
1 Bedroom Apartments for Rent in Waterman, IL (27 Rentals)


310 N Elm St

Cornerstone Dekalb Apartments

Lincolnshire West

City Hall Suites

Varsity Square Apartments
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Agora Tower

University Plaza Apartments

The Terraces at Dekalb on Hillcrest Drive

Willis Senior Lofts

University Village Apartments

Fox Hill Senior Living
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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.

The Terraces at Dekalb on Ridge Drive

Hunter Star Properties

Amber Manor

103 W Railroad St

Countryside Village Apartments

New Suburban Apartments
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Ashbury Court

The Terraces at Dekalb

Colonial House

University Heights Apartments

High Meadows Apartments

908 Greenbrier Rd
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

The Terraces at Dekalb on Normal Road

The Terraces at Dekalb on Linden Place

The Terraces at Dekalb on Greenbrier Road
Waterman, IL Local Guide

How much does it cost to rent an apartment in Waterman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterman Studio Apartments | $833 | $600 | $1,400 |
Waterman 1 Bedroom Apartments | $971 | $656 | $1,578 |
| Waterman 2 Bedroom Apartments | $1,189 | $450 | $2,157 |
| Waterman 3 Bedroom Apartments | $1,318 | $789 | $2,200 |
| Waterman 4 Bedroom Apartments | $1,544 | $1,295 | $2,150 |
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Waterman, IL Local Guide
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Largest Available Waterman and Nearby 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in Waterman, IL is found at Willis Senior Lofts and is 677 square feet priced from $839. Countryside Village Apartments in the Whispering Meadows neighborhood has the second largest 1 Bedroom, which is sized at 552 square feet and currently listed start at $1,578. Here is today’s list of the largest available 1 Bedroom units in Waterman:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Willis Senior Lofts | 1 Bedroom - Subsidized | 677 Sq Ft | $839 |
| Countryside Village Apartments | 1 Bed, 1 bath | 552 Sq Ft | $1,578 |
| University Plaza Apartments | A6 Floor Plan | 520 Sq Ft | $1,199 |
Cheapest Available Waterman and Nearby 1 Bedroom Apartments
As of April 29, 2026 the lowest priced 1 Bedroom apartment unit in Waterman, IL is the Ridge Drive 1 Bed Model starting from $825 at The Terraces at Dekalb on Ridge Drive in the Devonaire Farms neighborhood. The second most affordable Waterman 1 Bedroom is the 1 Bedroom - Subsidized Model at Willis Senior Lofts starting at $839 . The average price for all 1 Bedroom apartments in Waterman is currently $971. Here is today’s list of the cheapest available 1 Bedroom options in Waterman:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| The Terraces at Dekalb on Ridge Drive | Ridge Drive 1 Bed | $825 |
| Willis Senior Lofts | 1 Bedroom - Subsidized | $839 |
| 103 W Railroad St | 1 Bed, 1 bath | $850 |
| The Terraces at Dekalb on Normal Road | Normal Road 1 Bed | $895 |
| City Hall Suites | 1 BD | 1 BA | $1,400 |
| Countryside Village Apartments | 1 Bed, 1 bath | $1,578 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 Waterman, IL Rentals by Map
See the most popular apartments and homes in Waterman, IL
Frequently Asked Questions about 1 Bedroom Waterman Apartments
What is the Cheapest apartment in Waterman with 1 Bedroom?
Currently the most affordable 1 Bedroom in Waterman is at The Terraces at Dekalb on Ridge Drive listed at $825.
How much is the average rent for a 1 Bedroom Waterman Apartment?
The average rent for a 1 Bedroom Apartment in Waterman is $971.
What is the largest available 1 Bedroom Waterman Apartment for rent?
Today's apartment with the most square footage in Waterman is a 677 square feet unit starting from $839 at Willis Senior Lofts.
What is the average size for Waterman 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Waterman is currently 140 sq ft.
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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.