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The average rent in Downtown Waterloo, Waterloo, as of July 2026, is down 5.66% compared to last month and down 17.71% year-over-year.
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1d ago
1 bed
1 bath
$1,100
Apartment for rent
1d ago
Verified
21 W Jefferson St, Waterloo, IA 50701
In-unit laundry | Balcony | Fitness center
1 bed
1 bath
$1,360–$1,800
Apartment for rent
2d ago
Verified
45 W Jefferson St, Waterloo, IA 50701
In-unit laundry | Assigned parking | Fitness center
1–2 beds
1 bath
$1,360–$1,700
Apartment for rent
7h ago
Downtown Waterloo apartment for rent in Waterloo
3 beds
1 bath
$850
Apartment for rent
5d+ ago
2 beds
1 bath
$740
Apartment for rent
Dishwasher
Fitness Center
In-Unit Laundry
Outdoor Space
1d ago
2 beds
2 baths
$1,600
Apartment for rent
5d+ ago
1 bed
1 bath
$645
Apartment for rent
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1d ago
1 bed
1 bath
$675
Apartment for rent
2d ago
1 bed
1 bath
$725
Apartment for rent
1d ago
Verified
325 E Park Ave, Waterloo, IA 50703
In-unit laundry | On-site laundry | Fitness center
Studio
1 bath
$1,100–$1,150
Apartment for rent
1d ago
Verified
1014 Leavitt St, Waterloo, IA 50702
In-unit laundry | Air conditioning | Assigned parking
2 beds
1 bath
$920–$1,200
Apartment for rent
5d+ ago
Verified
1008 Leavitt St, Waterloo, IA 50702
In-unit laundry | Air conditioning | Walk-in closets
2 beds
1 bath
$920
Apartment for rent
5d+ ago
House for rent in Waterloo
2 beds
2 baths
$1,000
House for rent
5d+ ago
House for rent in Waterloo
2 beds
1 bath
$850
House for rent
Available Jun 19
5d+ ago
House for rent in Waterloo
2 beds
2 baths
$825
House for rent
Available Jun 19
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
Church Row Historic townhouse for rent in Waterloo
2 beds
1 bath
$825
House for rent
5d+ ago
Church Row Historic townhouse for rent in Waterloo
2 beds
1 bath
$775
House for rent
5d+ ago
Church Row Historic house for rent in Waterloo
2 beds
1 bath
$800
House for rent
5d+ ago
House for rent in Waterloo
3 beds
1 bath
$1,500
House for rent
1d ago
2 beds
1 bath
$725
Apartment for rent
2d ago
733 733 - 747 Russell Road, Waterloo, IA 50701
On-site laundry | Balcony | Assigned parking
2 beds
1 bath
$795–$895
Price drop
Apartment for rent
1d ago
House for rent in Waterloo
3 beds
2 baths
$1,100
House for rent
5d+ ago
Church Row Historic house for rent in Waterloo
4 beds
2 baths
$1,200
House for rent
Available Jul 10
5d+ ago
Common Grounds house for rent in Waterloo
3 beds
1 bath
$900
House for rent
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Downtown Waterloo, located in Waterloo, IA, features apartments that average around 581 sqft across all unit types. One-bedroom apartments typically offer about 533 sqft of living space, while two-bedroom units are larger at approximately 1,086 sqft.
Downtown Waterloo in Waterloo, IA sees one-bedroom apartments as the most common rental type, with about 11 listings available monthly. This represents over half of the neighborhood's rental inventory, which averages about 21 total listings per month.
Downtown Waterloo is a hub for social living, making it an ideal neighborhood for renters who value community and connection. According to 2024 data, the area's social scene is supported by its well-developed street infrastructure, variety of restaurants, and frequent transit options. Additionally, the neighborhood's age distribution and safety features contribute to its appeal for social enthusiasts. Whether you're looking to meet new people or stay connected with friends, Downtown Waterloo's vibrant atmosphere and convenient amenities make it an excellent choice.
Three-bedroom apartments have no current listings in Downtown Waterloo. Among available unit types, both two-bedroom apartments and studios each average about 5 listings per month, making them the least common rental options in the neighborhood.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2026 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
| 🔑Available apartment rentals | 25 |
|---|---|
| 💰Best rent deal | 727 South St |
| ✨Popular amenities | , , |
| 🍽With dishwasher | |
| 🏠With photos |