1083 54th Ave
Sweet HomeOR97386
Cheap Homes for Rent in Waterloo, OR from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Waterloo.
368 Spaulding Ave
BrownsvilleOR97327
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.
2901 Waverly Dr SE
AlbanyOR97322
750 Manor Way
LebanonOR97355
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
2915 Waverly Dr SE
AlbanyOR97322
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Waterloo, OR Local Guide
Nature Scene in Oregon by icetsarina is licensed under CCO 1.0
How much does it cost to rent a home in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo 2 Bedroom Homes for Rent | $1,550 | $1,495 | $1,605 |
| Waterloo 3 Bedroom Homes for Rent | $2,112 | $1,750 | $2,535 |
| Waterloo 4 Bedroom Homes for Rent | $2,748 | $2,300 | $3,200 |
| Waterloo 5 Bedroom Homes for Rent | $4,195 | $4,195 | $4,195 |
Browse Top Homes for Rent in Waterloo
Explore Waterloo
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 $795. McKinney Lane Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,187. 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 | $795 |
| McKinney Lane Apartments | Chestnut | Studio,1BA | $1,187 |
| Queen Anne | Two Bedroom - 60% | 2BR,2BA | $1,260 |
Best Value Apartments for Rent in Waterloo, OR and Nearby
As of September 29, 2025 the best value apartment in the Waterloo area is the $1.54 price per square foot Three Bedroom-Two Bath Model at Park Plaza in the starting from $2,550. The second greatest value Waterloo apartment is the River (Timberridge) Model at Timber Ridge Place Apartment Homes starting at $2,260 with a $1.88 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Plaza | Three Bedroom-Two Bath | 3BR,2BA | $1.54 |
| Timber Ridge Place Apartment Homes | River (Timberridge) | 3BR,2BA | $1.88 |
| 311-325 E Dodge St | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.50 |
| Parkside Apartments | 2 x 2 | 2BR,2BA | $1.44 |
| Queen Anne | Two Bedroom - 60% | 2BR,2BA | $1.32 |
| Hickory Lake | 1x1 ADA | 1BR,1BA | $1.79 |
| Aspen Place Apartments | 1 Bedroom | 1BR,1BA | $1.79 |
| Plumtree Apartments | 1x1 - Phase II | 1BR,1BA | $2.05 |
| Crystal Lake Apartments | 1 BR 1 Bath | 1BR,1BA | $1.85 |
| McKinney Lane Apartments | Chestnut | Studio ,1BA | $2.10 |
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See the most popular apartments and homes in Waterloo, OR
Frequently Asked Questions about Waterloo
What type of rentals are currently available in Waterloo?
There are currently 32 Apartments for Rent in Waterloo, OR with pricing that ranges from $795 to $2,910. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo ranging from $1,150 to $4,195.
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 $1,150 to $4,195 with an average monthly rent of $2,373.
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 $2,910, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,535. Four Bedroom Single-Family rentals are also available starting from $2,300 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.
Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide
Written by: Amber Kanuckel
Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.
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.