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Cheap Apartments for Rent in Waterloo, IA

59 rentals

314 Randolph Street - Photo 1 of 1
Income restricted

20h ago

9

Excellent

314 Randolph Street

314 Randolph St, Waterloo, IA 50701

Affordable | On-site laundry | Dishwasher

1–3 beds

1–2 baths

$600–$1,200

Apartment for rent

Top amenities
Carpet
Central Heat
High Ceilings
On-Site Laundry
253 Monroe St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

253 Monroe St, Waterloo, IA 50703

Affordable | Air conditioning

2 beds

1 bath

$600

House for rent

309 Allen Street - Photo 1 of 1

1d ago

Cheap Church Row Historic apartment for rent in Waterloo

309 Allen Street

309 Allen St, Waterloo, IA 50701

Affordable | On-site laundry | Assigned parking

2 beds

1 bath

$620

Apartment for rent

Top amenities
On-Site Laundry
325 East 2nd Street - Photo 1 of 1

3d ago

7.9

Very good

325 East 2nd Street

325 E 2nd St, Waterloo, IA 50703

Affordable

2 beds

1 bath

$625

Apartment for rent

115 Irving - Photo 1 of 1

3h ago

8.2

Very good

115 Irving

115 Irving St, Waterloo, IA 50703

Affordable | Controlled access

2 beds

1 bath

$650

Apartment for rent

809 W 4th St - Photo 1 of 1

1d ago

Cheap Church Row Historic apartment for rent in Waterloo

809 W 4th St

809 W 4th St, Waterloo, IA 50702

Affordable

2 beds

1 bath

$650

Apartment for rent

Nearby rental good for eco-living

$650

115 Irving St

Nearby rental good for pet owners

Nearby rental good for social life

$620

309 Allen St

723 W 1st St - Photo 1 of 1

4d ago

8.6

Very good

723 W 1st St

723 W 1st St, Waterloo, IA 50701

Affordable | Outdoor space

2 beds

1 bath

$650

Apartment for rent

800 W Mullan Ave - Photo 1 of 1

5d+ ago

Cheap Church Row Historic apartment for rent in Waterloo

800 W Mullan Ave, Waterloo, IA 50701

Affordable | In-unit laundry | Concierge service

2 beds

1 bath

$650

Apartment for rent

Available Mar 26

Top amenities
In-Unit Laundry
On-Site Laundry
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126 Brookeridge Dr - Photo 1 of 1

1d ago

Cheap apartment for rent in Waterloo

126 Brookeridge Dr

126 Brookeridge Dr, Waterloo, IA 50702

Affordable

2 beds

1 bath

$675

Apartment for rent

237 Miriam Dr - Photo 1 of 1

1d ago

8.8

Very good

237 Miriam Dr

237 Miriam Dr, Waterloo, IA 50702

Affordable | In-unit laundry | Outdoor space

2 beds

1 bath

$695

Apartment for rent

Top amenities
In-Unit Laundry
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Find sweet deals in Waterloo

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

$620

309 Allen St

$650

809 W 4th St

$650

723 W 1st St

$650

800 W Mullan Ave

215 Western Ave - Photo 1 of 1

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

215 Western Ave, Waterloo, IA 50701

Affordable

2 beds

1 bath

$700

House for rent

113 Maplewood St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

113 Maplewood St, Waterloo, IA 50703

Affordable | In-unit laundry | Air conditioning

2 beds

1 bath

$749

$700

Price drop

House for rent

Available Sep 3

Top amenities
In-Unit Laundry
1309 Grant Ave - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

2BR/1.0BA

1309 Grant Ave, Waterloo, IA 50702

Affordable | In-unit laundry | Outdoor space

2 beds

1 bath

$705

Apartment for rent

Top amenities
In-Unit Laundry
1131 Tiffany Pl - Photo 1 of 1

12h ago

8.5

Very good

1131 Tiffany Pl

1131 Tiffany Pl, Waterloo, IA 50701

Affordable

2 beds

1 bath

$710

Apartment for rent

253 Madison St - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

253 Madison St, Waterloo, IA 50703

Affordable | In-unit laundry | Storage

2 beds

1 bath

$725

Apartment for rent

Available Sep 3

Top amenities
Air Conditioning
Concierge Service
In-Unit Laundry
Storage
Willow Run Heights - Photo 1 of 1

