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Cheap Apartments for Rent in Downtown Waterloo, Waterloo, IA

25 rentals

727 W Park - Photo 1 of 1

5d+ ago

8.8

Very good

727 W Park

727 W Park Ave, Waterloo, IA 50701

Affordable

1 bed

1 bath

$595

Apartment for rent

608 Wellington St - Photo 1 of 1

4d ago

8.4

Very good

608 Wellington St

608 Wellington St, Waterloo, IA 50702

Affordable | On-site laundry | Controlled access

1 bed

1 bath

$600–$625

Apartment for rent

Top amenities
On-Site Laundry
1308 W 4th - Photo 1 of 1

5d+ ago

8.3

Very good

1308 W 4th

1308 W 4th St, Waterloo, IA 50702

Affordable

1 bed

1 bath

$600

Apartment for rent

130 Sherwood Ct - Photo 1 of 1

2d ago

8.6

Very good

130 Sherwood Ct

130 Sherwood Ct, Waterloo, IA 50701

Affordable | Outdoor space

1 bed

1 bath

$635

Apartment for rent

125 Sherwood Ct - Photo 1 of 1

2d ago

8.5

Very good

125 Sherwood Ct

125 Sherwood Ct, Waterloo, IA 50701

Affordable | On-site laundry

1 bed

1 bath

$635

Apartment for rent

Top amenities
On-Site Laundry
621 W 9th St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

621 W 9th St, Waterloo, IA 50702

Affordable

1 bed

1 bath

$650

House for rent

Nearby rental good for eco-living

Nearby rental good for pet owners

$635

Waterloo

209 Baltimore St. - Photo 1 of 1

2d ago

8.3

Very good

209 Baltimore St.

209 Baltimore St, Waterloo, IA 50701

Affordable

1 bed

1 bath

$650

Apartment for rent

709 W 3rd St - Photo 1 of 1

20h ago

8.8

Very good

709 W 3rd St

709 W 3rd St, Waterloo, IA 50701

Affordable | Air conditioning

1–2 beds

1 bath

$650–$725

Apartment for rent

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1838-1840 West 3rd - Photo 1 of 1

3d ago

8.3

Very good

1838-1840 West 3rd

1838 W 3rd St, Waterloo, IA 50701

Affordable

2 beds

1 bath

$700

Apartment for rent

505 Wellington St - Photo 1 of 1

4d ago

8.6

Very good

505 Wellington St

505 Wellington St, Waterloo, IA 50701

Affordable

2 beds

1 bath

$740

Apartment for rent

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$700

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$635

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1254 W Mullan Ave - Photo 1 of 1

2d 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

$775

House for rent

Top amenities
On-Site Laundry
1009 South St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

1009 South St, Waterloo, IA 50702

Affordable

2 beds

1 bath

$850

House for rent

Mullan Townhomes - Photo 1 of 1

5d+ ago

8.5

Very good

Mullan Townhomes

Mullan Townhomes, Waterloo, IA 50701

Affordable | On-site laundry | Storage

2 beds

1 bath

$850

Apartment for rent

Top amenities
On-Site Laundry
Storage
Le Chateau - Photo 1 of 1

5d+ ago

8.3

Very good

Le Chateau

733 733 - 747 Russell Road, Waterloo, IA 50701

Affordable | On-site laundry | Assigned parking

2 beds

1 bath

$850

Apartment for rent

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

3h ago

9.2

Excellent

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

$850

Apartment for rent

Available Feb 23

Top amenities
Controlled Access
406 Riehl St - Photo 1 of 1

5d+ ago

Cheap Common Grounds house for rent in Waterloo

406 Riehl St, Waterloo, IA 50703

Affordable | Garage parking | Outdoor space

2 beds

2 baths

$900

House for rent

Leavitt Park Apartments - Photo 1 of 1
3D tour

2d ago

9.6

Excellent

Our team has verified this company

Verified

Leavitt Park Apartments

1014 Leavitt St, Waterloo, IA 50702

Affordable | In-unit laundry | Assigned parking

2 beds

1 bath

$920

Apartment for rent

Top amenities
Fitness Center
In-Unit Laundry

Call

Leavitt Park Apartments - Photo 1 of 1
3D tour

2d ago

9.6

Excellent

Our team has verified this company

Verified

Leavitt Park Apartments

1008 Leavitt St, Waterloo, IA 50702

Affordable | In-unit laundry | Air conditioning

2 beds

1 bath

$920

Apartment for rent

Top amenities
In-Unit Laundry

Call

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1143 Forest Ave - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

1143 Forest Ave, Waterloo, IA 50702

Affordable | Hardwood floor

2 beds

1 bath

$975

House for rent

Eastgate MHC, LLC - Photo 1 of 1

3h ago

8.5

Very good

Eastgate MHC, LLC

701 Eastgate Dr, Waterloo, IA 50703

Affordable | In-unit laundry | Dishwasher

2–3 beds

2 baths

$990–$1,090

House for rent

Top amenities
Air Conditioning
In-Unit Laundry
On-Site Laundry
Storage
510 Baltimore St - Photo 1 of 1

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

510 Baltimore St, Waterloo, IA 50702

Affordable | Deck

3 beds

1 bath

$1,100

House for rent

Park Avenue Lofts The Temple - Photo 1 of 1

2d ago

9.6

Excellent

Our team has verified this company

Verified

Park Avenue Lofts The Temple

325 E Park Ave, Waterloo, IA 50703

Affordable | On-site laundry | Dishwasher

Studio

1 bath

$1,100

Apartment for rent

Top amenities
Dishwasher
Microwave
On-Site Laundry

Call

Art Bloc - Photo 1 of 1
Highly rated

2d ago

8.4

Very good

Our team has verified this company

Verified

Art Bloc

335 Cedar St, Waterloo, IA 50701

Affordable | In-unit laundry | Dishwasher

Studio–1 bed

1 bath

$1,100–$1,800

Apartment for rent

Top amenities
In-Unit Laundry

Call

Grand Crossing - Photo 1 of 1

20h ago

8.4

Very good

Our team has verified this company

Verified

Grand Crossing

45 W Jefferson St, Waterloo, IA 50701

Affordable | In-unit laundry | Assigned parking

1–2 beds

1–2 baths

$1,350–$1,750

Apartment for rent

Top amenities
Assigned Parking
In-Unit Laundry
Microwave
Residents Lounge

Call

The Lofts at Grand Crossing - Photo 1 of 1

3d ago

8.4

Very good

Our team has verified this company

Verified

The Lofts at Grand Crossing

21 W Jefferson St, Waterloo, IA 50701

Affordable | In-unit laundry | Dishwasher

1 bed

1 bath

$1,350–$1,800

Apartment for rent

Top amenities
Cable
Fitness Center
In-Unit Laundry
Oven
Residents Lounge

Call

Showing 1 - 25 of 25 results
Home > Apartments in Waterloo > Downtown Waterloo > Downtown Waterloo Cheap Apartments For Rent
Updated: March 9, 2026

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Looking for cheap apartments in Downtown Waterloo, Waterloo, IA near you?

💸Lowest price$595
🔑Available apartment rentals25
💰Best rent deal727 W Park Ave
✨Popular amenities, ,
🍽With dishwasher
🏠With photos

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

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

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