Cheap Houses for Rent in Waterloo, IL

3 rentals

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 house increased in Aug 2026 compared to the previous month. Rent for houses peaked in Jan 2025.
MonthAverage rent
Jul 2025$900
Aug 2025$1,450
Sep 2025$1,395
Dec 2025$900
Jan 2026$900
Feb 2026$2,000
Mar 2026$950
Apr 2026$2,800
May 2026$2,800
Jun 2026$1,895
Jul 2026$1,150
Aug 2026$1,350
View as a graph

Average Rent By Bedroom and Home Type

In August 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$950$950$1,875—$950
Townhomes—$950$1,875—$950
Apartments and Condos$950$895$1,695—$895
Houses—$1,350$2,800—$1,350
See more information about local market trends in Waterloo, IL

Frequently Asked Questions about Houses for rent in Waterloo, IL

  • What is the average rent of a house in Waterloo, IL?
    The average rent of a house in Waterloo, IL is $1,350 per month. This is about 31% lower than the national average.
  • When is the average rent for a house cheapest in Waterloo, IL?
    In the last year, the average rent in Waterloo, IL was lowest in Feb 2025 when it was $900 per month.
  • When is the average rent for a house most expensive in Waterloo, IL?
    In the last year, the average rent in Waterloo, IL was highest in Jan 2025 when it was $2,200 per month.
  • How does the rent of a 3 bedroom house compare to a 2 bedroom house in Waterloo, IL?
    The average rent of a 3 bedroom house in Waterloo, IL is $2,800 per month. That is about $1,450 more than the cost of a 2 bedroom house.
  • How many houses are available to rent in Waterloo, IL?
    There are 2 available houses to rent in Waterloo, IL.
  • 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 baratas en renta en Waterloo, IL - 830 Rentas | Trulia