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 August 2025, Waterloo's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Waterloo's average rent is 33.4% ($483) lower than the Wisconsin average of $1,447 and 46.1% ($826) lower than the U.S. average of $1,790.

Average Rent

$964

Monthly ChangeMonth Over Month Change

No change

Yearly ChangeYear Over Year Change

20.4% ($247)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$886	0.7% ($6)	12% ($121)
2 Beds	$1,092	0.3% ($3)	12.2% ($152)
3 Beds	$1,357	2% ($27)	14.1% ($223)

Nearby Cities	Average Rent	Avg. Rent vs. WaterlooAverage Rent vs. Waterloo	Avg. Days on MarketAverage Days on Market
Lake Mills	$1,681	74.4% ($717)	35 days
Deerfield	$1,558	61.6% ($594)	42 days
Johnson Creek	$1,840	90.9% ($876)	39 days
Watertown	$1,095	13.6% ($131)	37 days
Sun Prairie	$1,783	85% ($819)	42 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Waterloo Rental Market FAQs

Explore rental prices, market trends, and availability in Waterloo, WI.

What is the average rent in Waterloo, WI?

The average rent in Waterloo, WI is $964 per month.

What is the rental price range for homes in Waterloo, WI?

Homes in Waterloo typically rent for between $620 and $1,764 per month, with an average of $964 per month.

What is the average rent for different bedroom sizes in Waterloo, WI?

In Waterloo, the average rent for a 1-bedroom home is $886 per month, for a 2-bedroom home, $1,092 per month, and a 3-bedroom home is $1,357 per month.

How do rent prices in Waterloo, WI compare with the national average?

The average rent in Waterloo is 46.1% ($826) lower than the national average of $1,790 per month.

How have rent prices in Waterloo, WI changed recently?

The average rent in Waterloo has remained stable in the last month and decreased by 20.4% ($247) over the past year.

How competitive is the rental market in Waterloo, WI?

The rental market in Waterloo, WI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Waterloo, WI?

In Waterloo, WI, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

Can I afford to rent a home in Waterloo, WI?

Based on the current averages, a household would need an annual income of $43,680 to comfortably afford a 2-bedroom home in Waterloo.