1 Bedroom Apartments for Rent in Waterman, IL (32 Rentals)

Cornerstone Dekalb Apartments

Varsity Square Apartments

University Plaza Apartments

The Terraces at Dekalb on Hillcrest Drive
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Lucinda Oaks Apartments

The Terraces at Dekalb on Ridge Drive

University Village Apartments

103 W Railroad St

Countryside Village Apartments

Colonial House
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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.

High Meadows Apartments

University Heights Apartments

908 Greenbrier Rd

223 E Lincoln Hwy

101 N Main St

561 Ashland Ave

102 S 2nd St

128 Bertram Dr

19 N Webster St

302 Millbridge Dr
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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 | $777 | $569 | $1,400 |
Waterman 1 Bedroom Apartments | $919 | $635 | $1,450 |
Waterman 2 Bedroom Apartments | $1,241 | $725 | $2,775 |
Waterman 3 Bedroom Apartments | $1,508 | $930 | $2,985 |
Waterman 4 Bedroom Apartments | $1,857 | $1,040 | $3,495 |
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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 Cornerstone Dekalb Apartments in the Devonaire Farms neighborhood and is 800 square feet priced from $1,450. Lincolnshire West has the second largest 1 Bedroom, which is sized at 690 square feet and currently listed start at $1,035. Here is today’s list of the largest available 1 Bedroom units in Waterman:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Cornerstone Dekalb Apartments | 1 BD | 1 BA | 800 Sq Ft | $1,450 |
Lincolnshire West | 1bu | 690 Sq Ft | $1,035 |
Willis Senior Lofts | 1 Bedroom | 677 Sq Ft | $800 |
Varsity Square Apartments | Small Corner one-bedroom | 530 Sq Ft | $875 |
New Suburban Apartments | 1 Bedroom | 495 Sq Ft | $900 |
103 W Railroad St | 1 bedroom apt | 450 Sq Ft | $800 |
Agora Tower | 1 BD | 1 BA | 0 Sq Ft | $1,450 |
City Hall Suites | 1 BD | 1 BA | 0 Sq Ft | $1,400 |
The Terraces at Dekalb on Ridge Drive | Ridge Drive 1 Bed | 0 Sq Ft | $825 |
Cheapest Available Waterman and Nearby 1 Bedroom Apartments
As of May 10, 2025 the lowest priced 1 Bedroom apartment unit in Waterman, IL is the 1 Bedroom Model starting from $800 at Willis Senior Lofts . The second most affordable Waterman 1 Bedroom is the 1 bedroom apt Model at 103 W Railroad St starting at $800 . The average price for all 1 Bedroom apartments in Waterman is currently $919. Here is today’s list of the cheapest available 1 Bedroom options in Waterman:
Apartment Listing | Model Name | Priced From |
---|---|---|
Willis Senior Lofts | 1 Bedroom | $800 |
103 W Railroad St | 1 bedroom apt | $800 |
The Terraces at Dekalb on Ridge Drive | Ridge Drive 1 Bed | $825 |
The Terraces at Dekalb | Ridge Drive 1 Bed | $825 |
Varsity Square Apartments | 1 Bedroom without dining room | $845 |
New Suburban Apartments | 1 Bedroom | $900 |
Lincolnshire West | 1bu | $1,035 |
City Hall Suites | 1 BD | 1 BA | $1,400 |
Agora Tower | 1 BD | 1 BA | $1,450 |
Cornerstone Dekalb Apartments | 1 BD | 1 BA | $1,450 |
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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
Getting Around Waterman, IL
Walk Score®
25 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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 1 Bedroom Waterman Apartments
What is the Cheapest apartment in Waterman with 1 Bedroom?
Currently the most affordable 1 Bedroom in Waterman is at Willis Senior Lofts listed at $800.
How much is the average rent for a 1 Bedroom Waterman Apartment?
The average rent for a 1 Bedroom Apartment in Waterman is $919.
What is the largest available 1 Bedroom Waterman Apartment for rent?
Today's apartment with the most square footage in Waterman is a 800 square feet unit starting from $1,450 at Cornerstone Dekalb Apartments.
What is the average size for Waterman 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Waterman is currently 593 sq ft.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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.