Bedroom count
Property type
Last updated on June 7, 2026
Average rent in
Waterloo, IL
Average rent in
Last updated on June 7, 2026
Bedroom count
Property type
Median rent
Median rent in Waterloo
$1,375/mo
62%vs previous year
The average rent in Waterloo is $1,375 per month as of June 2026. This is 29% below the national average rent, or $575 less per month.
average price per square foot
Total rentals
Available rentals in Waterloo
14
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Waterloo rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Waterloo, IL, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Waterloo, IL
Average rent prices in Waterloo have decreased by 3% over the last month and have increased by 62% 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
Waterloo, IL
Rent prices in Waterloo vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Waterloo is $825, whereas a house costs $1,500. 1-bedroom apartments in Waterloo run $800 on average, while 2-bedroom apartments are $825.
Listings | ||||
|---|---|---|---|---|
1 bedroom | $795 | No Change | - | |
2 bedroom | $885 |  1% | 24% | |
3 bedroom | $1,500 | 1% | 22% | |
4 bedroom | $1,650 | 4% | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Waterloo, IL.
Listings | ||||
|---|---|---|---|---|
Apartments | $825 | 37% | No Change | |
Condos | $1,322 | No Change | No Change | |
Houses | $1,500 | 17% | No Change |
1 bedroom
Average rent
$795
2 bedroom
Average rent
$885
Last 30 days
1%
Last year
24%
3 bedroom
Average rent
$1,500
Last 30 days
1%
Last year
22%
4 bedroom
Average rent
$1,650
Last 30 days
4%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Waterloo, IL.
Apartments
Average rent
$825
Last 30 days
37%
Condos
Average rent
$1,322
Houses
Average rent
$1,500
Last 30 days
17%
The table above reflects average rent prices in Waterloo, IL, 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 Waterloo, IL compare to other cities?
Compare median rent prices in Waterloo and Crystal City by all bedroom counts and property types.
Waterloo
29%lower than the national median
35%lower than the national median
Takeaway
The median rent for all rentals in Waterloo, IL is 9% higher than the median rent in Crystal City, MO.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,262
21%$1,250
$1,050
2%$1,025
2%$2,050
$1,025
35%$1,290
21%$1,950
17%$1,450
6%$1,320
$1,495
5%$1,500
60%Discover rentals in Waterloo, IL
5d+ ago
Townhouse for rent in Waterloo
3 beds
2 baths
$1,695
House for rent
Available May 28
5d+ ago
Townhouse for rent in Waterloo
3 beds
2 baths
$1,695
House for rent
Available May 28
5d+ ago
Townhouse for rent in Waterloo
3 beds
2 baths
$1,695
House for rent
Available May 28
Stay up to date with rental market insights
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Frequently asked questions for Waterloo, IL
Quick answers to common questions about the Waterloo rental market.
How much is rent in Waterloo?
The average rent in Waterloo is $1,375 per month as of June 6, 2026.
Is rent up or down in Waterloo?
Average rent prices in Waterloo have decreased by 3% over the last month and have increased by 62% since last year.
How does Waterloo rent compare to the national average?
Rent in Waterloo is 29% below the national average, which means renters are paying approximately $575 less per month.
What salary do I need to afford rent in Waterloo?
To comfortably afford rent in Waterloo, you'd need to earn approximately $55,000/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).