Cheap Homes for Rent in Waterloo, OR from $1,000 (4 Rentals)

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Search the lowest-cost Homes available for rent right now in Waterloo.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Waterloo, OR Local Guide

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Conifer PlaceTWO BED TWO BATH A2BR,2BA$1.93
Queen AnneTwo Bedroom - 60%2BR,2BA$1.32
Aspen Place Apartments2 Bedroom2BR,2BA$1.52
Parkview Manor Apartments2BR/1.0BA2BR,1BA$1.39
Cascade Ridge2x2 Standard2BR,2BA$1.73
Parkside Apartments1 x 11BR,1BA$1.53
Park PlazaOne Bedroom-One Bath1BR,1BA$1.84
Hickory Lake1x1 Special1BR,1BA$1.79
Crystal Lake Apartments1 BR 1 Bath1BR,1BA$1.85
The HavenBunk Space1BR,1BA$1.69

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Frequently Asked Questions about Waterloo

What type of rentals are currently available in Waterloo?

There are currently 31 Apartments for Rent in Waterloo, OR with pricing that ranges from $695 to $2,995. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo ranging from $1,050 to $3,000.

What is the current price range for Rental Homes in Waterloo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterloo ranges from $1,050 to $3,000 with an average monthly rent of $1,926.

How much are larger Three and Four Bedroom Rentals in Waterloo?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterloo range from $1,599 to $2,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,875 to $2,625. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $1,900.

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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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.

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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.

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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.

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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.