2d ago

8.6

Very good

Willow Run Heights

1115 Doreen Ave, Waterloo, IA 50701

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$750–$850

Price drop

Apartment for rent

Top amenities
In-Unit Laundry
135 Western Ave - Photo 1 of 1

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

Affordable | In-unit laundry

2 beds

1 bath

$750

House for rent

Top amenities
In-Unit Laundry
733 1/2 Baltimore St - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

733 1/2 Baltimore St, Waterloo, IA 50702

Affordable | In-unit laundry | Garage parking

2 beds

1 bath

$750

Apartment for rent

Available Aug 26

Top amenities
Air Conditioning
Concierge Service
In-Unit Laundry
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1838 W 3rd St - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

1838 W 3rd St, Waterloo, IA 50701

Affordable | In-unit laundry | Concierge service

2 beds

1 bath

$800

$750

Price drop

Apartment for rent

Available Aug 5

Top amenities
Concierge Service
In-Unit Laundry
On-Site Laundry
1840 W 3rd St - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

1840 W 3rd St, Waterloo, IA 50701

Affordable | In-unit laundry | Concierge service

2 beds

1 bath

$750

Apartment for rent

Available Apr 21

Top amenities
Concierge Service
In-Unit Laundry
On-Site Laundry
Porter Drive Apartments - Photo 1 of 1

1d ago

8.5

Very good

Porter Drive Apartments

800 Porter Dr, Waterloo, IA 50701

Affordable | Air conditioning

2 beds

1 bath

$775

Apartment for rent

Cobblestone Circle Apartment 2 Bedroom, 1 Bath Secure Building - Photo 1 of 1

1d ago

8.8

Very good

Cobblestone Circle Apartment 2 Bedroom, 1 Bath Secure Building

3301 Cobblestone Cir, Waterloo, IA 50701

Affordable | Air conditioning

2 beds

1 bath

$775

Apartment for rent

832 Adrian St - Photo 1 of 1

1d ago

Cheap house for rent in Waterloo

832 Adrian St, Waterloo, IA 50703

Affordable

3 beds

1 bath

$795

House for rent

218 E 9th St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

218 E 9th St, Waterloo, IA 50703

Affordable

2 beds

1 bath

$795

House for rent

418 Sunnyside Ave - Photo 1 of 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

$795

House for rent

Ravenwood Rd Apartments - Photo 1 of 1

3d ago

8.5

Very good

Ravenwood Rd Apartments

1127 Ravenwood Rd, Waterloo, IA 50702

Affordable

2 beds

1 bath

$800

Apartment for rent

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Quail Valley - Photo 1 of 1

3d 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
415 Wellington St - Photo 1 of 1

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

415 Wellington St, Waterloo, IA 50701

Affordable

4 beds

1 bath

$800

House for rent

403 Indiana St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

403 Indiana Street - OP - 1

403 Indiana St, Waterloo, IA 50703

Affordable | In-unit laundry | Garage parking

2 beds

1 bath

$815

House for rent

Available Aug 25

Top amenities
Concierge Service
Garage Parking
In-Unit Laundry
1105 Kent Circle - Photo 1 of 1
3D tour

2d ago

8.5

Very good

1105 Kent Circle

1105 Kent Cir, Waterloo, IA 50701

Affordable | On-site laundry | Oven

2 beds

1 bath

$825

Apartment for rent

Top amenities
On-Site Laundry
215 Miriam Drive - Photo 1 of 1

4d ago

8.1

Very good

Our team has verified this company

Verified

215 Miriam Drive

215 Miriam Drive, Waterloo, IA 50702

Affordable | Hardwood floor | Central heat

2 beds

1 bath

$825

Apartment for rent

Available Aug 18

Top amenities
Controlled Access
415 Adams St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

415 Adams St, Waterloo, IA 50703

Affordable | In-unit laundry | Air conditioning

3 beds

1 bath

$825

House for rent

Available Aug 7

Top amenities
In-Unit Laundry
Package Service
3728 West 9th Street - Photo 1 of 1

