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Waterloo, WI Condos for Rent

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  • 619 Mckay Way Unit 3, Waterloo, WI 53594
    619 Mckay Way Unit 3, Waterloo, WI 53594
    619 Mckay Way Unit 3, Waterloo, WI 53594
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    $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
  • 639 Mckay Way Unit 3, Waterloo, WI 53594
    639 Mckay Way Unit 3, Waterloo, WI 53594
    639 Mckay Way Unit 3, Waterloo, WI 53594
    /20

    $2,020 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,951 Sq Ft
    • Condo for Rent

    639 Mckay Way Unit 3, Waterloo, WI 53594

    Introducing the beautiful McKay Way Townhouse 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

    639 Mckay Way Unit 3, Waterloo, WI 53594
  • 164 S Washington St Unit 4, Waterloo, WI 53594
    164 S Washington St Unit 4, Waterloo, WI 53594
    164 S Washington St Unit 4, Waterloo, WI 53594
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    $1,250

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 492 Sq Ft
    • Condo for Rent

    164 S Washington St Unit 4, Waterloo, WI 53594

    Property features a large, open layout, spacious living space/bedroom area, with appliances included. Central heating, smoke free, cable ready, large closets. Washer and dryer are conveniently located in the basement. PETS ALLOWED. Parking spot included, additional spots/garage access available upon request! NO SMOKING ALLOWED!Great location: located within walking distance to downtown

    164 S Washington St Unit 4, Waterloo, WI 53594
  • 173 N Monroe St Unit 3, Waterloo, WI 53594
    173 N Monroe St Unit 3, Waterloo, WI 53594
    173 N Monroe St Unit 3, Waterloo, WI 53594
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    $750 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    173 N Monroe St Unit 3, Waterloo, WI 53594

    1B/1B plus bonus room in a quiet, 3-unit building. Sunny second story unit with bonus room for an office or crafting space! Great location within Waterloo's historic downtown district. Laundry hook-ups in the basement. Cats and dogs welcome!All Superior Property Group residents are enrolled in the Resident Benefits Package (RBP) for $35.95/month which includes liability insurance, credit

    173 N Monroe St Unit 3, Waterloo, WI 53594
Wisconsin Jefferson County

Condos for Rent in Waterloo, WI

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 $1,425 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses 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 $64,000 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 $1,600 per month in Waterloo, WI, renters typically need to show $4,800 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 18.6, 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.
What neighborhoods in Waterloo, WI are best for renting a condo?
The best neighborhood for renting in Waterloo, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Eastern Sun Prairie, South Central Sun Prairie, Greater Sandburg and Atwood, each with its own character and price range.

Condo Rental Trends in Waterloo, WI

There are currently 4 condos available for rent in Waterloo, WI. The median rent is $1,425 per month, with 1-bedroom condos renting at $1,175, 2-bedroom condos at $1,250 and 3-bedroom condos at $2,020.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$1,425
Median 1 Bedroom Condo Rent
$1,175
Median 2 Bedroom Condo Rent
$1,250
Median 3 Bedroom Condo Rent
$2,020
How to Rent a Home

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