Waterloo, WI Condos for Rent

/10
$2,020 Per Month
- 3 Beds
- 2.5 Baths
- 1,951 Sq Ft
- Condo for Rent
605 Mckay Way Unit 1, Waterloo, WI 53594

Introducing the beautiful McKay Way apartments in Waterloo, WI, recently built in 2022. With beautiful finishes, tons of living space and high end amenities, these apartments are the ultimate living experience East of Madison. With a 20 minute commute to the east side of Madison, and easy access to other metro areas like Janesville and Milwaukee, the location is top tier. The area of Waterloo is

605 Mckay Way Unit 1, Waterloo, WI 53594
/17
$2,020 Per Month
- 3 Beds
- 2.5 Baths
- 1,951 Sq Ft
- Condo for Rent
619 Mckay Way Unit 3, Waterloo, WI 53594

Introducing the beautiful McKay Way apartments in Waterloo, WI, recently built in 2022. With beautiful finishes, tons of living space and high end amenities, these apartments are the ultimate living experience East of Madison. With a 20 minute commute to the east side of Madison, and easy access to other metro areas like Janesville and Milwaukee, the location is top tier. The area of Waterloo is

619 Mckay Way Unit 3, Waterloo, WI 53594

Wisconsin Jefferson County Waterloo

Frequently Asked Questions

How much does it cost to rent a condo in Waterloo, WI?

The median rent for a condo in Waterloo, WI is $2,020 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos are currently more expensive.

How much do you need to make to afford rent in Waterloo, WI?

To comfortably afford the median rent in Waterloo, WI, a household needs to earn roughly $80,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,020 per month in Waterloo, WI, renters typically need to show $6,060 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Waterloo, WI?

In Waterloo, WI, the price-to-rent ratio is 14.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Waterloo, WI

There are currently 2 condos available for rent in Waterloo, WI. The median rent is $2,020 per month, with 3-bedroom condos at $2,020.

Rental Home Trends

Number of Condos for Rent 2	Median Condo Rent $2,020
Median 3 Bedroom Condo Rent $2,020

How to Rent a Home

Rentals in Waterloo

Waterloo Apartments for Rent

More About Living in Waterloo

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