Apartments For Rent in Waterloo, IA
205 rentals
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2-3 Beds
2 BathsLantern Square Apartments Spacious 1, 2 & 3 Bedrooms | 1141 Lantern Sq #1111-2,
Waterloo, IA 50701
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Use arrow keys to navigatePET FRIENDLY$1,100 - $1,300/moStudio-1 Bed1 BathPark Avenue Lofts The Temple | 325 E Park Ave #405,
Waterloo, IA 50703
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APPLY INSTANTLY$800 - $1,075/mo2 Beds1 BathCobblestone Apartments | 3549-3749 Cobblestone Cir #fe515da9a,
Waterloo, IA 50701
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What Locals Say about Waterloo
Review Highlights
Waterloo, IA: easygoing, convenient living with walkable comforts and quick commutes. People like friendly, family blocks, parks and trails, walkable shops, and a short commute. They dislike loud trains and traffic, many stoplights, some crime concerns, and crowded schools.
AI-generated summary of moderated reviews.
Average Rent Trends in Waterloo, IA
Rent in Waterloo, IA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $850 |
| Aug 2025 | $850 |
| Sep 2025 | $850 |
| Oct 2025 | $835 |
| Nov 2025 | $825 |
| Dec 2025 | $825 |
| Jan 2026 | $798 |
| Feb 2026 | $800 |
| Mar 2026 | $842 |
| Apr 2026 | $850 |
| May 2026 | $815 |
| Jun 2026 | $825 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $650 | $825 | $1,099 | $1,425 | $825 |
| Townhomes | $700 | $825 | $1,200 | — | $825 |
| Apartments and Condos | $640 | $810 | $999 | $842 | $750 |
| Houses | $575 | $850 | $1,050 | $1,495 | $950 |
Frequently Asked Questions about Rentals in Waterloo, IA
- What is the average rent of an apartment in Waterloo, IA?The average rent of an apartment in Waterloo, IA is $769 per month. This is about 60% lower than the national average.
- What is the average rent of a house in Waterloo, IA?The average rent of a house in Waterloo, IA is $950 per month. This is about 51% lower than the national average.
- What is the average rent of a townhome in Waterloo, IA?The average rent of a townhome in Waterloo, IA is $825 per month. This is about 57% lower than the national average.
- When is the average rent cheapest in Waterloo, IA?In the last year, the average rent in Waterloo, IA was lowest in Feb 2025 when it was $802 per month.
- When is the average rent most expensive in Waterloo, IA?In the last year, the average rent in Waterloo, IA was highest in Apr 2025 when it was $865 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Waterloo, IA?The average rent of a 1 bedroom apartment in Waterloo, IA is $650 per month. That is about $50 more than the cost of a studio apartment.
- How many available rental listings are in Waterloo, IA?There are 214 available rental listings in Waterloo, IA.
- What are some neighborhoods in Waterloo, IA?Some neighborhoods in Waterloo, IA include: Liberty Park, Church Row Historic, Park Haven, Riverfront, Doe's.
- What are some zip codes in Waterloo, IA?
- What are some cities near Waterloo, IA?Some nearby cities include: Evansdale, Elk Run Heights, Raymond, Washburn, Gilbertville. These cities may have more rental options to explore.