Cheap Apartments for Rent in Waterloo, OR from $600 (6 Rentals)

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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 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 ListingModel NameBed/BathPriced From
BEAUTIFULLY RENOVATED STUDIOS 1BR/1.0BA1BR,1BA$695
Queen AnneOne Bedroom - 60%1BR,1BA$1,052
Wolf Ridge3 Bedroom3BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Wolf Ridge3 Bedroom3BR,1.5BA$0.85
311-325 E Dodge St2 Bed / 1.5 Bath2BR,1.5BA$1.50
Conifer PlaceTwo Bed Two Bath B2BR,2BA$1.74
Eagle Pointe2 Bed 2 Bath A2BR,2BA$1.85
Aspen Place Apartments2 Bedroom2BR,2BA$1.52
Parkside Apartments1 x 11BR,1BA$1.53
Hickory Lake1x1 ADA Special1BR,1BA$1.79
Villa Chateau Apartments2/1.5 A2BR,1.5BA$1.73
Queen AnneOne Bedroom - 60%1BR,1BA$1.44
Crystal Lake Apartments1 BR 1 Bath1BR,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.

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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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.