
Cheap Homes for Rent in Waterloo, WI from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Waterloo.


150 S River St

1066 Perry St

268 Mallard Ln

652 Damascus Trail

141 Division St
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.
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 | $1,485 | $750 | $1,900 |
Waterloo 3 Bedroom Homes for Rent | $2,454 | $1,850 | $3,200 |
Waterloo 4 Bedroom Homes for Rent | $2,847 | $2,795 | $2,900 |
Waterloo 5 Bedroom Homes for Rent | $3,595 | $3,595 | $3,595 |
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 Sky Ridge in the Outer Sun Prairie neighborhood priced from $656. 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 |
---|---|---|---|
Sky Ridge | 55+ 1 Bedroom/1 Bathroom | 1BR,1BA | $656 |
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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sky Ridge | 3 Bedrooms/2.5 Bathrooms Townhome | 3BR,2.5BA | $1.48 |
The Wildwood at Main | Elk 70% | 3BR,2BA | $1.58 |
Pondview Apartments | 3 BR UPPER | 3BR,2BA | $1.40 |
Rock Creek1 | 2 bed 2 bath | 2BR,2BA | $1.40 |
Hickory Pointe | Birch | 2BR,2BA | $1.62 |
Freedom Ring Apartments | 2 bed/1 bath | 2BR,1BA | $1.49 |
Crosstown of Sun Prairie | 2x1 | 2BR,1BA | $1.49 |
590 Knowlton St, Unit 104 | 590 Knowlton St | 2BR,1BA | $1.09 |
The McHenry | Workforce Housing - A3 | 1BR,1BA | $1.69 |
Hawthorne Senior Apartments | 1 Bedroom No Balcony Upper | 1BR,1BA | $1.20 |
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Frequently Asked Questions about Waterloo
What type of rentals are currently available in Waterloo?
There are currently 50 Apartments for Rent in Waterloo, WI with pricing that ranges from $950 to $3,266. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo ranging from $750 to $3,595.
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 $750 to $3,595 with an average monthly rent of $2,397.
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 $1,400 to $3,266, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $2,390.
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.

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.

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.

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.

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.