If you’re searching for a new place to live in Waterloo, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Waterloo neighborhoods have continued to increase over the years. Luckily, even in 2026, there are some Waterloo neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Waterloo for renters is sorted by lowest median rental rates compared to the Waterloo average.
