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Newest Homes for Rent in Waterloo, WI

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    Starting at $895 Per Month

    • 1 Bed

    1085 Jaystone Terrace, Waterloo, WI 53594

    Hawthorne Apartments is a 55 or better Senior Living Community that is a perfect place to call home. These one and two bedroom units have ample closet space, spacious bathrooms & all appliances are included. Hawthorne s a Non-smoking & Pet free complex. We offer quiet and peaceful environment to meet your needs. Each floor has coin operated laundry & our second floor has easy access by elevator.

    Hawthorne Senior Apartments

    (262) 393-4335

    1085 Jaystone Terrace, Waterloo, WI 53594
  • /27

    $2,020 Per Month

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • Townhouse for Rent

    644 Mckay Way, Waterloo, WI 53594

    Introducing the beautiful newly built units on McKay Way apartments in Waterloo, WI. 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 a

    (608) 208-6173

    644 Mckay Way, Waterloo, WI 53594
  • /9

    $750 Per Month

    • 1 Bath
    • 318 Sq Ft
    • Apartment for Rent

    161 Goehl Rd, Waterloo, WI 53594

    James Lang The Lang Group

    161 Goehl Rd, Waterloo, WI 53594
  • /10

    Starting at $1,195 Per Month

    • 2 Beds

    204 Anna St, Waterloo, WI 53594

    Large 2 bedroom apartment. Open concept Kitchen, snack bar, dinette and living room. Large bathroom. 2 large bedrooms with walk-in closets. Many cabinets and closets.Includes private large 1 car garage with electric door opener, entrance from inside the building. Includes air conditioning unit.Includes heat Laundry facilities on each floor.Lower units features private

    Anna Street Apartments

    (262) 333-0126

    204 Anna St, Waterloo, WI 53594
  • /9

    Starting at $1,075 Per Month

    • 2 Beds

    554-606 Knowlton St, Waterloo, WI 53594

    Waterloo remodeled 2 bedroom apartment. No pets No smoking. Owners pay water and trash, tenant pays gas and electric. Gas forced air heat, wall air conditioner. Coin laundry in basement. If Interested please call Larry (I prefer phone calls rather than emails or texts) Thank you

    Knowlton Woods Apartments

    (319) 432-0355

    554-606 Knowlton St, Waterloo, WI 53594

Frequently Asked Questions

How much does it cost to rent a home in Waterloo, WI?
The median rent for a home in Waterloo, WI is $1,385 per month, though prices vary by neighborhood, size, and property type. As of May 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 $55,400 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 $1,385 per month in Waterloo, WI, renters typically need to show $4,155 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 21.4, 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 home?
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 home include Northeastern Sun Prairie, Northern Sun Prairie, Berkeley Oaks, Old Village and Central Sun Prairie, each with its own character and price range.

Rental Home Trends in Waterloo, WI

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,385
Median Townhouse Rent
$2,020
Median Condo Rent
$750
How to Rent a Home