
Cheap Apartments for Rent in Waterloo, OR from $600 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterloo.


Rivergreen Landing

McKinney Lane Apartments
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Aspen Place Apartments

1319 9th Ave

55 E St
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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 | $1,439 | $1,199 | $1,525 |
Waterloo 1 Bedroom Apartments | $1,311 | $695 | $1,890 |
Waterloo 2 Bedroom Apartments | $1,795 | $1,260 | $2,400 |
Waterloo 3 Bedroom Apartments | $2,116 | $1,599 | $2,995 |
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. McKinney Lane Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,199. 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 |
McKinney Lane Apartments | Chestnut | Studio,1BA | $1,199 |
Queen Anne | Two Bedroom - 60% | 2BR,2BA | $1,260 |
Best Value Apartments for Rent in Waterloo, OR and Nearby
As of August 14, 2025 the best value apartment in the Waterloo area is the $1.93 price per square foot TWO BED TWO BATH A Model at Conifer Place in the starting from $1,874. The second greatest value Waterloo apartment is the Two Bedroom - 60% Model at Queen Anne starting at $1,260 with a $1.32 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. |
---|---|---|---|
Conifer Place | TWO BED TWO BATH A | 2BR,2BA | $1.93 |
Queen Anne | Two Bedroom - 60% | 2BR,2BA | $1.32 |
Aspen Place Apartments | 2 Bedroom | 2BR,2BA | $1.52 |
Parkview Manor Apartments | 2BR/1.0BA | 2BR,1BA | $1.39 |
Cascade Ridge | 2x2 Standard | 2BR,2BA | $1.73 |
Parkside Apartments | 1 x 1 | 1BR,1BA | $1.53 |
Park Plaza | One Bedroom-One Bath | 1BR,1BA | $1.84 |
Hickory Lake | 1x1 Special | 1BR,1BA | $1.79 |
Crystal Lake Apartments | 1 BR 1 Bath | 1BR,1BA | $1.85 |
The Haven | Bunk Space | 1BR,1BA | $1.69 |
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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 $1,199.
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 Hickory Lake and starts from $1,895.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.