
Cheap Homes for Rent in Waterloo, NE from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Waterloo.


219 N Stark St
Omaha's Best Affordable Neighborhoods
Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

14652 Sahler Plaza

9230 Grand Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

7525 285th St
Waterloo, NE 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 | $1,297 | $950 | $1,645 |
Waterloo 3 Bedroom Homes for Rent | $2,313 | $1,745 | $4,150 |
Waterloo 4 Bedroom Homes for Rent | $2,824 | $2,100 | $4,000 |
Browse Top Homes for Rent in Waterloo
Explore Waterloo
Waterloo, NE Local Guide
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Cheapest Available Waterloo Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterloo, NE is a 1 Bed unit found at Briar Hills in the Northeast Outer Elkhorn neighborhood priced from $1,045. The Trails at North Streams in the Millard neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,055. Here is today’s list of the most affordable Waterloo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Briar Hills | One Bedroom | 1BR,1BA | $1,045 |
The Trails at North Streams | Standing Bear | Studio,1BA | $1,055 |
Fifty575 Coventry | E | Studio,1BA | $1,076 |
Best Value Apartments for Rent in Waterloo, NE and Nearby
As of April 26, 2025 the best value apartment in the Waterloo area is the $1.36 price per square foot Newcastle Model at Cambridge Villas in the in the Georgetowne neighborhood starting from $2,430. The second greatest value Waterloo apartment is the Happy Hollow Model at Edge 204 starting at $1,788 with a $1.56 price per square foot in the Rose Gardens Estate 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. |
---|---|---|---|
Cambridge Villas | Newcastle | 3BR,3BA | $1.36 |
Edge 204 | Happy Hollow | 2BR,2BA | $1.56 |
Villas At The Pines | 2 Bedroom | 2BR,2BA | $1.14 |
Lakeside Hills | The Geneva | 1BR,1BA | $1.34 |
Trade Winds Apartment Homes | Two Bedroom | 2BR,2BA | $1.34 |
The Village on the Preserve | Maple | 2BR,2BA | $1.40 |
Capriana | Villa | 1BR,1BA | $1.55 |
Briar Hills | One Bedroom | 1BR,1BA | $1.27 |
Whispering Ridge | A1R | 1BR,1BA | $1.57 |
Cambury Hills Apartments | Cottage | 1BR,1BA | $1.42 |
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Frequently Asked Questions about Waterloo
What type of rentals are currently available in Waterloo?
There are currently 40 Apartments for Rent in Waterloo, NE with pricing that ranges from $1,030 to $3,450. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo ranging from $832 to $4,150.
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 $832 to $4,150 with an average monthly rent of $1,816.
How much are larger Three and Four Bedroom Rentals in Waterloo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterloo range from $1,803 to $3,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,745 to $4,150. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,599.
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.

Exploring Omaha’s Best Affordable Neighborhoods: Finding Your Perfect Fit in the Heart of the Midwest
Written by: Darla Ferrara
If you want to enjoy the good life but still have access to big-city perks, Omaha is the right choice. This metropolis has everything you could want, from fine dining to an award-winning zoo to a vibrant indie music scene.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.