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Apartments for Rent in Downtown Waterloo, Waterloo, IA

Average rent

$1,187
decreased by18%

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432 James St - Photo 1 of 1

5d+ ago

Downtown Waterloo house for rent in Waterloo

432 James St, Waterloo, IA 50702

Garage parking | Outdoor space

1 bed

1 bath

$795

House for rent

Art Bloc - Photo 1 of 1
Highly rated

19h ago

8.4

Very good

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Art Bloc

335 Cedar St, Waterloo, IA 50701

In-unit laundry | Dishwasher | Outdoor space

Studio–1 bed

1 bath

$1,200–$1,400

Apartment for rent

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Grand Crossing - Photo 1 of 1

3d ago

8.4

Very good

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Grand Crossing

45 W Jefferson St, Waterloo, IA 50701

In-unit laundry | Assigned parking | Fitness center

1–2 beds

1 bath

$1,350–$1,700

Apartment for rent

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The Lofts at Grand Crossing - Photo 1 of 1

4d ago

8.4

Very good

Our team has verified this company

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The Lofts at Grand Crossing

21 W Jefferson St, Waterloo, IA 50701

In-unit laundry | Fitness center | Elevator

1 bed

1 bath

$1,350

Apartment for rent

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1147 Bertch Ave - Photo 1 of 1

4d ago

House for rent in Waterloo

2 beds

1 bath

$850

House for rent

Description

Don't miss out on this extra clean2 bedroom one bath duplex.

632 Sycamore St - Photo 1 of 1

5d+ ago

Apartment for rent in Waterloo

1BR/1.0BA

632 Sycamore St, Waterloo, IA 50703

1 bed

1 bath

$1,100

Apartment for rent

Find rentals with popular amenities

Dishwasher

In-Unit Laundry

Outdoor Space

Fitness Center

1112 W 4th St - Photo 1 of 1

5d+ ago

Church Row Historic house for rent in Waterloo

2 beds

1 bath

$850

House for rent

Description

HALF OFF FIRST MONTHS RENT SPECIAL Welcome to this charming 2-bedroom, 1-bathroom home in Waterloo, IA. This cozy house features new flooring throughout, as well as new appliances in the kitchen. The bedrooms are spacious and bright, perfect for relaxation after a long day. The entire house has been freshly painted, giving it a clean and modern feel. Located in a convenient area, this home is ideal for those looking for a comfortable and updated living space. Don't miss out on the opportunity to make this house your new home!

76 Mulberry St - Photo 1 of 1

21h ago

Franklin Gateway apartment for rent in Waterloo

76 Mulberry St

76 Mulberry St, Waterloo, IA 50703

1 bed

1 bath

$595

Apartment for rent

Description

This charming 1-bedroom, 1-bathroom apartment offers comfort and convenience at a price that won’t break the budget. Located within walking distance to downtown, you’ll have easy access to restaurants, shops, and local entertainment while still enjoying the relaxed feel of a smaller community. Inside, the apartment features a simple, functional layout that makes the most of the space. The living area and bedroom are inviting and easy to make your own, creating a cozy retreat after a busy day. With its affordable rent and unbeatable location, this apartment is a great fit

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505 Wellington St - Photo 1 of 1

2d ago

8.6

Very good

505 Wellington St

505 Wellington St, Waterloo, IA 50701

2 beds

1 bath

$850

Apartment for rent

Description

Showings starting as early as 9/24/2025! Discover the perfect blend of historic charm and modern comfort in this spacious 2-bedroom, 1-bath apartment featuring tall ceilings, large windows, and original details throughout. The home showcases preserved wood floors, vintage doors, and original tile in the common areas, creating a warm, character-rich atmosphere. A fully renovated bathroom offers modern style and convenience, while the kitchen comes equipped with a brand-new stove and refrigerator. Located in an up-and-coming building with exterior updates planned, this apart

628 Sycamore St - Photo 1 of 1

4d ago

8

Very good

628 Sycamore St

628 Sycamore St, Waterloo, IA 50703

2 beds

2 baths

$1,100

Apartment for rent

Description

spacious and modern 2 bedroom, 2 bathroom apartment located in the heart of downtown Waterloo. Close to shops, restaurants, and public transit. Ideal for students, professionals, or small families looking for comfortable city living.

