartments for Rent in Waterloo, OR from $600 (5 Rentals)

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Wolf Ridge
2 to 3 Bedroom Apartments

Wolf Ridge

1301-1371 E Santiam StStayton, OR 97383
  • Utilities Included

Waterloo, OR Local Guide

Cheapest Available Waterloo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterloo, OR is a 1 Bed unit found at HOLIDAY RENT SPECIALS: BEAUTIFULLY RENOVATED STUDIO APARTMENTS 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 ListingModel NameBed/BathPriced From
HOLIDAY RENT SPECIALS: BEAUTIFULLY RENOVATED STUDIO APARTMENTS1BR/1.0BA1BR,1BA$695
Queen AnneOne Bedroom - 60%1BR,1BA$1,052
McKinney Lane ApartmentsChestnutStudio,1BA$1,113

Best Value Apartments for Rent in Waterloo, OR and Nearby

As of December 29, 2025 the best value apartment in the Waterloo area is the $1.50 price per square foot 2 Bed / 1.5 Bath Model at 311-325 E Dodge St in the starting from $1,650. The second greatest value Waterloo apartment is the 2x1 Downstairs Model at Knox Butte Apartments starting at $1,425 with a $1.45 price per square foot in the Clover Ridge Station neighborhood. Here is today’s list of the best values for Waterloo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
311-325 E Dodge St2 Bed / 1.5 Bath2BR,1.5BA$1.50
Knox Butte Apartments2x1 Downstairs2BR,1BA$1.45
Conifer PlaceTwo Bed Two Bath A2BR,2BA$1.85
Crystal Lake Apartments2BR 2 Bath2BR,2BA$1.70
Aspen Place Apartments2 Bedroom2BR,2BA$1.52
Parkside Apartments1 x 11BR,1BA$1.53
Hickory Lake1x1 Special1BR,1BA$1.79
McKinney Lane ApartmentsMaple1BR,1BA$2.02
Queen AnneOne Bedroom - 60%1BR,1BA$1.44
Plumtree Apartments1x1 - Phase II1BR,1BA$2.05

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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,113.

How much is rent for a Cheap One Bedroom Waterloo Apartment?

The lowest price for a Cheap One Bedroom Waterloo Apartment is $695 at HOLIDAY RENT SPECIALS: BEAUTIFULLY RENOVATED STUDIO 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 $1,260 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 Parkside Apartments and starts from $1,695.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!