Cheap Apartments for Rent in Waterloo, AL from $400 (21 Rentals)

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

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Waterloo, AL Local Guide

Cheapest Available Waterloo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterloo, AL is a 2 Beds unit found at Greenleaf Apartments priced from $517. Shadybrook Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $612. Here is today’s list of the most affordable Waterloo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greenleaf Apartments2 Beds, 1 bath2BR,1BA$517
Shadybrook ApartmentsTwo-Bedoom2BR,1BA$612
STONEBROOK VILLAGE1 Bedroom 1 Bathroom1BR,1BA$725
Monarch Creek2 Bedroom Two Bathroom-Deluxe2BR,2BA$834
Breckenridge ApartmentsOne Bedroom1BR,1BA$850

Best Value Apartments for Rent in Waterloo, AL and Nearby

As of March 02, 2025 the best value apartment in the Waterloo area is the $0.96 price per square foot Deerfield Model at Deerfield Apartments in the starting from $1,200. The second greatest value Waterloo apartment is the 3 Bedroom Model at Walden Crest starting at $995 with a $0.83 price per square foot . 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.
Deerfield ApartmentsDeerfield2BR,2BA$0.96
Walden Crest3 Bedroom3BR,2BA$0.83
Seville Place Apartment Village2 BR/2 BA2BR,2BA$0.83
Monarch Creek2 Bedroom Two Bathroom-Deluxe2BR,2BA$0.86
Brentwood2BR/2.0BA2BR,2BA$0.89
Shadybrook ApartmentsTwo-Bedoom2BR,1BA$0.63
Brookfield Apartment Homes2 Bedroom 1.5 Bathroom2BR,1.5BA$0.89
Oliver CrossingThree Bedroom3BR,2BA$0.99
Breckenridge ApartmentsOne Bedroom1BR,1BA$0.96
Greenleaf Apartments2 Beds, 1 bath2BR,1BA$0.73

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Location, Location, Location!

Explore Waterloo, AL Rentals by Map

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See the most popular apartments and homes in Waterloo, AL

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Getting Around Waterloo, AL

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

19 / 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

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

The lowest price for a Cheap One Bedroom Waterloo Apartment is $725 at STONEBROOK VILLAGE.

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 $517 at Greenleaf Apartments.

What is the most affordable Waterloo Three Bedroom Apartment?

The best deal on a cheap Waterloo Three Bedroom Apartment rental is at Oliver Crossing and starts from $936.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.