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Nearby rental good for pet owners

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Nearby rental good for wellness

727 W Park - Photo 1 of 1

2d ago

8.8

Very good

727 W Park

727 W Park Ave, Waterloo, IA 50701

1 bed

1 bath

$680

Apartment for rent

Description

Welcome to 727 West Park in Waterloo, IA! This charming apartment offers 1 bedroom and 1 bathroom, perfect for those seeking a cozy living space. Enjoy the convenience of off-street parking, providing easy access to your home. Located in a prime location, residents can take advantage of nearby amenities and attractions. Don't miss out on the opportunity to make 727 West Park your new home sweet home. Tenants supply own window AC. Tenant pays all utilities. No smoking permitted inside property. Visit our website for this rental property and many more @ www mgtpm com

805 W 4th St - Photo 1 of 1

4d ago

8.3

Very good

805 W 4th St

805 W 4th St, Waterloo, IA 50702

2 beds

1 bath

$675

Apartment for rent

Description

Introducing our spacious 2 bedroom, 1 bathroom apartment located in the heart of Waterloo, IA. The large living room provides ample space for relaxation and entertainment, while the sunroom offers a bright and inviting atmosphere. Don't miss out on the opportunity to make this apartment your new home. Contact us today to schedule a tour!

Pleasant St - Photo 1 of 1

4d ago

8.3

Very good

Pleasant St

605 Pleasant St, Waterloo, IA 50702

1 bed

1 bath

$700

Apartment for rent

Description

This two-bedroom apartment is close to local amenities and has the perfect amount of space for comfortable living.

Park Avenue Lofts The Temple - Photo 1 of 1

17h ago

9.6

Excellent

Our team has verified this company

Verified

Park Avenue Lofts The Temple

325 E Park Ave, Waterloo, IA 50703

In-unit laundry | On-site laundry | Fitness center

Studio–1 bed

1–2 baths

$1,100–$1,300

Apartment for rent

Description

SNAPSHOT - Historic Preservation offers a unique design and layout you won't find anywhere else - 27 loft-style residential units, each one with its own design and character - On-site fitness center - Each unit features an open-concept layout with exposed masonry walls, bridge trusses, and concrete columns - Now offering a $0 deposit option BENEFITS – Garbage, lawn care, and snow removal included – Love pets? Your dog/cat is welcome! Read our Pet Policy. – Online payments accepted – Free online rental application SHOWINGS - Schedule an appointment and a Property Manager

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Leavitt Park Apartments - Photo 1 of 1
3D tour

1d ago

9.6

Excellent

Our team has verified this company

Verified

Leavitt Park Apartments

1014 Leavitt St, Waterloo, IA 50702

In-unit laundry | Assigned parking | Fitness center

2 beds

1 bath

$920

Apartment for rent

Description

Welcome to Leavitt Park Apartments in Waterloo, IA! Our 2-bedroom, 1-bathroom apartments offer a comfortable and convenient living space. Enjoy amenities such as off-street parking, a discounted FIT gym membership, and online rent payment and maintenance portals for easy living. The apartment features LVP flooring, a bathtub, shower, and walk-in closets for your convenience. With secured entry and surface parking, you can feel safe and secure in your new home. Leavitt Park Apartments is pet-friendly and offers flexible lease options, including a $0 deposit option. Take adv

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Leavitt Park Apartments - Photo 1 of 1
3D tour

21h ago

9.6

Excellent

Our team has verified this company

Verified

Leavitt Park Apartments

1008 Leavitt St, Waterloo, IA 50702

In-unit laundry | Air conditioning | Fitness center

2 beds

1 bath

$920

Apartment for rent

Description

Welcome to Leavitt Park Apartments in Waterloo, IA! Our 2-bedroom, 1-bathroom apartments offer a comfortable and convenient living space. Enjoy amenities such as off-street parking, a discounted FIT gym membership, and online rent payment and maintenance portals for easy living. The apartment features LVP flooring, a bathtub, shower, and walk-in closets for your convenience. With secured entry and surface parking, you can feel safe and secure in your new home. Leavitt Park Apartments is pet-friendly and offers flexible lease options, including a $0 deposit option. Take adv

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Find sweet deals near Downtown Waterloo

