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Cheap Apartments for Rent in Downtown Waterloo, Waterloo, IA

25 rentals

216 Courtland St - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

216 Courtland St, Waterloo, IA 50703

Affordable | In-unit laundry | Air conditioning

2 beds

1 bath

$575

Apartment for rent

Available Nov 1

Top amenities
Air Conditioning
In-Unit Laundry
Package Service
821 W 8th - Photo 1 of 1

4d ago

8.3

Very good

821 W 8th

821 W 8th St, Waterloo, IA 50702

Affordable

1 bed

1 bath

$600

Apartment for rent

225 Miriam Dr #D - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

2BR/1.0BA

225 Miriam Dr #D, Waterloo, IA 50702

Affordable | Ceiling fan | Outdoor space

2 beds

1 bath

$650

Apartment for rent

805 W 4th St - Photo 1 of 1

5h ago

7.7

Very good

805 W 4th St

805 W 4th St, Waterloo, IA 50702

Affordable

2 beds

1 bath

$675

Apartment for rent

1838-1840 West 3rd - Photo 1 of 1

11h ago

8.3

Very good

1838-1840 West 3rd

1838 W 3rd St, Waterloo, IA 50701

Affordable

2 beds

1 bath

$725

Apartment for rent

Le Chateau - Photo 1 of 1

13h ago

8.3

Very good

Le Chateau

733 733 - 747 Russell Road, Waterloo, IA 50701

Affordable | On-site laundry | Dishwasher

1–2 beds

1 bath

$725–$795

Price drop

Apartment for rent

Top amenities
On-Site Laundry

Nearby rental good for eco-living

$600

Waterloo

Nearby rental good for pet owners

$725–$795

Waterloo

1230 W Mullan Ave - Photo 1 of 1

5d+ ago

Cheap Church Row Historic townhouse for rent in Waterloo

1230 W Mullan Ave, Waterloo, IA 50701

Affordable | On-site laundry | Oven

2 beds

1 bath

$775

House for rent

Top amenities
On-Site Laundry
1258 W Mullan Ave - Photo 1 of 1

5d+ ago

Cheap Church Row Historic townhouse for rent in Waterloo

1258 W Mullan Ave, Waterloo, IA 50701

Affordable

3 beds

1 bath

$775

House for rent

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1004 Randolph St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

1004 Randolph St, Waterloo, IA 50702

Affordable | On-site laundry | Hardwood floor

2 beds

1 bath

$850

House for rent

Top amenities
On-Site Laundry
505 Wellington St - Photo 1 of 1

5d+ ago

8.3

Very good

505 Wellington St

505 Wellington St, Waterloo, IA 50701

Affordable

2 beds

1 bath

$850

Apartment for rent

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Find sweet deals near Downtown Waterloo

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

$775

Church Row Historic

$725

Waterloo

$600

Waterloo

$675

Church Row Historic

Leavitt Park Apartments - Photo 1 of 1
3D tour

4d ago

9.6

Excellent

Our team has verified this company

Verified

Leavitt Park Apartments

1024 Leavitt St, Waterloo, IA 50702

Affordable | In-unit laundry | Assigned parking

2 beds

1 bath

$920

Apartment for rent

Top amenities
Assigned Parking
Fitness Center
In-Unit Laundry

Call

Leavitt Park Apartments - Photo 1 of 1
3D tour

3d 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

3d 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
Controlled Access
In-Unit Laundry

Call

71 Lafayette St - Photo 1 of 1

4d ago

Cheap Franklin Gateway house for rent in Waterloo

Affordable | In-unit laundry | Concierge service

4 beds

1 bath

$995

$925

Price drop

House for rent

Available Oct 9

Top amenities
Concierge Service
In-Unit Laundry
206 Baltimore St - Photo 1 of 1

5d+ ago

Cheap Church Row Historic house for rent in Waterloo

Affordable | In-unit laundry | Concierge service

3 beds

1 bath

$950

House for rent

Available Oct 3

Top amenities
In-Unit Laundry
Package Service
Eastgate MHC, LLC - Photo 1 of 1

17h 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
632 Sycamore St - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Waterloo

1BR/1.0BA

632 Sycamore St, Waterloo, IA 50703

Affordable

1 bed

1 bath

$1,100

Apartment for rent

628 Sycamore St - Photo 1 of 1

2h ago

8

Very good

628 Sycamore St

628 Sycamore St, Waterloo, IA 50703

Affordable

2 beds

2 baths

$1,100

Apartment for rent

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Park Avenue Lofts The Temple - Photo 1 of 1

3h ago

9

Excellent

Our team has verified this company

Verified

Park Avenue Lofts The Temple

325 E Park Ave, Waterloo, IA 50703

Affordable | In-unit laundry | Dishwasher

Studio

1 bath

$1,100–$1,150

Apartment for rent

Top amenities
Dishwasher
Fitness Center
In-Unit Laundry
On-Site Laundry
Oven

Call

Art Bloc - Photo 1 of 1
Highly rated

3d ago

9

Excellent

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

$1,200–$1,450

Apartment for rent

Top amenities
In-Unit Laundry

Call

1601 W 11th St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

1601 W 11th St, Waterloo, IA 50702

Affordable

3 beds

1 bath

$1,295

House for rent

1544 Patton Ave - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

Affordable | Assigned parking | Dishwasher

3 beds

1 bath

$1,300

House for rent

821 Cornwall Ave - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

Affordable | In-unit laundry | Garage parking

4 beds

2 baths

$1,300

House for rent

Available Nov 1

Top amenities
Concierge Service
Garage Parking
In-Unit Laundry
Grand Crossing - Photo 1 of 1

18h 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 bath

$1,350–$2,500

Apartment for rent

Top amenities
Assigned Parking
Fitness Center
In-Unit Laundry

Call

The Lofts at Grand Crossing - Photo 1 of 1

13h 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–$1,450

Apartment for rent

Top amenities
Dishwasher
Elevator
Fitness Center
In-Unit Laundry
Oven

Call

Showing 1 - 25 of 25 results
Home > Apartments in Waterloo > Downtown Waterloo > Downtown Waterloo Cheap Apartments For Rent
Updated: October 21, 2025

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

💸Lowest price$575
🔑Available apartment rentals25
💰Best rent deal216 Courtland St
✨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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