Bedroom count

Property type

Last updated on February 10, 2026

Average rent in
Waterloo, IA

Last updated on February 10, 2026

Last updated on February 10, 2026

Bedroom count

Property type

As of February 2026, the median rent for all bedroom counts and property types in Waterloo, IA is $825. This is -57%, or $1,075, lower than the national average.

$1.20

average price per square foot

Median rent

$825

decreased by3%
over the previous yearvs previous year

Total rentals

214

for rent on Zumper.com

As of February 2026, the median rent for all bedroom counts and property types in Waterloo, IA is $825. This is -57%, or $1,075, lower than the national average.

$1.20

average price per square foot

Rent ranges

36%
59%
5%
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 increased by 2% 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 $750. A 1-bedroom apartment in Waterloo, IA costs about $650 on average, while a 2-bedroom apartment is $795. Houses for rent in Waterloo, IA are more expensive, with an average monthly cost of $950.

Comparables

1 bedroom

$650

2%

3%

2 bedroom

$825

3%

1%

3 bedroom

$1,000

2%

57%

4 bedroom

$1,200

14%

12%

Studio

$600

4%

17%

Studio

Average rent

$600

Last 30 days

4%

Last year

17%

1 bedroom

Average rent

$650

Last 30 days

2%

Last year

3%

2 bedroom

Average rent

$825

Last 30 days

3%

Last year

1%

3 bedroom

Average rent

$1,000

Last 30 days

2%

Last year

57%

4 bedroom

Average rent

$1,200

Last 30 days

14%

Last year

12%

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$825
decreased by57%

lower than the national median

Median rent price$1,076
decreased by43%

lower than the national median

Takeaway

The median rent for all rentals in Waterloo, IA is 23% 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

$1,076

increased by1%

Last year

Cedar Falls

$1,200

decreased by7%

Last year

Cedar Rapids

$1,050

increased by5%

Last year

Coralville

$1,255

decreased by4%

Last year

Denver

$975

N/A

Last year

Iowa City

$1,300

increased by4%

Last year

Marion

$900

decreased by2%

Last year

Nevada

$880

decreased by21%

Last year

Newton

$985

increased by33%

Last year

North Liberty

$1,242

decreased by8%

Last year

Tiffin

$1,425

decreased by6%

Last year

Waverly

$1,145

decreased by17%

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

5d+ ago

8.8

Very good

Elevate Apartments at Hawkeye

6025 Donegal Cir, Waterloo, IA 50701

4 beds

2 baths

$450

Price drop

Apartment for rent

314 Randolph Street - Photo 1 of 1
Income restricted

2h 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

441 Allen St #4 - Photo 1 of 1

5d+ ago

Church Row Historic apartment for rent in Waterloo

441 Allen St - 4

441 Allen St #4, Waterloo, IA 50701

2 beds

1 bath

$625

Apartment for rent

Available Feb 7

261 Madison St #1 - Photo 1 of 1

5d+ ago

Apartment for rent in Waterloo

261 Madison Street - 1

261 Madison St #1, Waterloo, IA 50703

2 beds

1 bath

$625

Apartment for rent

Available Dec 23

309 Allen Street - Photo 1 of 1

18m ago

9.2

Excellent

309 Allen Street

309 Allen St, Waterloo, IA 50701

2 beds

1 bath

$630–$660

Apartment for rent

805 W 4th St - Photo 1 of 1

18m ago

8.3

Very good

805 W 4th St

805 W 4th St, Waterloo, IA 50702

2 beds

1 bath

$650

Apartment for rent