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

408 1/2 Locust St - Photo 1 of 1

2d ago

Church Row Historic apartment for rent in Waterloo

408 1/2 Locust St, Waterloo, IA 50701

In-unit laundry | Concierge service | Package service

1 bed

1 bath

$600

Apartment for rent

Available Sep 18

Description

This upper level two bedroom apartment is now available! Stove and refrigerator are provided. Move-In Costs: Deposit $600, Rent $600 Utilities Included: Lawn/Snow Section 8: Not Applicable Average Utility Bill: $95/month Pets: None allowed at this time Lawn/Snow: Landlord Responsibility Washer/Dryer: NA Schools: Irving Elementary, Central Middle School, West High School Office Phone #: 319-222-1515 Email: **** Website: https www epmiowa com All EPM Iowa residents are enrolled in the Resident Benefits Package (RBP) for $49.00/month which includes renters insurance, HVAC ai

Listings within 5 miles
424 Oaklawn Ave - Photo 1 of 1

4d ago

Church Row Historic townhouse for rent in Waterloo

House for rent

Description

Nestled in the charming Church Row Historic neighborhood of Waterloo, this recently updated townhouse offers a blend of historic character and modern comfort

1258 W Mullan Ave - Photo 1 of 1

3d ago

Church Row Historic townhouse for rent in Waterloo

House for rent

Description

This spacious 3 bedroom 1 bath is located in the heart of Waterloo with easy access to University Ave, Downtown Waterloo and Highway 63. This location has on and off street parking and recently updated laundry facility. The main floor has a full kitchen with a fridge and stove, a dining room that overlooks the large family room. Upstairs holds two bedrooms both with good sized closets, a hallway linen closet and a full bath. The basement holds an updated 3rd bedroom with carpet. Tenants are responsible for all utilities their own window AC. Section 8 Housing is accepted!

125 Sherwood Ct - Photo 1 of 1

2d ago

8.3

Very good

125 Sherwood Ct

125 Sherwood Ct, Waterloo, IA 50701

1 bed

1 bath

$675

Apartment for rent

Description

Welcome to 120 Sherwood, located in the heart of Waterloo, IA. This charming apartment offers a cozy one bedroom and one bathroom layout, perfect for those seeking a comfortable living space. Situated on the first floor, residents can enjoy the privacy that comes with this location. The apartment includes central air conditioning, on and off-street parking. This location has optional shared laundry! This property also has plans for future exterior renovations to come including windows, decking for the second floor, entry doors and siding!! Don’t miss out on this great oppo

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1308 W 4th - Photo 1 of 1

4d ago

8.3

Very good

1308 W 4th

1308 W 4th St, Waterloo, IA 50702

1 bed

1 bath

$575

Apartment for rent

Description

Check out this 1 bedroom apartment, cute and cozy and close to all the local amenities.

Le Chateau - Photo 1 of 1

4d ago

8.6

Very good

Le Chateau

733 733 - 747 Russell Road, Waterloo, IA 50701

On-site laundry | Dishwasher | Oven

1–2 beds

1 bath

$695–$900

Apartment for rent

Description

RENT SPECIAL- RENT $795.00 IF LEASE SIGNED BY 9/30/25!! Welcome to your new home in Waterloo, IA! This apartment offers a comfortable living space with two spacious bedrooms and 1.5 bathrooms. The shared coin laundry facility adds convenience to your busy lifestyle, eliminating the need for frequent trips to the laundromat. The location is a major plus, placing you in close proximity to a variety of local amenities. This apartment is perfect for those who value comfort, convenience, and a great location. Make this your new home and enjoy all it has to offer. -Monthly wat

118 Locust Street - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

118 Locust Street, Waterloo, IA 50701

Air conditioning | Central heat | Hardwood floor

2 beds

1 bath

$950

House for rent

Available Sep 1

Description

118 Locust Street - Available NOW Welcome to your new home! This spacious and updated 2-Bed 1-Bath townhome offers the perfect blend of comfort and affordability. Tenants enjoy an abundance of off-street parking onsite, and a fenced in back yard shaded by a large maple tree. Don't miss this chance to rent a townhome you know you'll love! Features: 2 Beds 1 Bath Central Heat & Air W/D Hookups Off-Street Parking

