
Cheap Homes for Rent in Waterloo, SC from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Waterloo.


1407 Cooper St

103 N Bell St

98 Camp Cir

104 N Marion St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1522 Parkway Ct

717 Holloway Ave

124 Hazelwood Ct

122 Hazelwood Ct

233 E Cambridge Ave
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.
Waterloo, SC Local Guide

How much does it cost to rent a home in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo 2 Bedroom Homes for Rent | $1,310 | $900 | $2,200 |
| Waterloo 3 Bedroom Homes for Rent | $1,574 | $750 | $2,210 |
| Waterloo 4 Bedroom Homes for Rent | $2,160 | $1,850 | $2,495 |
| Waterloo 5 Bedroom Homes for Rent | $2,599 | $2,449 | $2,750 |
Browse Top Homes for Rent in Waterloo
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Waterloo, SC Local Guide
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Cheapest Available Waterloo Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterloo, SC is a 1 Bed unit found at 108 Enterprise Ct in the Emerald Place neighborhood priced from $600. Forest Glen has the second lowest priced unit, which is a 2 Beds apartment currently listed from $757. Here is today’s list of the most affordable Waterloo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 108 Enterprise Ct | A1 | 1BR,1BA | $600 |
| Forest Glen | 2 Bedrooms | 2BR,2BA | $757 |
| Village at Glenhaven | 2x1 | 2BR,1BA | $800 |
Best Value Apartments for Rent in Waterloo, SC and Nearby
As of June 04, 2026 the best value apartment in the Waterloo area is the $1.08 price per square foot Cade Model at Pine Ridge Place in the in the Bryson Meadows neighborhood starting from $2,200. The second greatest value Waterloo apartment is the Plan 1 Model at Tricon Simpsonville starting at $1,849 with a $1.10 price per square foot in the Bryson Meadows 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. |
|---|---|---|---|
| Pine Ridge Place | Cade | 4BR,2.5BA | $1.08 |
| Tricon Simpsonville | Plan 1 | 3BR,2.5BA | $1.10 |
| Harrison Landing | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.15 |
| Amber Chase | 3 bed renovated | 3BR,1.5BA | $0.97 |
| Mallard Court | Two bedroom townhouse | 2BR,1.5BA | $0.70 |
| Forest Glen | 3 Bedrooms | 3BR,2BA | $0.87 |
| Lakeview Apartments | 3 Bedroom | 3BR,1.5BA | $1.26 |
| Foxfield Apartments | Apaartment | 2BR,1BA | $1.22 |
| Highland Park Apartments | One Bedroom | 1BR,1BA | $1.18 |
| Village at Glenhaven | 2x1 | 2BR,1BA | $1.23 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Waterloo
What type of rentals are currently available in Waterloo?
There are currently 48 Apartments for Rent in Waterloo, SC with pricing that ranges from $600 to $2,070. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo ranging from $515 to $2,750.
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 $515 to $2,750 with an average monthly rent of $1,707.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.