How much is the average rent in Waterloo, IA for 1-bedroom and 2-bedroom apartments?

The average rent for a 1-bedroom apartment in Waterloo, IA is approximately $667, while a 2-bedroom apartment averages $856.

Are rents going up or down in Waterloo, IA?

Rents in Waterloo, IA are on the rise, with an overall increase of about 13.7%. Specifically, 1-bedroom rents have increased by 9.8%, and 2-bedroom rents have grown by 7.9%.

When is the best time to look for an apartment in Waterloo, IA?

December is the least competitive month to look for an apartment in Waterloo, IA, making it a potentially good time to find a deal, whereas April is the most competitive month.

What are the best neighborhoods to rent an apartment in Waterloo, IA?

Church Row Historic is a top choice for renters due to its character and convenience, with 1-bedroom rentals averaging $1,450 per month. It is also a hub for social activities and offers pet-friendly options.

What areas of Waterloo, IA are best for budget-conscious renters?

Church Row Historic offers budget-friendly options, with 1-bedroom rentals available for $595 per month, which is 10% lower than the city median.

Are there pet-friendly apartments in Waterloo, IA?

Yes, there are pet-friendly apartments in Waterloo, IA, with approximately 46.64% of listings being pet-friendly.

Are utilities usually included in rent in Waterloo, IA?

About 27% of the listings in Waterloo, IA include utilities in the rent.

