Bedroom count

Property type

Last updated on March 27, 2026

Average rent in
Waterloo, IA

Last updated on March 27, 2026

Last updated on March 27, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in Waterloo, IA is $850. This is -55%, or $1,060, lower than the national average.

$1.17

average price per square foot

Median rent

$850

decreased by3%
over the previous yearvs previous year

Total rentals

199

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in Waterloo, IA is $850. This is -55%, or $1,060, lower than the national average.

$1.17

average price per square foot

Rent ranges

35%
58%
8%
0%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000

Households

60%
40%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Waterloo, IA

Rent price trends

Rent prices for all bedroom counts and property types in Waterloo, IA have remained the same in the last month and have decreased by 3% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Waterloo, IA

The monthly rent for an apartment in Waterloo, IA is $760. A 1-bedroom apartment in Waterloo, IA costs about $650 on average, while a 2-bedroom apartment is $800. Houses for rent in Waterloo, IA are more expensive, with an average monthly cost of $950.

Comparables

1 bedroom

$650

5%

No Change

2 bedroom

$825

3%

3%

3 bedroom

$1,090

8%

51%

4 bedroom

$1,300

4%

1%

Studio

$600

2%

26%

Studio

Average rent

$600

Last 30 days

2%

Last year

26%

1 bedroom

Average rent

$650

Last 30 days

5%

Last year

No Change

2 bedroom

Average rent

$825

Last 30 days

3%

Last year

3%

3 bedroom

Average rent

$1,090

Last 30 days

8%

Last year

51%

4 bedroom

Average rent

$1,300

Last 30 days

4%

Last year

1%

The table above reflects average rent prices in Waterloo, IA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Waterloo, IA to other cities

Median rent prices in Waterloo, IA for all bedroom counts and property types compared to Altoona, IA.

Waterloo

Median rent price$850
decreased by55%

lower than the national median

Median rent price$1,245
decreased by35%

lower than the national median

Takeaway

The median rent for all rentals in Waterloo, IA is 32% lower than the median rent in Altoona, IA.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Altoona

$1,245

decreased by17%

Last year

Cedar Falls

$1,220

increased by1%

Last year

Cedar Rapids

$1,095

increased by7%

Last year

Coralville

$1,285

increased by2%

Last year

Denver

$1,150

N/A

Last year

Iowa City

$1,325

increased by7%

Last year

Marion

$887

decreased by5%

Last year

Nevada

$895

decreased by5%

Last year

Newton

$985

increased by15%

Last year

North Liberty

$1,550

increased by12%

Last year

Tiffin

$1,450

increased by2%

Last year

Waverly

$1,250

increased by1%

Last year

Cost of living in
Waterloo, IA

The overall cost of living in Waterloo, IA is 14% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.

Expenses

accrued by most renters

Average cost

compared to national average

Goods & Services

13% lower

Groceries

4% lower

Health

5% lower

Housing

22% lower

Transportation

9% lower

Utilities

19% lower

Apartments for rent in Cedar Falls

Discover rentals in Waterloo, IA

2310 Falls Ave #1 - Photo 1 of 1

5d+ ago

Apartment for rent in Waterloo

2310 Falls Ave unit #5 - 1

2310 Falls Ave #1, Waterloo, IA 50701

Studio

0 baths

$275

Apartment for rent

Available Dec 19

Elevate Apartments at Hawkeye - Photo 1 of 1
Student housing
3D tour

2d ago

9.9

Excellent

Our team has verified this company

Verified

Elevate Apartments at Hawkeye

6025 Donegal Cir, Waterloo, IA 50701

4 beds

2 baths

$450

Apartment for rent

Call

118 1/2 Harrison St #1 - Photo 1 of 1

2d ago

Common Grounds apartment for rent in Waterloo

118 1/2 Harrison Street - 1

118 1/2 Harrison St #1, Waterloo, IA 50703

2 beds

1 bath

$600

$550

Price drop

Apartment for rent

Available Feb 17

1424 1/2 Grant Ave #1 - Photo 1 of 1

5d+ ago

Apartment for rent in Waterloo

1424 1/2 Grant Avenue - 1

1424 1/2 Grant Ave #1, Waterloo, IA 50702

2 beds

1 bath

$595

Apartment for rent

Available Feb 11

314 Randolph Street - Photo 1 of 1
Income restricted

2d ago

8.8

Very good

314 Randolph Street

314 Randolph St, Waterloo, IA 50701

1–3 beds

1–2 baths

$600–$900

Apartment for rent

419 Ankeny St - Photo 1 of 1

5d+ ago

House for rent in Waterloo

House for rent

303 Franklin St #3 - Photo 1 of 1

5d+ ago

Apartment for rent in Waterloo

2BR/1.0BA

303 Franklin St #3, Waterloo, IA 50703

2 beds

1 bath

$650

Apartment for rent

303 Franklin St #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Waterloo

2BR/1.0BA

303 Franklin St #2, Waterloo, IA 50703

2 beds

1 bath

$650

Apartment for rent