How much is the average rent in Waterloo, IA for 1-bedroom and 2-bedroom apartments?

Waterloo's 2025 rental market shows one-bedroom apartments averaging around $670 per month, while two-bedroom units average around $860 monthly. These figures represent increases of 1.9% and 2.1% respectively from the previous year.

When is the best time to look for an apartment in Waterloo, IA?

April offers the best timing for apartment hunting in Waterloo, with the lowest seasonal rents and higher inventory availability creating less competition. July sees the highest rent prices, approximately 7% higher than April, while March and April are the most competitive months despite better pricing.

What are the best neighborhoods to rent an apartment in Waterloo, IA?

Church Row Historic and Downtown Waterloo lead Waterloo's social scene with strong transit connectivity and high walk scores for daily errands. Unity generates the highest consumer interest at 1.6 times the market average, while Franklin Gateway and Park Haven offer similar walkability and community-focused amenities.

What areas of Waterloo, IA are best for budget-conscious renters?

Church Row Historic offers the most budget-friendly option with median rent around $650, representing 20% of Waterloo's rental market. Common Grounds provides another option with median rent around $860, still below the citywide average of around $870.

Are there pet-friendly apartments in Waterloo, IA?

Waterloo offers strong pet-friendly options with 41% of listings welcoming pets. Common Grounds, Riverfront, Unity, and Gates Park stand out as particularly pet-welcoming neighborhoods, featuring dedicated pet waste stations, spacious outdoor areas, and no breed restrictions with regular community pet events.

Are utilities usually included in rent in Waterloo, IA?

Utilities are rarely included in Waterloo rental properties, appearing in less than 1% of all listings. Studios have the highest rate at approximately 0.3% of units, while other bedroom types range from 0.09% to 0.15% of available apartments.

Luxury Apartments for Rent in Waterloo, IA

76 rentals

The Lofts at Grand Crossing - Photo 1 of 1

4d ago

8.4

Very good

Verified

The Lofts at Grand Crossing

21 W Jefferson St, Waterloo, IA 50701

Luxury | Balcony | Fitness center

1 bed

1 bath

$1,360–$1,460

Apartment for rent

Top amenities

Elevator

In-Unit Laundry

Microwave

Residents Lounge

Call

5d+ ago

Verified

432 Ardmore Street, Waterloo, IA 50701

Luxury | In-unit laundry | Air conditioning

3 beds

1.5 baths

$1,600

House for rent

Available Jun 2

Top amenities

Air Conditioning

Dishwasher

In-Unit Laundry

Storage

5d+ ago

Luxury apartment for rent in Waterloo

Luxury | Air conditioning | On-site laundry

1 bed

1 bath

$640

Apartment for rent

Available Jun 17

Top amenities

On-Site Laundry

227 Allen Street, Unit 225 #4 - Photo 1 of 1

17h ago

8.4

Very good

227 Allen Street, Unit 225 #4

227 Allen St #225-4, Waterloo, IA 50701

Luxury | Storage

1 bed

1 bath

$650

Condo for rent

Available Jun 7

Summerland Twinhomes | Waterloo | Near Lost Island Waterpark - Photo 1 of 1

3D tour

17h ago

7.3

Very good

Summerland Twinhomes | Waterloo | Near Lost Island Waterpark

105 Harvey Dr, Waterloo, IA 50701

Luxury | Walk-in closets | Fitness center

3 beds

3 baths

$1,900

House for rent

Top amenities

Air Conditioning

Central Heat

Dishwasher

Garage Parking

In-Unit Laundry

Microwave

1d ago

8.5

Very good

403 Locust Street

403 Locust Street, Waterloo, IA 50701

Luxury | On-site laundry

1 bed

1 bath

$535

Apartment for rent

Top amenities

On-Site Laundry

Nearby rental good for eco-living

$700

1133 Dixon Dr

Nearby rental good for pet owners

$1,625

2539 W 3rd St

1d ago

9.1

Excellent

828 W. 4th St

828 West 4th Street, Waterloo, IA 50702

Luxury

1 bed

1 bath

$650

Apartment for rent

1d ago

9.2

Excellent

1126 W 4th St

1126 W 4th St, Waterloo, IA 50702

Luxury

1 bed

1 bath

$625–$649

Apartment for rent

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128 Lafayette Street, Unit 3 - Photo 1 of 1

