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Apartments for Rent in Waterloo, WI

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What to Know About

Life in Waterloo & Beyond

Waterloo shares many of the great qualities that make Wisconsin a desirable place to live.

Wisconsin, known for its picturesque landscapes, vibrant cities, and fascinating history, is a true gem of the Midwest. Discover Wisconsin's rich heritage by visiting its state-of-the-art museums, such as the Wisconsin Historical Museum in Madison or the Milwaukee Public Museum, or enroll in prestigious universities like the University of Wisconsin-Madison, Marquette University, and the University of Wisconsin-Milwaukee. The industries of manufacturing, agriculture, and tourism have built a robust economy in Wisconsin.

Combined with its diverse geography, it offers endless opportunities for outdoor enthusiasts to explore the state's stunning natural beauty. Enjoy fishing in the Great Lakes, skiing in its scenic mountains, or hiking in the picturesque Kettle Moraine State Forest. Cheer for the Green Bay Packers (NFL) and the Milwaukee Bucks (NBA), or take a scenic drive through the charming towns and countryside. And make sure to take advantage of famous attractions like Lambeau Field, Ice Age National Scientific Reserve, and the Wisconsin Dells.

Experience the best of both worlds with Wisconsin's unique blend of outdoor recreation and thriving economy, making it a great place to live.

Rental Market Trends

Waterloo, WI

As of November 2026, Waterloo's rental market is competitive, with rentals spending about 25 days on the market, faster than in Wisconsin (31), and rents up 2.7% over the past year. Waterloo's average rent is 21.8% ($336) lower than the Wisconsin average of $1,539 and 40.9% ($833) lower than the U.S. average of $2,036.

Average Rent
$1,203
Monthly ChangeMonth Over Month Change
Increased0.23% ($3)
Yearly ChangeYear Over Year Change
Increased2.7% ($32)
Days on Market
25
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,086 Decreased0.02% Increased4.3% ($45)
2 Beds $1,298 Increased0.11% ($1) Increased1.2% ($15)
3 Beds $1,883 Increased0.35% ($7) Increased1.2% ($22)
Nearby Cities Average Rent Avg. Rent vs. WaterlooAverage Rent vs. Waterloo Days on Market
Marshall $1,619 Increased34.6% ($416) 28 days
Lake Mills $1,676 Increased39.3% ($473) 31 days
Deerfield $1,684 Increased40.0% ($481) 30 days
Johnson Creek $1,685 Increased40.1% ($482) 25 days
Watertown $1,264 Increased5.1% ($61) 31 days
Based on rentals advertised on RentalSource in and around Waterloo.
Frequently Asked Questions
Waterloo Rental Market FAQs

Explore rental prices, market conditions, and affordability in Waterloo, WI.

The average rent in Waterloo, WI is about $1,203 per month.
In Waterloo, the average rent is about $1,086 per month for a 1-bedroom apartment, about $1,298 for a 2-bedroom apartment and about $1,883 for a 3-bedroom apartment.
The average rent in Waterloo is 40.9% ($833) lower than the national average of $2,036 per month.
The rental market in Waterloo, WI is currently competitive, with rentals spending about 25 days on the market, faster than in Wisconsin (31), and rents up 2.7% over the past year.
Based on the current averages, a household would need an annual income of about $51,900 to comfortably afford a 2-bedroom apartment in Waterloo.
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