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Apartments for Rent in Downtown Waterloo, Waterloo, IA

Average rent

$1,100
decreased by19%

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Eco-living

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Grand Crossing - Photo 1 of 1

21h ago

8.4

Very good

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Verified

Grand Crossing

45 W Jefferson St, Waterloo, IA 50701

In-unit laundry | Assigned parking | Fitness center

1–2 beds

1–2 baths

$1,350–$1,750

Apartment for rent

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Art Bloc - Photo 1 of 1
Highly rated

2d ago

8.4

Very good

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Verified

Art Bloc

335 Cedar St, Waterloo, IA 50701

In-unit laundry | Dishwasher | Outdoor space

Studio–1 bed

1 bath

$1,100–$1,800

Apartment for rent

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The Lofts at Grand Crossing - Photo 1 of 1

3d ago

8.4

Very good

Our team has verified this company

Verified

The Lofts at Grand Crossing

21 W Jefferson St, Waterloo, IA 50701

In-unit laundry | Balcony | Fitness center

1 bed

1 bath

$1,350–$1,800

Apartment for rent

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217 W 4th St #201 - Photo 1 of 1

5d+ ago

Downtown Waterloo house for rent in Waterloo

House for rent

Available Feb 17

223 W 4th St - Photo 1 of 1

5d+ ago

Downtown Waterloo apartment for rent in Waterloo

223 W 4th St, Waterloo, IA 50701

Balcony | Hardwood floor | Dishwasher

2 beds

1 bath

$1,250

Apartment for rent

Available Feb 17

1254 W Mullan Ave - Photo 1 of 1

2d ago

Church Row Historic townhouse for rent in Waterloo

2 beds

1 bath

$775

House for rent

Description

Welcome to this spacious 2-bedroom townhouse located in the heart of Waterloo with easy access to University Ave, Downtown Waterloo and Highway 63. This property boasts a large living room, perfect for entertaining or simply relaxing after a long day. The townhouse features two well-sized bedrooms and a full bathroom, offering ample space for your comfort and convenience. For your peace of mind, the property is equipped with 24-hour security cameras, ensuring a secure living environment. Additionally, the shared onsite laundry facilities add to the convenience of this town

Find rentals with popular amenities

Fitness Center

In-Unit Laundry

Outdoor Space

Dishwasher

1009 South St - Photo 1 of 1

5d+ ago

House for rent in Waterloo

House for rent

Description

Welcome to your new home! This recently updated 2 bedroom 1 bathroom home features bright open living spaces, in unit washer dryer, front and back yard for hosting! Located minutes from downtown Waterloo, local shopping, public transit, and public schools. Don’t miss this opportunity! Schedule a showing now !

621 W 9th St - Photo 1 of 1

5d+ ago

House for rent in Waterloo

House for rent

Description

Welcome to this charming 1 bedroom, 1 bathroom house located in the convenient Waterloo, IA area. This cozy home features a spacious kitchen perfect for cooking and entertaining. With a comfortable bedroom and a well-maintained bathroom, this house is ideal for those looking for a simple yet comfortable living space. Enjoy the convenience of living in a great location with easy access to nearby amenities. Don't miss out on this opportunity to make this lovely house your new home!

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406 Riehl St - Photo 1 of 1

5d+ ago

Common Grounds house for rent in Waterloo

406 Riehl St, Waterloo, IA 50703

Garage parking | Outdoor space

2 beds

2 baths

$900

House for rent

Description

Welcome to this charming 2 bedroom, 2 bathroom home in Waterloo, IA. This cozy house features a deck off of the detached 2 stall garage, perfect for enjoying the outdoors. The spacious yard provides plenty of room for outdoor activities and gardening. Inside, you'll find a large kitchen with ample counter space and storage. The wood character throughout the home adds a warm and inviting touch. Don't miss out on the opportunity to make this lovely house your new home. Contact us today to schedule a tour!

1143 Forest Ave - Photo 1 of 1

5d+ ago

House for rent in Waterloo

2 beds

1 bath

$975

House for rent

Description

Introducing a charming 2 bedroom, 1 bathroom house located in the heart of Waterloo, IA. This two-story home boasts spacious living areas with beautiful hardwood floors throughout. The open layout provides a warm and inviting atmosphere, perfect for relaxing or entertaining guests. With a convenient location and cozy interior, this house is the ideal place to call home.

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Nearby rental good for eco-living

Nearby rental good for wfh

510 Baltimore St - Photo 1 of 1

5d+ ago

Church Row Historic house for rent in Waterloo

House for rent

Description

Welcome to this charming 3 bedroom, 1 bathroom house located in Waterloo, IA. This cozy home features a spacious deck, perfect for enjoying the outdoors and entertaining guests. With three bedrooms, there is plenty of space for relaxation and privacy. Possible 4th bedroom in the basement. Don't miss out on the opportunity to make this house your new home!