1d ago

8.3

Very good

128 Lafayette Street, Unit 3

128 Lafayette St #3, Waterloo, IA 50703

Luxury | Storage

1 bed

1 bath

$700

Condo for rent

Available Jun 7

2d ago

8.8

Very good

808-810 W 2nd St

808 W 2nd St, Waterloo, IA 50701

Luxury | In-unit laundry | Garage parking

1 bed

1 bath

$595

Apartment for rent

Top amenities

In-Unit Laundry

Find sweet deals in Waterloo

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

$650

902 Mulberry St

$625

120 Sherwood Ct

$1,100

302 Commercial St

3d ago

8.8

Very good

Western Apartments

425 Western Ave, Waterloo, IA 50701

Luxury | Central heat

1 bed

1 bath

$625

Apartment for rent

3d ago

Luxury house for rent in Waterloo

110 Montrose Road - 1

110 Montrose Rd #1, Waterloo, IA 50701

Luxury

3 beds

1.5 baths

$1,900

House for rent

Available Jun 15

3d ago

8.4

Very good

211 West Wellington

211 W Wellington St, Waterloo, IA 50701

Luxury

1 bed

1 bath

$600

Apartment for rent

3d ago

8.3

Very good

3713 W 9th

3713 W 9th St, Waterloo, IA 50702

Luxury

1 bed

1 bath

$725

Apartment for rent

3d ago

8.6

Very good

Belaire

3031 University Ave, Waterloo, IA 50701

Luxury

Studio

1 bath

$500

Apartment for rent

3d ago

8.8

Very good

Motel 6- East Side

2343 Logan Ave, Waterloo, IA 50703

Luxury | Swimming pool | Air conditioning

Studio

1 bath

$849–$1,250

Apartment for rent

Top amenities

On-Site Laundry

3d ago

8.8

Very good

Motel 6- LaPorte Rd

2141 Laporte Rd, Waterloo, IA 50702

Luxury | Air conditioning | Microwave

Studio

1 bath

$849–$1,049

Apartment for rent

4d ago

8.3

Very good

Brookside Apartments

1040 Patrick Ct, Waterloo, IA 50701

Luxury

1 bed

1 bath

$650

Apartment for rent

4d ago

8.7

Very good

Edgemont Park Apartments

3322 Tropic Ln, Waterloo, IA 50702

Luxury | Swimming pool | Garage parking

1–2 beds

1 bath

$915–$945

Apartment for rent

Top amenities

On-Site Laundry

3D tour

4d ago

8.3

Very good

Kent Circle

1106 Kent Cir, Waterloo, IA 50701

Luxury | On-site laundry | Oven

1 bed

1 bath

$760

Apartment for rent

Top amenities

On-Site Laundry

4d ago

8.8

Very good

1109 Sycamore

1109 Sycamore St, Waterloo, IA 50703

Luxury | Controlled access

1 bed

1 bath

$525

Apartment for rent

Income restricted

5d+ ago

9.4

Excellent

416 Sullivan Avenue

416 Sullivan Ave, Waterloo, IA 50701

Luxury | On-site laundry | On-site management

1 bed

1 bath

$600

Apartment for rent

Top amenities

On-Site Laundry

On-Site Management

5d+ ago

Luxury apartment for rent in Waterloo

2327 Falls Ave unit #4 - 1

2327 Falls Ave #1, Waterloo, IA 50701

Luxury

Studio

0 baths

$625

Apartment for rent

Available Jun 2

5d+ ago

9.2

Excellent

218 South St

218 South St, Waterloo, IA 50701

Luxury | Air conditioning | Hardwood floor

Studio–1 bed

1 bath

$545–$575

Apartment for rent

5d+ ago

8.9

Very good

715 South

715 South St, Waterloo, IA 50701

Luxury

1 bed

1 bath

$600

Apartment for rent

5d+ ago

Luxury house for rent in Waterloo

1139 Oregon St, Waterloo, IA 50702

Luxury | Deck | Dishwasher

3 beds

1 bath

$1,650

House for rent

3D tour

5d+ ago

8.3

Very good

Kingswood Place

3419 Kingswood Pl, Waterloo, IA 50701

Luxury | Dishwasher | Oven

1 bed

1 bath

$795

Apartment for rent

5d+ ago

Luxury house for rent in Waterloo

826 Williston Ave, Waterloo, IA 50702

Luxury

2 beds

1 bath

$1,100

House for rent

5d+ ago

Luxury Church Row Historic apartment for rent in Waterloo

326 Western Ave/1106 W 3rd St - 2

326 Western Ave #2, Waterloo, IA 50701

Luxury | Central heat

1 bed

1 bath

$550

Apartment for rent

Available May 29

5d+ ago

Luxury Church Row Historic apartment for rent in Waterloo

415 Bayard St #415, Waterloo, IA 50701

Luxury

1 bed

1 bath

$625

Apartment for rent

Available Jun 1

5d+ ago

Luxury condo for rent in Waterloo

$1,350 - Modern 2 Bedroom 2 Bathroom Unit - Fully Renovated

