Cheap Apartments for Rent in Waterloo, WI from $800 (17 Rentals)

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

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Showing Results 1-17, Page 1 of 1

Waterloo, WI Local Guide

Cheapest Available Waterloo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterloo, WI is a 2 Beds unit found at Knowlton Woods Apartments priced from $975. The Baehron in the Liberty Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here is today’s list of the most affordable Waterloo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Knowlton Woods ApartmentsTwo Bedroom2BR,1BA$975
The BaehronStudio UnfurnishedStudio,1BA$995
Freedom Ring Apartments1 bed/1 bath1BR,1BA$1,100
Sky Ridge55+ 1 Bedroom/1 Bathroom1BR,1BA$1,128
Monarch on MainFireflyStudio,1BA$1,200

Best Value Apartments for Rent in Waterloo, WI and Nearby

As of June 11, 2025 the best value apartment in the Waterloo area is the $1.00 price per square foot 2 Beds 1.5 Bath Model at Tamarack Gardens-Distinctive 55+ Community in the in the Brookstone Meadows neighborhood starting from $1,550. The second greatest value Waterloo apartment is the Elk 70% Model at The Wildwood at Main starting at $1,999 with a $1.58 price per square foot in the North Side neighborhood. 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.
Tamarack Gardens-Distinctive 55+ Community2 Beds 1.5 Bath2BR,1.5BA$1.00
The Wildwood at MainElk 70%3BR,2BA$1.58
Pondview Apartments3BEDRM UPPER3BR,2BA$1.42
Artisan SquareF2BR,2BA$1.53
Summer RidgeD1A2BR,2BA$1.68
Prairie GroveG1BR,1BA$1.43
Crosstown of Sun Prairie2x12BR,1BA$1.34
Catalyst on MainB11BR,1BA$1.69
Whistling Ridge Senior ApartmentsOne Bedroom1BR,1BA$1.70
Freedom Ring Apartments1 bed/1 bath1BR,1BA$1.57

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Best Local Schools in
Waterloo, WI

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Explore Waterloo, WI Rentals by Map

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See the most popular apartments and homes in Waterloo, WI

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Getting Around Waterloo, WI

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 The Baehron listed at $995.

How much is rent for a Cheap One Bedroom Waterloo Apartment?

The lowest price for a Cheap One Bedroom Waterloo Apartment is $1,100 at Freedom Ring Apartments.

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 $975 at Knowlton Woods Apartments.

What is the most affordable Waterloo Three Bedroom Apartment?

The best deal on a cheap Waterloo Three Bedroom Apartment rental is at Pondview Apartments and starts from $1,700.

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 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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.