
Cheap Homes for Rent in Waterloo, WI from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Waterloo.


4338 Melody Ln

6578 Lake Rd

164 S Washington St
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.

6402 Milwaukee St

249 Bunting Ln

3130 James St

985 Lum Ave
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.

6761 Dawn Dr
Waterloo, WI 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 | $1,887 | $1,500 | $2,250 |
| Waterloo 3 Bedroom Homes for Rent | $2,468 | $1,900 | $3,080 |
| Waterloo 4 Bedroom Homes for Rent | $3,353 | $3,100 | $3,900 |
| Waterloo 5 Bedroom Homes for Rent | $3,095 | $3,095 | $3,095 |
Browse Top Homes for Rent in Waterloo
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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 |
Best Value Apartments for Rent in Waterloo, WI and Nearby
As of January 18, 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 | $1.06 |
| Tamarack Gardens-Distinctive 55+ Community | 2 Beds 1.5 Bath | 2BR,1.5BA | $1.35 |
| Colorado Commons - 143 N Wildwood St | 2x2-D1 | 2BR,2BA | $1.42 |
| Tamarack Apartment Homes | 2 Bedroom | 2BR,1BA | $1.16 |
| School Street Apartments | 3 Bedroom 1.25 Bathroom | 3BR,1.25BA | $1.20 |
| KESTREL RIDGE | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| Crosstown of Sun Prairie | 2x1 | 2BR,1BA | $1.51 |
| Knowlton Woods Apartments | Two Bedroom | 2BR,1BA | $1.28 |
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!
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See the most popular apartments and homes in Waterloo, WI
Frequently Asked Questions about Waterloo
What type of rentals are currently available in Waterloo?
There are currently 57 Apartments for Rent in Waterloo, WI with pricing that ranges from $641 to $3,365. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo ranging from $600 to $3,900.
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 $600 to $3,900 with an average monthly rent of $2,352.
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

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!