Last updated on September 8, 2026

Average rent in
Waterloo, IN

Median rent

Median rent in Waterloo

$1,367/mo

increased by66%

vs previous year

The average rent in Waterloo is $1,367 per month as of September 2026. This is 28% below the national average rent, or $533 less per month.

$1.40

average price per square foot

Total rentals

Available rentals in Waterloo

15

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Waterloo rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Waterloo, IN

Average rent prices in Waterloo have remained the same over the last month and have increased by 66% 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, IN

Rent prices in Waterloo vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Waterloo is $1,140, whereas a house costs $1,997. 1-bedroom apartments in Waterloo run $825 on average, while 2-bedroom apartments are $1,509.

Listings

Studio

$800

-

40%

1 bedroom

$925

1%

24%

2 bedroom

$1,569

No Change

71%

3 bedroom

$1,995

-

-

4 bedroom

$3,500

-

-

Studio

Average rent

$800

Last year

40%

1 bedroom

Average rent

$925

Last 30 days

1%

Last year

24%

2 bedroom

Average rent

$1,569

Last year

71%

3 bedroom

Average rent

$1,995

4 bedroom

Average rent

$3,500

The table above reflects average rent prices in Waterloo, IN, 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, IN compare to other cities?

Compare median rent prices in Waterloo and Angola by all bedroom counts and property types.

Waterloo

Median rent price$1,367
decreased by28%

lower than the national median

Median rent price$1,099
decreased by42%

lower than the national median

Takeaway

The median rent for all rentals in Waterloo, IN is 24% higher than the median rent in Angola, IN.

Discover rentals in Waterloo, IN

255 S Wayne St - Photo 1 of 1

5d+ ago

8.8

Very good

255 S Wayne St

255 S Wayne St, Waterloo, IN 46793

1 bed

1 bath

$750

Apartment for rent

315 S Washington st - Photo 1 of 1

5d+ ago

8.5

Very good

315 S Washington st

315 S Washington St, Waterloo, IN 46793

1 bed

1 bath

$825

Apartment for rent

Stay up to date with rental market insights

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

Frequently asked questions for Waterloo, IN

Quick answers to common questions about the Waterloo rental market.

How much is rent in Waterloo?

The average rent in Waterloo is $1,367 per month as of September 5, 2026.

Is rent up or down in Waterloo?

Average rent prices in Waterloo have remained the same over the last month and have increased by 66% since last year.

How does Waterloo rent compare to the national average?

Rent in Waterloo is 28% below the national average, which means renters are paying approximately $533 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).

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