Mullan Townhomes - Photo 1 of 1

5d+ ago

8.5

Very good

Mullan Townhomes

Mullan Townhomes, Waterloo, IA 50701

Air conditioning | On-site laundry | Storage

2 beds

1 bath

$850

Apartment for rent

Description

Welcome to Mullan Townhomes! This two-bedroom, one-bathroom townhome offers a unique blend of comfort and convenience. The property is pet-friendly, allowing you to enjoy the company of your furry friends. The townhome features a large master bedroom, tall ceilings, and a spacious dining room that looks over the family room, perfect for hosting gatherings! This space is full of natural lighting! The front and back entry provide easy access to the property also includes both on and off-street parking options, ensuring ample space for your vehicles. For your storage needs, t

209 Baltimore St. - Photo 1 of 1

2d ago

8.3

Very good

209 Baltimore St.

209 Baltimore St, Waterloo, IA 50701

1 bed

1 bath

$650

Apartment for rent

Description

Discover the perfect blend of comfort and convenience in this charming 1-bedroom, 1-bath apartment. Offering a bright and inviting living space, this unit features a functional layout, a well-appointed kitchen, and a cozy bedroom designed for relaxation. Enjoy the ease of low maintenance living while being just minutes from local shopping, dining, and essential services. Ideal for anyone seeking a comfortable home in a great location, this apartment delivers both value and everyday convenience. Properly documented service animals are welcome. Contact MGT Property Managem

1838-1840 West 3rd - Photo 1 of 1

3d ago

8.3

Very good

1838-1840 West 3rd

1838 W 3rd St, Waterloo, IA 50701

2 beds

1 bath

$700

Apartment for rent

Description

1/2 OFF FIRST MONTHS RENT SPECIAL-. This 2bd 1ba apartment for rent is a part of a 4-PLEX. The apartment is located on the lower level, providing easy access and convenience. Inside, you'll find a spacious layout with two bedrooms and a full bathroom, perfect for comfortable living. The highlight of this apartment is the kitchen, which features a stylish and functional island, perfect for meal prep or casual dining. This apartment combines practicality and style, making it a great place to call home. Come and experience the comfort and convenience of this 2bd 1ba apartment

505 Wellington St - Photo 1 of 1

4d ago

8.6

Very good

505 Wellington St

505 Wellington St, Waterloo, IA 50701

2 beds

1 bath

$740

Apartment for rent

Description

Welcome home to 505 Wellington St, a beautifully maintained second-floor apartment located in the heart of Waterloo, IA. This spacious two-bedroom, one-bathroom residence blends classic character with everyday comfort. Large windows fill the home with natural light, highlighting the building’s historic charm and creating a bright, inviting atmosphere throughout. The thoughtful layout offers plenty of room to relax, unwind, and feel right at home. Enjoy a quiet, peaceful setting while staying just minutes from local shops, dining, and entertainment. No matter the season,

130 Sherwood Ct - Photo 1 of 1

2d ago

8.6

Very good

130 Sherwood Ct

130 Sherwood Ct, Waterloo, IA 50701

Outdoor space

1 bed

1 bath

$635

Apartment for rent

Description

Welcome to your new home in Waterloo, IA! This refreshed 1-bedroom apartment blends comfort, convenience, and privacy — all within minutes of downtown. This 2nd floor unit features a private entrance and is hidden from street view, giving you a quiet and tucked-away living space while keeping you close to local restaurants, shopping, and entertainment. Apartment Highlights: -Open-concept kitchen and living room for a modern and spacious feel. -Newer LVP throughout and freshly painted walls. -Good sized bathroom with great cabinet space -Off-street parking for easy and rel

Find sweet deals near Downtown Waterloo

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

608 Wellington St - Photo 1 of 1

4d ago

8.4

Very good

608 Wellington St

608 Wellington St, Waterloo, IA 50702

On-site laundry | Controlled access

1 bed

1 bath

$600–$625

Apartment for rent

Description

Welcome home to this charming 1-bedroom, 1-bathroom apartment located at 606 Wellington Ave. This inviting unit features a bright sunroom, perfect for relaxing, working from home, or enjoying natural light year-round. The apartment offers a comfortable layout with a spacious living area, a well-sized bedroom, and a functional kitchen with ample cabinet space. The sunroom adds extra living space and versatility that sets this unit apart. The building features secured access for added peace of mind and onsite laundry, making day-to-day living convenient and hassle-free. Co

