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Cheap Apartments for Rent in Waterloo, IA

63 rentals available

1815 Lafayette St - Photo 1 of 1

4d ago

7.1

Very good

1815 Lafayette St

1815 Lafayette St, Waterloo, IA 50703

Affordable

1 bed

1 bath

$400

Apartment for rent

206 1/2 Allen St - Photo 1 of 1

5d+ ago

Cheap Church Row Historic apartment for rent in Waterloo

206 Allen Street - 2 206 1/2 Allen St

206 1/2 Allen St, Waterloo, IA 50701

Affordable

2 beds

1 bath

$600

Apartment for rent

Available Oct 1

302 Clay St - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

2BR/1.0BA

302 Clay St, Waterloo, IA 50703

Affordable | Assigned parking | Outdoor space

2 beds

1 bath

$600

Apartment for rent

303 Franklin St #2 - Photo 1 of 1

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

$625

Apartment for rent

441 Allen St #3 - Photo 1 of 1

1d ago

Cheap Church Row Historic apartment for rent in Waterloo

441 Allen St - 3

441 Allen St #3, Waterloo, IA 50701

Affordable | Hardwood floor | Central heat

2 beds

1 bath

$650

Apartment for rent

Available Aug 7

303 Franklin St #3 - Photo 1 of 1

2d ago

Cheap apartment for rent in Waterloo

2BR/1.0BA

303 Franklin St #3, Waterloo, IA 50703

Affordable

2 beds

1 bath

$650

Apartment for rent

Nearby rental good for eco-living

$725

137 Western Ave

Nearby rental good for pet owners

$700

221 Miriam Dr

1703 Lafayette St #1 - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

1703 Lafayette Street - 1

1703 Lafayette St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$650

House for rent

Available Jul 16

1515 1/2 Franklin St - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

2BR/1.0BA

1515 1/2 Franklin St, Waterloo, IA 50703

Affordable | Outdoor space

2 beds

1 bath

$675

Apartment for rent

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235 Madison St #1 - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

235 Madison Street - 1

235 Madison St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$675

Apartment for rent

Available Apr 1

518 Locust St #518 - Photo 1 of 1

1d ago

Cheap Church Row Historic apartment for rent in Waterloo

518 Locust St - 518

518 Locust St #518, Waterloo, IA 50702

Affordable | Hardwood floor | Air conditioning

2 beds

1 bath

$700

Apartment for rent

Available Aug 1

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Find sweet deals in Waterloo

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

$600

206 1/2 Allen St

$650

441 Allen St #3

$650

303 Franklin St #3

$650

1703 Lafayette St #1

221-231 Miriam - Photo 1 of 1

1d ago

8.3

Very good

221-231 Miriam

221 Miriam Dr, Waterloo, IA 50702

Affordable

2 beds

1 bath

$700

Apartment for rent

910 Mulberry St - Photo 1 of 1

1d ago

8.6

Very good

910 Mulberry St

910 Mulberry St, Waterloo, IA 50703

Affordable

2 beds

1 bath

$715

Apartment for rent

307 Riehl St #1 - Photo 1 of 1

5d+ ago

Cheap Common Grounds house for rent in Waterloo

307 Riehl Street - 1

307 Riehl St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$775

$725

Price drop

House for rent

Available May 8

137 Western Ave - Photo 1 of 1

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

137 Western Ave, Waterloo, IA 50701

Affordable

2 beds

1 bath

$775

$725

Price drop

House for rent

203 Sumner St - Photo 1 of 1

1d ago

Cheap house for rent in Waterloo

203 Sumner St - *

203 Sumner St, Waterloo, IA 50703

Affordable

2 beds

1 bath

$750

House for rent

Available Aug 17

Willow Run Heights - Photo 1 of 1

2d ago

8.6

Very good

Willow Run Heights

1115 Doreen Ave, Waterloo, IA 50701

Affordable | Dishwasher | Microwave

2 beds

1 bath

$750

Apartment for rent

219 Madison St #1 - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

219 Madison Street - 1

219 Madison St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$750

Apartment for rent

Available Jul 17

1254 W Mullan Ave - Photo 1 of 1

5d+ ago

Cheap Church Row Historic townhouse for rent in Waterloo

1254 W Mullan Ave, Waterloo, IA 50701

Affordable | On-site laundry | Oven

2 beds

1 bath

$750

House for rent

Top amenities
On-Site Laundry
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24 Van Buren St #1 - Photo 1 of 1

5d+ ago

Cheap Unity house for rent in Waterloo

24 Van Buren Street - 1

24 Van Buren St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$775

House for rent

Available Jul 10

269 Madison St #1 - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

269 Madison Street - 1

269 Madison St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$775

Apartment for rent

Available Apr 14

2214 Idaho St #1 - Photo 1 of 1

2d ago

Cheap Cityview house for rent in Waterloo

2214 Idaho Street - 1

2214 Idaho St #1, Waterloo, IA 50707

Affordable

2 beds

1 bath

$795

House for rent

Available Jul 24

Joan Drive - Photo 1 of 1

5d+ ago

8.3

Very good

Joan Drive

3609 Joan Dr, Waterloo, IA 50702

Affordable

2 beds

1 bath

$795

Apartment for rent

1653 Carriage Hill - Photo 1 of 1

5d+ ago

8.3

Very good

1653 Carriage Hill

1653 Carriage Hill Dr, Waterloo, IA 50701

Affordable

2 beds

1 bath

$795

Apartment for rent

216 Courtland St #1 - Photo 1 of 1

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

$795

Apartment for rent

Available Apr 14

2001 City View St - Photo 1 of 1

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

2d ago

8.3

Very good

3728 West 9th Street

3728 W 9th St, Waterloo, IA 50702

Affordable

2 beds

1 bath

$800

Apartment for rent

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Quail Valley - Photo 1 of 1

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
506 Fowler St #1 - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