3d ago

8

Very good

3728 West 9th Street

3728 W 9th St, Waterloo, IA 50702

Affordable

2 beds

1 bath

$835

Apartment for rent

314 Locust St - Photo 1 of 1

2d ago

8

Very good

314 Locust St

314 Locust St, Waterloo, IA 50701

Affordable | Hardwood floor

3 beds

1 bath

$875

Apartment for rent

Advertisement
213 Clay St - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

3BR/1.0BA

213 Clay St, Waterloo, IA 50703

Affordable | Outdoor space

3 beds

1 bath

$900

Apartment for rent

752 Dawson St - Photo 1 of 1

5d+ ago

Cheap Riverfront house for rent in Waterloo

752 Dawson St, Waterloo, IA 50703

Affordable | Air conditioning

4 beds

1 bath

$950

House for rent

122 Newell St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

122 Newell St, Waterloo, IA 50703

Affordable | In-unit laundry | Concierge service

3 beds

1 bath

$950

House for rent

Available Jul 7

Top amenities
In-Unit Laundry
634 Englewood Ave - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

634 Englewood Ave, Waterloo, IA 50701

Affordable | In-unit laundry | Air conditioning

3 beds

1 bath

$1,200

$995

Price drop

House for rent

Available Aug 27

Top amenities
Air Conditioning
In-Unit Laundry
226 Madison St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

226 Madison St, Waterloo, IA 50703

Affordable | Garage parking | Outdoor space

3 beds

1 bath

$995

House for rent

Prairie View Acres - Photo 1 of 1

3d ago

8.8

Very good

Prairie View Acres

5900 Osage Rd, Waterloo, IA 50703

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$999

Apartment for rent

Top amenities
Air Conditioning
In-Unit Laundry
Microwave
On-Site Management
121 Dawson St - Photo 1 of 1

5d+ ago

Cheap Common Grounds house for rent in Waterloo

121 Dawson St, Waterloo, IA 50703

Affordable | On-site laundry

3 beds

2 baths

$1,025

House for rent

Top amenities
On-Site Laundry
821 W 1st St - Photo 1 of 1

1d ago

Cheap Church Row Historic house for rent in Waterloo

821 W 1st St - 1

821 W 1st St, Waterloo, IA 50701

Affordable | On-site laundry | Dishwasher

4 beds

1 bath

$1,100

House for rent

Available Sep 1

Top amenities
Air Conditioning
Dishwasher
On-Site Laundry
Advertisement
140 Moir St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

140 Moir St, Waterloo, IA 50701

Affordable

3 beds

1 bath

$1,100

House for rent

516 Cutler St - Photo 1 of 1

5d+ ago

Cheap Common Grounds house for rent in Waterloo

516 Cutler St, Waterloo, IA 50703

Affordable | In-unit laundry

3 beds

1 bath

$1,100

House for rent

Top amenities
In-Unit Laundry
545 W Parker St - Photo 1 of 1

5d+ ago

Cheap Riverfront house for rent in Waterloo

545 W Parker St, Waterloo, IA 50703

Affordable

3 beds

1 bath

$1,125

House for rent

618 W 1st St - Photo 1 of 1

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

618 W 1st St - *

618 W 1st St, Waterloo, IA 50701

Affordable | Hardwood floor | Cable

4 beds

1 bath

$1,150

House for rent

Available Jul 18

740 Baltimore St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

740 Baltimore St, Waterloo, IA 50702

Affordable | Garage parking

3 beds

1 bath

$1,175

House for rent

416 Sullivan Avenue - Photo 1 of 1
Income restricted

1d ago

9.4

Excellent

416 Sullivan Avenue

416 Sullivan Ave, Waterloo, IA 50701

Affordable | In-unit laundry | Assigned parking

3 beds

2 baths

$1,200

Apartment for rent

Top amenities
Ceiling Fan
Central Heat
In-Unit Laundry
On-Site Laundry
On-Site Management
1027 Columbia St - Photo 1 of 1

1d ago

Cheap Common Grounds house for rent in Waterloo

Affordable

3 beds

1 bath

$1,200

House for rent

626 W 6th St - Photo 1 of 1

1d ago

Cheap Church Row Historic house for rent in Waterloo

626 W 6th St, Waterloo, IA 50702

Affordable

3 beds

1 bath

$1,200

House for rent

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Updated: September 6, 2025

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Looking for cheap apartments in Waterloo, IA near you?

💸Lowest price$600
🔑Available apartment rentals59
💰Best rent deal253 Monroe St
✨Popular amenities, ,
🧦In-unit laundry
🍽With dishwasher
🏠With photos

For more in depth rent prices, check out our Waterloo, IA rent data, which covers average and median rents in Waterloo, IA.

To know how much rent you can afford in Waterloo, IA, use our rent affordability calculator.

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