709 W 3rd St - Photo 1 of 1

21h ago

8.8

Very good

709 W 3rd St

709 W 3rd St, Waterloo, IA 50701

Air conditioning

1–2 beds

1 bath

$650–$725

Apartment for rent

Description

This 2nd floor apartment offers two spacious bedrooms and a full bathroom. The apartment is equipped with baseboard heating, ensuring a cozy atmosphere during the colder months. Tenants have the flexibility to supply their own window AC units for personalized comfort during the warmer seasons. The property boasts a newly laid blacktop parking lot, providing ample space for your vehicles. The exterior of the property is scheduled for upcoming renovations, promising to enhance the overall aesthetic and appeal of your living environment. This 2-bedroom apartment is perfect fo

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727 W Park - Photo 1 of 1

5d+ ago

8.8

Very good

727 W Park

727 W Park Ave, Waterloo, IA 50701

1 bed

1 bath

$595

Apartment for rent

Description

Welcome to 727 W Park! Upon entering the secured building, you will find that this apartment is the first unit - providing easy access in and out of your apartment. Upon entering you will be taken back by the high ceilings, ample natural lighting and cozy open layout. To your right you will see the kitchen with plenty of counter and cabinet space for all our cooking needs. The owner has provided a new electric stove and refrigerator! Looking out of the kitchen is the living room which leads into the bedroom on your left or down the hallway to your right, the full bath. Thi

125 Sherwood Ct - Photo 1 of 1

2d ago

8.5

Very good

125 Sherwood Ct

125 Sherwood Ct, Waterloo, IA 50701

On-site laundry

1 bed

1 bath

$635

Apartment for rent

Description

This freshly updated 1 bedroom, 1 bathroom second-story apartment offers a comfortable layout in a quiet setting. The unit features fresh paint and durable LVP flooring throughout, giving the space a clean and modern feel. Enjoy your own front balcony, perfect for getting some fresh air or relaxing outdoors. The property also offers a large parking lot for off-street parking and on-site laundry for added convenience. Located in a quiet area with easy access to main roads, shopping, and everyday essentials, this apartment is a great option for those looking for a simple,

1308 W 4th - Photo 1 of 1

5d+ ago

8.3

Very good

1308 W 4th

1308 W 4th St, Waterloo, IA 50702

1 bed

1 bath

$600

Apartment for rent

Description

Welcome to this well-kept 1 bedroom, 1 bathroom second-floor apartment located at 1308 W 4th St, Unit 4 in Waterloo, Iowa. This unit offers a comfortable layout with a spacious living area, a functional kitchen, and a generously sized bedroom with ample closet space. The bathroom is clean and well maintained. The second-floor location provides added privacy and natural light. Conveniently located near shopping, dining, public transportation, and major roadways, this unit is ideal for anyone looking for a quiet, affordable place to call home. Key Features: 1 bedroom, 1 b

Le Chateau - Photo 1 of 1

5d+ ago

8.3

Very good

Le Chateau

733 733 - 747 Russell Road, Waterloo, IA 50701

On-site laundry | Assigned parking | Dishwasher

2 beds

1 bath

$850

Apartment for rent

Description

Available two bed, one and a half bath apartment is located in the heart of Waterloo just minutes away from shopping and restaurants. As you enter the apartment you will be welcomed by a good-sized living room that opens up to the dining room and kitchen. As you proceed into the hallway you will find a medium-sized bedroom, full bath and a master bedroom that also holds a small 1/2 bath. This property also features coin laundry on the main floor. This is a non-smoking property. Please or animals. Garage space is available for an additional monthly fee. Contact Caliber Gr

Eastgate MHC, LLC - Photo 1 of 1

4h ago

8.5

Very good

Eastgate MHC, LLC

701 Eastgate Dr, Waterloo, IA 50703

In-unit laundry | Air conditioning | On-site laundry

2–3 beds

2 baths

$990–$1,090

House for rent

Park Avenue Lofts The Temple - Photo 1 of 1

2d ago

9.6

Excellent

Our team has verified this company

Verified

Park Avenue Lofts The Temple

325 E Park Ave, Waterloo, IA 50703

On-site laundry | Fitness center | Dishwasher

Studio

1 bath

$1,100

Apartment for rent

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

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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Showing 1 - 25 of 25 results
Home > Apartments in Waterloo > Downtown Waterloo Apartments For Rent
Updated: March 9, 2026

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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 size of an apartment in Downtown Waterloo, IA?

The average size of a 1 bedroom apartment rental in Downtown Waterloo is 977 square feet. The average size of a 2 bedroom apartment rental in Downtown Waterloo is 1466 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 deal727 W Park Ave
Popular amenities, ,
🍽With dishwasher
🏠With photos