
Cheap Apartments for Rent in Waterloo, WI from $600 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterloo.


Knowlton Woods Apartments

Monroe Street Apartments

Meadowbrook Apartments

Eleven41 Main

KESTREL RIDGE
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.

Freedom Ring Apartments

The Baehron

Cannery Square Apartments

The Wildwood at Main

Vineyard Apartments of Cambridge

CANTERBURY COURT APARTMENTS
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.

Sky Ridge Senior Apartments and Townhomes

Tamarack Trails

Bird Apartments

Tamarack Apartment Homes

437 W Mill St

4338 Melody Ln
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.

Browns Court Apartments
Waterloo, WI Local Guide

How much does it cost to rent an apartment in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Studio Apartments | $1,261 | $995 | $1,684 |
| Waterloo 1 Bedroom Apartments | $1,377 | $641 | $1,895 |
| Waterloo 2 Bedroom Apartments | $1,751 | $1,025 | $2,855 |
| Waterloo 3 Bedroom Apartments | $1,641 | $1,250 | $3,365 |
Browse Top Apartments in Waterloo
See all Apartments in WaterlooExplore Waterloo
Waterloo, WI Local Guide
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Cheapest Available Waterloo Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterloo, WI is a 1 Bed unit found at Hawthorne Senior Apartments priced from $995. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hawthorne Senior Apartments | 1 Bedroom With Balcony Upper | 1BR,1BA | $995 |
| The Baehron | Studio Unfurnished | Studio,1BA | $995 |
| Knowlton Woods Apartments | Two Bedroom | 2BR,1BA | $1,025 |
| Freedom Ring Apartments | 736 - 1 Bed/1 Bath | 1BR,1BA | $1,075 |
| Cannery Square Apartments | 351 Cannery STUDIO 658sq ft | Studio,1BA | $1,095 |
Best Value Apartments for Rent in Waterloo, WI and Nearby
As of January 25, 2026 the best value apartment in the Waterloo area is the $1.28 price per square foot 3BR/2BA Model at Pondview Apartments in the in the Brookstone Meadows neighborhood starting from $1,600. The second greatest value Waterloo apartment is the 2 bed 2 bath 2 car Model at Rock Creek Apartments starting at $1,719 with a $1.38 price per square foot in the Brookstone 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. |
|---|---|---|---|
| Pondview Apartments | 3BR/2BA | 3BR,2BA | $1.28 |
| Rock Creek Apartments | 2 bed 2 bath 2 car | 2BR,2BA | $1.38 |
| Monroe Street Apartments | 3x2 Small | 3BR,2BA | $1.20 |
| Tamarack Gardens-Distinctive 55+ Community | 2 Beds 1.5 Bath | 2BR,1.5BA | $1.35 |
| Tamarack Apartment Homes | 2 Bedroom | 2BR,1BA | $1.16 |
| Artisan Square | A | 2BR,2BA | $1.51 |
| School Street Apartments | 3 Bedroom 1.25 Bathroom | 3BR,1.25BA | $1.20 |
| Crosstown of Sun Prairie | 2x1 | 2BR,1BA | $1.51 |
| Knowlton Woods Apartments | Two Bedroom | 2BR,1BA | $1.28 |
| Freedom Ring Apartments | 736 - 1 Bed/1 Bath | 1BR,1BA | $1.54 |
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 ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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!
Explore Waterloo, WI Rentals by Map
See the most popular apartments and homes in Waterloo, WI
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 $995 at Hawthorne Senior 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 $1,025 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 School Street Apartments and starts from $1,250.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.