Cheap Apartments for Rent in Waterloo, WI from $600 (47 Rentals)

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

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.

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The Wildwood at Main
$1,164 - $1,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,164 - $1,599
Total Monthly Price
$1,164 - $1,599
1 to 2 Bedroom Apartments Available Now

The Wildwood at Main

150 Schneider RdSun Prairie, WI 53590
Cost Per Sq.Ft.
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  • Utilities Included

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.

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Cash 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.

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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.

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Browns Court
1 to 2 Bedroom Apartments

Browns Court

400 Browns CtLake Mills, WI 53551
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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124-208 S Bird St
2 Bedroom Apartments

124-208 S Bird St

124-208 S Bird StSun Prairie, WI 53590
  • Utilities Included
Showing Results 1-47, 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 1 Bed unit found at Freedom Ring Apartments in the Liberty Square neighborhood priced from $875. The Baehron in the Liberty Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Waterloo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Freedom Ring Apartments724 - 1 Bed / 1 Bath1BR,1BA$875
The BaehronStudio UnfurnishedStudio,1BA$895
Hawthorne Apartments1 Bedroom No Balcony Lower1BR,1BA$895
Knowlton Woods ApartmentsTwo Bedroom2BR,1BA$1,075
Cannery Square Apartments188 - StudioStudio,1BA$1,145
KESTREL RIDGE2 Bed 1 Bath2BR,1BA$1,150
Canterbury Court Apartments1222 - 1 Bed / 1 Bath1BR,1BA$1,150
The Wildwood at MainBear 50%1BR,1BA$1,164
Prairie GroveGStudio,1BA$1,175
Anna Street ApartmentsLARGE SECOND FLOOR2BR,1BA$1,195

Best Value Apartments for Rent in Waterloo, WI and Nearby

As of June 10, 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. Model at Rock Creek Apartments starting at $1,549 with a $1.24 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pondview Apartments3BR/2BA3BR,2BA$1.28
Rock Creek Apartments2 Bed 2 Bath.2BR,2BA$1.24
Tamarack Gardens-Distinctive 55+ Community2 Beds 1.5 Bath2BR,1.5BA$1.35
Rolling PrairieThree Bedroom3BR,1BA$1.14
School Street Apartments3 bedroom x 2 bath3BR,2BA$1.18
KESTREL RIDGE2 Bed 1 Bath2BR,1BA$1.05
Anna Street ApartmentsLARGE SECOND FLOOR2BR,1BA$1.26
Tamarack Apartment Homes1 Bedroom1BR,1BA$1.33
Knowlton Woods ApartmentsTwo Bedroom2BR,1BA$1.34
Freedom Ring Apartments617 - 1 Bed / 1 Bath1BR,1BA$1.42

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.

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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waterloo, WI Rentals by Map

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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 $895.

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

The lowest price for a Cheap One Bedroom Waterloo Apartment is $875 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 $1,075 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 $1,300.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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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.

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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.