Average Rent in Gates Park, Waterloo, IA and Rent Price Trends

Rent trends in Gates Park, Waterloo, IA

Average rent prices in Gates Park have decreased by 8% over the last month and have decreased by 5% since last year.

Rent trends

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

Compare rent prices in
Gates Park, Waterloo, IA

Rent prices in Gates Park vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Gates Park is $795, whereas a house costs $937. 1-bedroom apartments in Gates Park run $650 on average, while 2-bedroom apartments are $750.


Studio	$1,210	-	-
1 bedroom	$700	No Change	39%
2 bedroom	$850	9%	-
3 bedroom	$950	2%	7%
4 bedroom	$1,200	6%	2%

		Listings
Common Grounds	$950
Downtown Waterloo	$1,110
Franklin Gateway	$862
Maples	$850
Riverfront	$850
Roosevelt	$875


Apartments	$795	No Change	No Change
Condos	$675	-	-
Houses	$937	7%	No Change

Studio

Average rent

$1,210

1 bedroom

Average rent

$700

Last year

39%

2 bedroom

Average rent

$850

Last 30 days

3 bedroom

Average rent

$950

Last 30 days

Last year

4 bedroom

Average rent

$1,200

Last 30 days

Last year

The table above reflects average rent prices in Gates Park, 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.

How does rent in Gates Park, Waterloo, IA compare to other neighborhoods?

Compare median rent prices in Gates Park and Common Grounds by all bedroom counts and property types.

Gates Park

Median rent price$925

52%

lower than the national median

Median rent price$950

51%

lower than the national median

Takeaway

The median rent for all rentals in Gates Park, Waterloo, IA is 3% lower than the median rent in Common Grounds, Waterloo, IA.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$950

$1,110

$862

$850

$850

$875

Discover rentals in Gates Park, Waterloo, IA

5d+ ago

Gates Park house for rent in Waterloo

412 Sherman Avenue - 1

412 Sherman Ave #1, Waterloo, IA 50703

3 beds

1 bath

$1,050

House for rent

Available Jul 24

18h ago

Gates Park house for rent in Waterloo

1812 Logan Ave - 1

1812 Logan Ave #1, Waterloo, IA 50703

4 beds

1 bath

$1,100

House for rent

Available Aug 1

20h ago

Gates Park house for rent in Waterloo

1812 Logan Ave, Waterloo, IA 50703

4 beds

1 bath

$1,100

House for rent

Available Aug 1

5d+ ago

Gates Park house for rent in Waterloo

137 Hope Ave, Waterloo, IA 50703

5 beds

1.5 baths

$1,525

House for rent

Stay up to date with rental market insights

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Frequently asked questions for Gates Park, Waterloo, IA

Quick answers to common questions about the Gates Park rental market.

How much is rent in Gates Park?

The average rent in Gates Park is $925 per month as of July 18, 2026.

Is rent up or down in Gates Park?

Average rent prices in Gates Park have decreased by 8% over the last month and have decreased by 5% since last year.

How does Gates Park rent compare to the national average?

Rent in Gates Park is 52% below the national average, which means renters are paying approximately $1,020 less per month.

What salary do I need to afford rent in Gates Park?

To comfortably afford rent in Gates Park, you'd need to earn approximately $37,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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