215 Miriam Drive - Photo 1 of 1

4d ago

9.5

Excellent

Our team has verified this company

Verified

215 Miriam Drive

215 Miriam Drive, Waterloo, IA 50702

Central heat | Hardwood floor | Controlled access

2 beds

1 bath

$775

Price drop

Apartment for rent

Available Sep 16

Description

215 Miriam Drive - D in Waterloo, IA Welcome to your new home! This spacious and updated 2-Bed 1-Bath apartment offers the perfect blend of comfort and affordability. With new appliances, flooring, paint, countertops, and more, this apartment offers value to any renter. Tenants will enjoy an abundance of off-street parking and an open courtyard in the back, away from busy roads. Don't miss this chance to rent an apartment you know you'll love! This apartment is in a nice neighborhood in Waterloo near Miller Park, and just 1/2 mile away from Kingsley Elementary. Pets are

604 Burton Ave - Photo 1 of 1

1d ago

Riverfront house for rent in Waterloo

604 Burton Ave, Waterloo, IA 50703

In-unit laundry | Outdoor space

3 beds

1 bath

$1,150

House for rent

Description

If you're looking for a nice, affordable home in Waterloo, this house is for you! 604 Burton Avenue is located in a nice neighborhood, right next to Riverfront park and the Waterloo Bucks baseball diamond. Tenants enjoy 3 paved off-street parking spaces, along with parking on the street. Tenants can also walk safely and easily to the park nearby! Pets may be permitted for an additional monthly fee of $50-100/month. Key Features: - New Furnace in 2018 - Central AC - W/D Included - Stainless Kitchen Appliances - Updated throughout Approval Criteria: - Income 3X the r

Showing 1 - 25 of 25 results
Home > Apartments in Waterloo > Downtown Waterloo Apartments For Rent
Updated: September 20, 2025

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Learn more about renting in Downtown Waterloo, Waterloo, IA

Downtown Waterloo, Waterloo apartment availability

Downtown Waterloo's rental market offers a good selection of listings, with an average of 29 rentals available each month. The majority of rentals are studios and 1-bedroom apartments, making it an ideal neighborhood for singles and couples. Many apartments in Downtown Waterloo offer convenient amenities, including in-unit laundry and dishwashers, which are available in over 90% of rentals. Additionally, over half of the apartments are pet-friendly, allowing small pets. This neighborhood's amenities and variety of rentals make it a great option for those looking for a convenient and comfortable living space.

Why Downtown Waterloo, Waterloo is a great place to live

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.

Methodology: How we got this data

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 2024 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.

Downtown Waterloo Apartments for rent FAQ

What is the average rent for 1 bedroom apartments for rent in Downtown Waterloo, IA?

The average rent for 1 bedroom apartments for rent in Downtown Waterloo is $1400 per month. There are 3 1 bedroom apartments for rent in Downtown Waterloo, IA.

What is the average rent for 2 bedroom apartments for rent in Downtown Waterloo, IA?

The average rent for 2 bedroom apartments for rent in Downtown Waterloo is $1324 per month. Currently, there is 1 2 bedroom apartment for rent in Downtown Waterloo, IA.

How expensive is it to rent an apartment in Downtown Waterloo, IA?

The average rent price in Downtown Waterloo, IA for a 2 bedroom apartment is $1324 per month. Downtown Waterloo average rent price is below the average national apartment rent price which is $1750 per month for a 2 bedroom apartment. Aside from rent price, the cost of living in Downtown Waterloo is also important to know. Cost of living includes but is not limited to: groceries, gas, utilities, water, and electric.

What is the average size of an apartment in Downtown Waterloo, IA?

The average size of a 1 bedroom apartment rental in Downtown Waterloo is 423 square feet. The average size of a 2 bedroom apartment rental in Downtown Waterloo is 1106 square feet.

Can I afford an apartment for rent in Downtown Waterloo, IA?

To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about Downtown Waterloo average rent prices.

What type of apartment rental is most common in Downtown Waterloo, Waterloo, IA?

1 bedroom apartments are the most common type of rentals in Downtown Waterloo, Waterloo, IA right now.

What type of apartment rental is least common in Downtown Waterloo, Waterloo, IA?

2 bedroom apartments are the least common type of rentals in Downtown Waterloo, Waterloo, IA right now.

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

🔑Available apartment rentals25
💰Best rent deal76 Mulberry St
Popular amenities, ,
🍽With dishwasher
🏠With photos