Waterloo IL Apartments

2 rentals

Apartments For Rent Near Waterloo, IL

We found 1 more apartment matching your filters just outside Waterloo

Average Rent Trends in Waterloo, IL

Rent in Waterloo, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Jun 2025$1,050
Jul 2025$900
Aug 2025$825
Sep 2025$816
Oct 2025$750
Nov 2025$750
Dec 2025$1,850
Jan 2026$1,100
Feb 2026$950
Mar 2026$1,300
Apr 2026$775
May 2026$1,300
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$775$1,695$3,200$1,850
Townhomes—$1,825——$1,825
Apartments and Condos—$775$1,695—$1,300
Houses——$1,895$3,200$2,800

Frequently Asked Questions about Apartments and Condos for rent in Waterloo, IL

  • What is the average rent of an apartment in Waterloo, IL?
    The average rent of an apartment in Waterloo, IL is $1,695 per month. This is about 12% lower than the national average.
  • When is the average rent cheapest in Waterloo, IL?
    In the last year, the average rent in Waterloo, IL was lowest in Oct 2025 when it was $750 per month.
  • When is the average rent most expensive in Waterloo, IL?
    In the last year, the average rent in Waterloo, IL was highest in Dec 2025 when it was $1,850 per month.
  • How many apartments or condos are available to rent in Waterloo, IL?
    There are 3 available apartments or condos to rent in Waterloo, IL.
  • What are some neighborhoods in Waterloo, IL?
    Some neighborhoods in Waterloo, IL include: Floraville, Paderborn.
  • What are some zip codes in Waterloo, IL?
    Waterloo, IL includes zip codes such as: 62298, 62248.
  • What are some cities near Waterloo, IL?
    Some nearby cities include: Maeystown, Hecker, Valmeyer, Columbia, Smithton. These cities may have more rental options to explore.