Townhomes For Rent in Waterloo, IL

2 rentals

  • 1306 Rachael Ln, Waterloo, IL 62298
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    APPLY INSTANTLY
    PET FRIENDLY
    $1,875/mo
    Total price
    3 Beds
    3 Baths
    1,750 sqft
    1306 Rachael Ln,
    Waterloo, IL 62298
  • 304 W Mill St, Waterloo, IL 62298
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    APPLY INSTANTLY
    PET FRIENDLY
    $1,095/mo
    2 Beds
    1 Bath
    800 sqft
    304 W Mill St,
    Waterloo, IL 62298

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Apartments For Rent Near Waterloo, IL

We found 30 more apartments 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 for a townhome stayed about the same in Nov 2026 compared to the previous month. Rent for townhomes peaked in May 2026.
MonthAverage rent
Aug 2025$1,600
Oct 2025$900
Nov 2025$900
Dec 2025$900
Jan 2026$900
Feb 2026$900
May 2026$1,825
Jul 2026$950
Aug 2026$950
Sep 2026$950
Oct 2026$1,195
Nov 2026$1,184
View as a graph

Average Rent By Bedroom and Home Type

In November 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$900$1,150$2,500—$1,200
Townhomes—$1,195$1,875—$1,825
Apartments and Condos—$950——$950
Houses$900$1,200$2,500—$2,500
See more information about local market trends in Waterloo, IL

Frequently Asked Questions about Townhomes for rent in Waterloo, IL

  • What is the average rent of a townhome in Waterloo, IL?
    The average rent of a townhome in Waterloo, IL is $1,825 per month. This is about 6% lower than the national average.
  • When is the average rent for a townhome cheapest in Waterloo, IL?
    In the last year, the average rent in Waterloo, IL was lowest in Oct 2025 when it was $900 per month.
  • When is the average rent for a townhome most expensive in Waterloo, IL?
    In the last year, the average rent in Waterloo, IL was highest in Aug 2025 when it was $1,600 per month.
  • How does the rent of a 3 bedroom townhome compare to a 2 bedroom townhome in Waterloo, IL?
    The average rent of a 3 bedroom townhome in Waterloo, IL is $1,875 per month. That is about $680 more than the cost of a 2 bedroom townhome.
  • How many townhomes are available to rent in Waterloo, IL?
    There are 3 available townhomes 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.
View this page in Spanish: Casas adosadas en renta en los alrededores de Waterloo, IL - 144 Casas adosadas | Trulia