Cheap Apartments for Rent in Waterloo, IA

66 rentals

5d+ ago

Cheap Common Grounds apartment for rent in Waterloo

118 1/2 Harrison Street - 1

118 1/2 Harrison St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$550

$500

Price drop

Apartment for rent

Available Feb 17

5d+ ago

Cheap apartment for rent in Waterloo

2BR/1.0BA

225 Miriam Dr #A, Waterloo, IA 50702

Affordable

2 beds

1 bath

$650

Apartment for rent

5d+ ago

Cheap Church Row Historic apartment for rent in Waterloo

804 West Mullan Avenue - 1

804 W Mullan Ave #1, Waterloo, IA 50701

Affordable

2 beds

1 bath

$650

Apartment for rent

Available Apr 13

5d+ ago

Cheap apartment for rent in Waterloo

2BR/1.0BA

303 Franklin St #2, Waterloo, IA 50703

Affordable | Assigned parking

2 beds

1 bath

$650

Apartment for rent

5d+ ago

Cheap Church Row Historic apartment for rent in Waterloo

206 Allen Street - 2 206 1/2 Allen St

206 Allen Street, Waterloo, IA 50701

Affordable

2 beds

1 bath

$650

Apartment for rent

Available Oct 1

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

418 Sunnyside Ave, Waterloo, IA 50701

Affordable | Hardwood floor

3 beds

1 bath

$675

House for rent

Nearby rental good for eco-living

$650

225 Miriam Dr #A

Nearby rental good for pet owners

$600–$900

314 Randolph St

5d+ ago

Cheap Church Row Historic condo for rent in Waterloo

Affordable | Outdoor space

2 beds

1 bath

$675

Condo for rent

Available Jan 23

5d+ ago

8.8

Very good

820 W 2nd St

820 W 2nd St, Waterloo, IA 50701

Affordable | On-site laundry

2 beds

1 bath

$695

Apartment for rent

Top amenities

On-Site Laundry

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5d+ ago

Cheap house for rent in Waterloo

2006 Lafayette Street - 1

2006 Lafayette St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$695

House for rent

Available Apr 6

1d ago

8.3

Very good

221-231 Miriam

221 Miriam Dr, Waterloo, IA 50702

Affordable

2 beds

1 bath

$700

Apartment for rent

Find sweet deals in Waterloo

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$650

804 W Mullan Ave #1

$650

206 Allen Street

$675

418 Sunnyside Ave

$695–$725

Mullan Townhomes

2d ago

Very good

910 Mulberry St

910 Mulberry St, Waterloo, IA 50703

Affordable

2 beds

1 bath

$715

Apartment for rent

5d+ ago

Cheap Church Row Historic apartment for rent in Waterloo

128/130 Leland/127 Virden - 130 Leland Ave

130 Leland Ave, Waterloo, IA 50701

Affordable

2 beds

1.5 baths

$725

Apartment for rent

Available Apr 17

1d ago

Cheap apartment for rent in Waterloo

1515 1/2 Franklin St, Waterloo, IA 50703

Affordable | Outdoor space

2 beds

1 bath

$750

Apartment for rent

5d+ ago

Cheap apartment for rent in Waterloo

235 Madison Street - 1

235 Madison St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$750

Apartment for rent

Available Apr 1

1012 West 3rd Street, Unit 1FL - Photo 1 of 1

2d ago

8.6

Very good

1012 West 3rd Street, Unit 1FL

1012 W 3rd St #1FL, Waterloo, IA 50701

Affordable

2 beds

1 bath

$795

House for rent

Available May 1

5d+ ago

Cheap Cityview house for rent in Waterloo

2014 Clearview St, Waterloo, IA 50707

Affordable

2 beds

1 bath

$795

House for rent

5d+ ago

Cheap Cityview house for rent in Waterloo

2001 City View St, Waterloo, IA 50707

Affordable

2 beds

1 bath

$795

House for rent

5d+ ago

Cheap Gates Park house for rent in Waterloo

613 Hope Ave, Waterloo, IA 50703

Affordable

2 beds

1 bath

$795

House for rent

1d ago

8.5

Very good

Ravenwood Rd Apartments

1127 Ravenwood Rd, Waterloo, IA 50702

Affordable | On-site laundry

2 beds

1 bath

$800

Apartment for rent

Top amenities

On-Site Laundry

3d ago

8.6

Very good

Willow Run Heights

1115 Doreen Ave, Waterloo, IA 50701

Affordable | Microwave

2–3 beds

1 bath

$800–$890

Apartment for rent

4d ago

8.3

Very good

614 Ansborough Avenue

602 Ansborough Ave, Waterloo, IA 50701

Affordable

2 beds

1 bath

$800

Apartment for rent

5d+ ago

8.5

Very good

Quail Valley

3730 Quail Pl, Waterloo, IA 50701

Affordable | On-site laundry | Garage parking

2 beds

1 bath

$800

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap apartment for rent in Waterloo

269 Madison Street - 1

269 Madison St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$800

Apartment for rent

Available Apr 14

5d+ ago

Cheap apartment for rent in Waterloo

2BR/1.0BA

401 Argyle St, Waterloo, IA 50703

Affordable

2 beds

1 bath

$800

Apartment for rent

5d+ ago

Cheap townhouse for rent in Waterloo

614 Ansborough Avenue - 6

614 Ansborough Ave #6, Waterloo, IA 50701

Affordable

2 beds

1 bath

$800

House for rent

Available Apr 1

5d+ ago

Cheap Maples apartment for rent in Waterloo

925 / 927 Cutler St - 927

927 Cutler St #927, Waterloo, IA 50703

Affordable | On-site laundry | Storage

2 beds

1 bath

$800

Apartment for rent

Available Jan 1

Top amenities

On-Site Laundry

1d ago

8.4

Very good

1131 Tiffany Pl

1131 Tiffany Pl, Waterloo, IA 50701

Affordable | Dishwasher

2 beds

1 bath

$810

Apartment for rent

5d+ ago

Cheap Riverfront house for rent in Waterloo

657 Dawson St, Waterloo, IA 50703

Affordable | Hardwood floor

2 beds

1 bath

$810

House for rent

5d+ ago

8.8

Very good

1642 E. Mitchell Ave

1642 E Mitchell Ave, Waterloo, IA 50702

Affordable | In-unit laundry | Air conditioning

2 beds

2 baths

$825

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap house for rent in Waterloo

