Cheap Apartments for Rent in Waterloo, WI from $600 (16 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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 Sky Ridge in the Outer Sun Prairie neighborhood priced from $656. Hawthorne Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Waterloo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sky Ridge55+ 1 Bedroom/1 Bathroom1BR,1BA$656
Hawthorne Senior Apartments1 Bedroom No Balcony Upper1BR,1BA$845
The BaehronStudio UnfurnishedStudio,1BA$995
Knowlton Woods ApartmentsTwo Bedroom2BR,1BA$1,025
The Wildwood at MainTurtle 50%1BR,1BA$1,087

Best Value Apartments for Rent in Waterloo, WI and Nearby

As of April 18, 2025 the best value apartment in the Waterloo area is the $1.48 price per square foot 3 Bedrooms/2.5 Bathrooms Townhome Model at Sky Ridge in the in the Outer Sun Prairie neighborhood starting from $2,049. The second greatest value Waterloo apartment is the Elk 70% Model at The Wildwood at Main starting at $1,999 with a $1.58 price per square foot in the North Side 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.
Sky Ridge3 Bedrooms/2.5 Bathrooms Townhome3BR,2.5BA$1.48
The Wildwood at MainElk 70%3BR,2BA$1.58
Pondview Apartments3 BR UPPER3BR,2BA$1.40
Rock Creek12 bed 2 bath2BR,2BA$1.40
Hickory PointeBirch2BR,2BA$1.62
Freedom Ring Apartments2 bed/1 bath2BR,1BA$1.49
Crosstown of Sun Prairie2x12BR,1BA$1.49
590 Knowlton St, Unit 104590 Knowlton St2BR,1BA$1.09
The McHenryWorkforce Housing - A31BR,1BA$1.69
Hawthorne Senior Apartments1 Bedroom No Balcony Upper1BR,1BA$1.20

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Getting Around Waterloo, WI

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 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

What is the Cheapest Studio apartment in Waterloo?

Currently the most affordable Cheap Studio Apartment in Waterloo is at The Baehron listed at $995.

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

The lowest price for a Cheap One Bedroom Waterloo Apartment is $656 at Sky Ridge.

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 $784 at Sky Ridge.

What is the most affordable Waterloo Three Bedroom Apartment?

The best deal on a cheap Waterloo Three Bedroom Apartment rental is at Stonewood Rental and starts from $1,725.

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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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.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.