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Cheap Apartments for Rent in Downtown Waterloo, Waterloo, IA

25 rentals available

1003 Grant Ave - Photo 1 of 1

4d ago

8.3

Very good

1003 Grant Ave

1003 Grant Ave, Waterloo, IA 50702

Affordable | Storage

1 bed

1 bath

$600

Apartment for rent

130 Sherwood Ct - Photo 1 of 1

2d ago

8.3

Very good

130 Sherwood Ct

130 Sherwood Ct, Waterloo, IA 50701

Affordable

1 bed

1 bath

$625

Apartment for rent

727 South St - Photo 1 of 1

2d ago

8.4

Very good

727 South St

727 South St, Waterloo, IA 50701

Affordable

1 bed

1 bath

$645

Apartment for rent

709 W 3rd St - Photo 1 of 1

5d+ ago

8.6

Very good

709 W 3rd St

709 W 3rd St, Waterloo, IA 50701

Affordable

1 bed

1 bath

$685

Apartment for rent

Mullan Townhomes - Photo 1 of 1

5d+ ago

8.4

Very good

Mullan Townhomes

Mullan Townhomes, Waterloo, IA 50701

Affordable

2 beds

1 bath

$725

Apartment for rent

W 7th St - Photo 1 of 1

5d+ ago

8.3

Very good

W 7th St

1113 W 7th St, Waterloo, IA 50702

Affordable

1 bed

1 bath

$725

Apartment for rent

Nearby rental good for eco-living

$600

Waterloo

Nearby rental good for pet owners

$850

Waterloo

505 Wellington St - Photo 1 of 1

3d ago

8.6

Very good

505 Wellington St

505 Wellington St, Waterloo, IA 50701

Affordable | Controlled access

2 beds

1 bath

$740

Apartment for rent

439 Gladys St - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

439 Gladys St, Waterloo, IA 50702

Affordable

2 beds

1 bath

$750

Apartment for rent

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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

$775

House for rent

Top amenities
On-Site Laundry
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

$825

House for rent

Top amenities
On-Site Laundry
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Find sweet deals near Downtown Waterloo

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

$1,050

Waterloo

$900

Waterloo

$725

Waterloo

$625

Waterloo

Le Chateau - Photo 1 of 1

2d ago

8.5

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
Oven
506 Fowler St #1 - Photo 1 of 1

2d ago

Cheap house for rent in Waterloo

506 Fowler Street - 1

506 Fowler St #1, Waterloo, IA 50703

Affordable

2 beds

1 bath

$850

House for rent

Available Jun 19

Leavitt Park Apartments - Photo 1 of 1
3D tour

5d+ 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

$895

Apartment for rent

Top amenities
Assigned Parking
Fitness Center
In-Unit Laundry

Call

732 Denver St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

732 Denver St, Waterloo, IA 50702

Affordable | Outdoor space

3 beds

1 bath

$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–$1,200

Apartment for rent

Top amenities
Air Conditioning
Assigned Parking
Fitness Center
In-Unit Laundry
Microwave

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
Controlled Access
In-Unit Laundry

Call

111 French St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

111 French St, Waterloo, IA 50703

Affordable

3 beds

2 baths

$1,050

House for rent

Urban Lofts - Photo 1 of 1

5d+ ago

7.7

Very good

Urban Lofts

302 Commercial St, Waterloo, IA 50701

Affordable | In-unit laundry | Dishwasher

1 bed

1 bath

$1,100

Apartment for rent

Top amenities
In-Unit Laundry
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Park Avenue Lofts The Temple - Photo 1 of 1
Rent special

1d ago

9

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

4d 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

$1,110–$1,800

Apartment for rent

Top amenities
In-Unit Laundry

Call

Grand Crossing - Photo 1 of 1

7h 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

$1,360–$1,750

Apartment for rent

Top amenities
Assigned Parking
Fitness Center
In-Unit Laundry
Microwave
Residents Lounge

Call

The Lofts at Grand Crossing - Photo 1 of 1

5d+ 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

$1,360–$1,800

Apartment for rent

Top amenities
Cable
Elevator
Fitness Center
In-Unit Laundry
Oven

Call

1651 W 11th St - Photo 1 of 1

5d+ ago

Cheap house for rent in Waterloo

1651 W 11th St, Waterloo, IA 50702

Affordable | Garage parking | Outdoor space

3 beds

1 bath

$1,500

House for rent

E 3rd St - Photo 1 of 1

5d+ ago

6.9

Good

E 3rd St

301 E 3rd St, Waterloo, IA 50703

Affordable

2 beds

2 baths

$1,600

Apartment for rent

2113 W 8th St - Photo 1 of 1

5d+ ago

Cheap condo for rent in Waterloo

2113 W 8th St, Waterloo, IA 50702

Affordable

3 beds

2.5 baths

$1,975

Condo for rent

Showing 1 - 25 of 25 results
Home > Apartments in Waterloo > Downtown Waterloo > Downtown Waterloo Cheap Apartments For Rent
Updated: June 22, 2026

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2 bedrooms for rent in Waterloo, IA96 rentals

96 rentals

Utilities included apartments in Waterloo, IA20 rentals

20 rentals

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

💸Lowest price$600
🔑Available apartment rentals25
💰Best rent deal1003 Grant 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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