2304 Lafayette St, Waterloo, IA 50703

Affordable

2 beds

1 bath

$825

House for rent

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

416 Sunnyside Ave, Waterloo, IA 50701

Affordable | In-unit laundry | Outdoor space

3 beds

1 bath

$825

House for rent

Top amenities

In-Unit Laundry

5d+ ago

8.3

Very good

Palmer Drive 226

226 Palmer Dr, Waterloo, IA 50702

Affordable

2 beds

1 bath

$850

Apartment for rent

Midland Apartments: 3768 W 9th - Photo 1 of 1

5d+ ago

Very good

Midland Apartments: 3768 W 9th

3768 W 9th St, Waterloo, IA 50702

Affordable

2 beds

1 bath

$850

Apartment for rent

5d+ ago

Cheap Common Grounds house for rent in Waterloo

1148 Columbia St. - 1

1148 Columbia St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$850

House for rent

Available Apr 6

5d+ ago

Cheap house for rent in Waterloo

205 Maplewood St - *

205 Maplewood St, Waterloo, IA 50703

Affordable

2 beds

1 bath

$850

House for rent

Available Apr 17

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

137 Western Ave, Waterloo, IA 50701

Affordable

2 beds

1 bath

$850

House for rent

2d ago

Cheap Church Row Historic house for rent in Waterloo

815 W 1st St, Waterloo, IA 50701

Affordable

3 beds

1.5 baths

$900

House for rent

2d ago

8.3

Very good

Cedar Crest Apartments

405 W Donald St, Waterloo, IA 50703

Affordable | Storage

2–3 beds

1 bath

$900–$1,000

Apartment for rent

5d+ ago

Cheap Gates Park house for rent in Waterloo

739 Sherman Ave, Waterloo, IA 50703

Affordable

3 beds

1 bath

$925

House for rent

5d+ ago

Cheap apartment for rent in Waterloo

216 Courtland Street #1 - 1

216 Courtland St #1, Waterloo, IA 50703

Affordable

4 beds

1 bath

$925

Apartment for rent

Available Apr 14

5d+ ago

Cheap Roosevelt house for rent in Waterloo

306 Charles St, Waterloo, IA 50703

Affordable | Outdoor space

3 beds

1 bath

$925

House for rent

5d+ ago

Cheap Unity house for rent in Waterloo

919 Oneida St, Waterloo, IA 50703

Affordable | On-site laundry | Outdoor space

3 beds

1 bath

$930

House for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap Common Grounds house for rent in Waterloo

214 Edwards Street - 1

214 Edwards St #1, Waterloo, IA 50703

Affordable

3 beds

1 bath

$950

House for rent

Available Mar 31

1d ago

Cheap Roosevelt house for rent in Waterloo

401 Charles Street - 1

401 Charles St #1, Waterloo, IA 50703

Affordable

3 beds

1 bath

$995

House for rent

Available Apr 22

5d+ ago

Cheap house for rent in Waterloo

213 Cottage St - *

213 Cottage St, Waterloo, IA 50703

Affordable | On-site laundry | Storage

3 beds

1 bath

$1,000

House for rent

Available Apr 17

Top amenities

On-Site Laundry

5d+ ago

Cheap house for rent in Waterloo

1122 Wellington St - *

1122 Wellington Street, Waterloo, IA 50702

Affordable | Garage parking | Hardwood floor

3 beds

1 bath

$1,000

House for rent

Available Dec 12

5d+ ago

Cheap house for rent in Waterloo

905 Baltimore St, Waterloo, IA 50702

Affordable | Dishwasher

3 beds

1.5 baths

$1,025

House for rent

5d+ ago

Cheap house for rent in Waterloo

1113 Randolph St, Waterloo, IA 50702

Affordable | On-site laundry | Garage parking

3 beds

2 baths

$1,045

House for rent

Top amenities

On-Site Laundry

4d ago

8.3

Very good

Prairie View Acres MHP

5900 Osage Road, Waterloo, IA 50703

Affordable | Dishwasher | Hardwood floor

3 beds

2 baths

$1,049

Apartment for rent

Available May 29

Top amenities

Air Conditioning

20h ago

Cheap house for rent in Waterloo

817 W 7th St - 1

817 W 7th St #1, Waterloo, IA 50702

Affordable | In-unit laundry | Dishwasher

3 beds

1 bath

$1,100

House for rent

Available Jun 1

Top amenities

Dishwasher

Hardwood Floor

In-Unit Laundry

Showing 1 - 50 of 60 results

Home > Apartments in Waterloo > Waterloo Cheap Apartments For Rent

Updated: April 23, 2026

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💸Lowest price	$500
🔑Available apartment rentals	66
💰Best rent deal	118 1/2 Harrison St #1
✨Popular amenities	, ,
🧦In-unit laundry
🍽With dishwasher
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