506 Fowler Street - 1

506 Fowler St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$850

$800

Price drop

House for rent

Available Jun 19

1272 W Mullan Ave - Photo 1 of 1

5d+ ago

Cheap Church Row Historic townhouse for rent in Waterloo

1272 W Mullan Ave, Waterloo, IA 50701

Affordable | On-site laundry | Oven

2 beds

1 bath

$800

House for rent

Top amenities
On-Site Laundry
8th St Townhomes - Photo 1 of 1

5d+ ago

8.4

Very good

8th St Townhomes

W 8th St, Waterloo, IA 50702

Affordable

3 beds

1 bath

$850

Apartment for rent

1246 Columbia St - Photo 1 of 1

5d+ ago

Cheap Common Grounds house for rent in Waterloo

1246 Columbia St, Waterloo, IA 50703

Affordable

3 beds

1 bath

$850

House for rent

230 Polk St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

230 Polk St, Waterloo, IA 50703

Affordable | On-site laundry

3 beds

1 bath

$850

House for rent

Top amenities
On-Site Laundry
303 Logan Avenue MultiFamily - Photo 1 of 1

3d ago

8.5

Very good

303 Logan Avenue MultiFamily

303 Logan Ave, Waterloo, IA 50703

Affordable | Outdoor space

3 beds

1 bath

$875

Apartment for rent

416 E 8th St - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

416 E 8th St, Waterloo, IA 50703

Affordable

3 beds

1 bath

$875

Apartment for rent

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226 Randolph St #1 - Photo 1 of 1

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

226 Randolph Street - 1

226 Randolph St #1, Waterloo, IA 50701

Affordable | Hardwood floor | Air conditioning

4 beds

2 baths

$895

House for rent

Available Jun 1

Cedar Crest Apartments - Photo 1 of 1

1d ago

8.6

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

232 Center St #1 - Photo 1 of 1

5d+ ago

Cheap Common Grounds house for rent in Waterloo

232 Center Street - 1

232 Center St #1, Waterloo, IA 50703

Affordable

3 beds

1 bath

$925

House for rent

Available Jun 5

1107 Mulberry St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

1107 Mulberry St, Waterloo, IA 50703

Affordable | In-unit laundry | Storage

3 beds

1 bath

$925

House for rent

Top amenities
In-Unit Laundry
720 W 9th St - Photo 1 of 1

1d ago

Cheap house for rent in Waterloo

720 W 9th St - *

720 W 9th St, Waterloo, IA 50702

Affordable | Hardwood floor

3 beds

1 bath

$950

House for rent

Available May 22

517 Nicholas St - Photo 1 of 1

5d+ ago

Cheap Cityview house for rent in Waterloo

517 Nicholas St, Waterloo, IA 50707

Affordable

3 beds

1 bath

$950

House for rent

414 Randall St - Photo 1 of 1

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

414 Randall Street - *

414 Randall St, Waterloo, IA 50701

Affordable | On-site laundry | Central heat

3 beds

1 bath

$950

House for rent

Available Jun 1

Top amenities
On-Site Laundry
440 Dawson St #1 - Photo 1 of 1

1d ago

Cheap Common Grounds house for rent in Waterloo

440 Dawson Street - 1

440 Dawson St #1, Waterloo, IA 50703

Affordable | In-unit laundry | Dishwasher

3 beds

1 bath

$970

House for rent

Available Aug 1

Top amenities
In-Unit Laundry
Microwave
On-Site Laundry
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1125 N Barclay St #1 - Photo 1 of 1

5d+ ago

Cheap Roosevelt house for rent in Waterloo

1125 North Barclay Street - 1

1125 N Barclay St #1, Waterloo, IA 50703

Affordable

4 beds

1 bath

$975

House for rent

Available Jul 14

1125 Ackermant St #1 - Photo 1 of 1

5d+ ago

Cheap Common Grounds house for rent in Waterloo

1125 Ackermant Street - 1

1125 Ackermant St #1, Waterloo, IA 50703

Affordable

3 beds

2 baths

$999

House for rent

Available May 11

114 State St #1 - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

114 State Street - 1

114 State St #1, Waterloo, IA 50703

Affordable

3 beds

1 bath

$1,000

House for rent

Available Aug 1

119 Allen St #1 - Photo 1 of 1

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

119 Allen Street - 1

119 Allen St #1, Waterloo, IA 50701

Affordable

3 beds

2.5 baths

$1,000

House for rent

Available Jul 14

208 Lindale Ave - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

208 Lindale Ave - *

208 Lindale Ave, Waterloo, IA 50703

Affordable

3 beds

1.5 baths

$1,000

House for rent

Available Jul 10

Prairie View Acres MHP - Photo 1 of 1

3d ago

8

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
412 Sherman Ave #1 - Photo 1 of 1

5d+ ago

Cheap Gates Park house for rent in Waterloo

412 Sherman Avenue - 1

412 Sherman Ave #1, Waterloo, IA 50703

Affordable

3 beds

1 bath

$1,050

House for rent

Available Jul 24

1324 Stratford Ave - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

1324 Stratford Ave, Waterloo, IA 50701

Affordable | Air conditioning

3 beds

1 bath

$1,075

House for rent

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Updated: July 23, 2026

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2 bedrooms for rent in Waterloo, IA98 rentals

98 rentals

Utilities included apartments in Waterloo, IA26 rentals

26 rentals

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Looking for cheap apartments in Waterloo, IA near you?

💸Lowest price$400
🔑Available apartment rentals63
💰Best rent deal1815 Lafayette 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.

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