828 Wildwood Rd #828, Waterloo, IA 50702

Luxury | In-unit laundry | Air conditioning

2 beds

2 baths

$1,350

Condo for rent

Available Aug 1

Top amenities

Air Conditioning

Dishwasher

Garage Parking

In-Unit Laundry

5d+ ago

Luxury Common Grounds house for rent in Waterloo

1137 Columbia St, Waterloo, IA 50703

Luxury | Storage

1 bed

1 bath

$725

House for rent

5d+ ago

Luxury Franklin Gateway apartment for rent in Waterloo

1BR/1.0BA

408 Oak Ave #B, Waterloo, IA 50703

Luxury | Outdoor space

1 bed

1 bath

$675

Apartment for rent

5d+ ago

Luxury apartment for rent in Waterloo

1BR/1.0BA

903 Randolph St, Waterloo, IA 50702

Luxury | Air conditioning | Outdoor space

1 bed

1 bath

$650

Apartment for rent

5d+ ago

Luxury house for rent in Waterloo

Seneca Avenue 1715 - 1

Seneca Ave #1, Waterloo, IA 50701

Luxury

2 beds

1 bath

$1,300

House for rent

Available Jun 1

5d+ ago

Luxury house for rent in Waterloo

3852 Jay Ln, Waterloo, IA 50701

Luxury

3 beds

2.5 baths

$1,975

House for rent

5d+ ago

Luxury condo for rent in Waterloo

105 Bellaire Rd, Waterloo, IA 50701

Luxury | In-unit laundry | Garage parking

2 beds

2 baths

$1,100

Condo for rent

Top amenities

In-Unit Laundry

5d+ ago

Luxury Church Row Historic apartment for rent in Waterloo

102 1/2 South St #1, Waterloo, IA 50701

Luxury

1 bed

1 bath

$550

Apartment for rent

Available May 15

5d+ ago

Luxury house for rent in Waterloo

823 Grindstone Cir, Waterloo, IA 50702

Luxury

2 beds

2.5 baths

$1,750

House for rent

5d+ ago

Luxury Church Row Historic apartment for rent in Waterloo

$675 - 1 Bedroom 1 Bathroom Apartment In Waterloo Iowa

832 W 1st St #1-2, Waterloo, IA 50701

Luxury

1 bed

1 bath

$675

Apartment for rent

Available May 25

5d+ ago

Luxury apartment for rent in Waterloo

Luxury | Hardwood floor | Dishwasher

1 bed

1 bath

$750

Apartment for rent

Available May 19

5d+ ago

Luxury Church Row Historic apartment for rent in Waterloo

827 W 3rd St #4, Waterloo, IA 50701

Luxury

1 bed

1 bath

$650

Apartment for rent

Available May 15

5d+ ago

Luxury apartment for rent in Waterloo

0BR/1.0BA

3961 Logan Ave #8, Waterloo, IA 50703

Luxury

Studio

1 bath

$600

Apartment for rent

5d+ ago

Luxury apartment for rent in Waterloo

0BR/1.0BA

3961 Logan Ave #12, Waterloo, IA 50703

Luxury

Studio

1 bath

$600

Apartment for rent

5d+ ago

Luxury Church Row Historic apartment for rent in Waterloo

222-222 1/2 Locust St - 222

222 Locust St #222, Waterloo, IA 50701

Luxury | Balcony | Roof deck

1 bed

1 bath

$680

Apartment for rent

Available May 22

Top amenities

Microwave

Roof Deck

5d+ ago

Luxury apartment for rent in Waterloo

2310 Falls Ave unit #2 - 1

2310 Falls Ave #1, Waterloo, IA 50701

Luxury

Studio

0 baths

$800

Apartment for rent

Available Apr 22

5d+ ago

Luxury house for rent in Waterloo

2/1.5

620 Kirkwood Ave, Waterloo, IA 50701

Luxury | Walk-in closets | In-unit laundry

2 beds

1 bath

$1,500

House for rent

Top amenities

Carpet

Ceiling Fan

Central Heat

Garage Parking

In-Unit Laundry

Package Service

5d+ ago

Luxury Church Row Historic apartment for rent in Waterloo

532 Western Ave - *

532 Western Ave #1, Waterloo, IA 50702

Luxury

1 bed

1 bath

$675

Apartment for rent

Available Apr 17

5d+ ago

Luxury Franklin Gateway apartment for rent in Waterloo

1BR/1.0BA

43 1/2 Mulberry St, Waterloo, IA 50703

Luxury | Assigned parking | Outdoor space

1 bed

1 bath

$650

Apartment for rent

5d+ ago

Luxury apartment for rent in Waterloo

824 Sycamore St #9, Waterloo, IA 50703

Luxury | In-unit laundry | Controlled access

2 beds

2 baths

$1,250

Apartment for rent

Top amenities

Dishwasher

In-Unit Laundry

Showing 1 - 50 of 56 results

Home > Apartments in Waterloo > Waterloo Luxury Apartments For Rent

Updated: June 7, 2026

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