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Apartments for Rent in Waterloo, IA

37 Rentals Available
  • Today

    3330 E. 4Th Street, Waterloo, IA 50703
    Income Restricted
    1 BED $900
    2 BEDS $1,074
    3 BEDS $1,233
  • Today

    Waterloo, IA 1205 E San Marnan, Waterloo, IA 50702
    STUDIO Ask for Pricing
  • Today

    627 Sycamore Street, Waterloo, IA 50703
    Income Restricted
    1 BED $525
    2 BEDS $600
  • 1 day ago

    100 Unity Square, Waterloo, IA 50703
    Income Restricted
    2 BEDS Call for pricing
    3 BEDS Call for pricing
    4 BEDS Call for pricing
  • Today

    1003 Bluff Street, Cedar Falls, IA 50613
    4 BEDS $2,000
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  • Today

    2303 Olive Street, Cedar Falls, IA 50613
    4 BEDS $1,400
  • Today

    2116 Olive Street, Cedar Falls, IA 50613
    1 BED $725
  • Today

    2116 Olive Street, Cedar Falls, IA 50613
    2 BEDS $985
4-4-city
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Popular searches Average rent Renters guide Demographics

Getting around in Waterloo, IA

15 /100
Car-Dependent
20 /100
Minimal Transit
52 /100
Bikeable
Walk Score®: 15, Transit Score®: 20, Bike Score®: 52

Frequently asked questions

When were prices and availability in Waterloo, IA last updated?

Prices and availability in Waterloo, IA were last updated on 12 Jul 2025.

What are the best apartments in Waterloo, IA?

The best apartments in Waterloo, IA are: Union at North Crossing, Waterloo, IA 1205 E San Marnan, Marsh Place Apartments and Unity Square Townhomes.

What is the price range for a 1-bedroom apartment in Waterloo, IA?

The price range for a 1-bedroom apartment in Waterloo, IA is between $525 and $900.

What is the price range for a 2-bedroom apartment in Waterloo, IA?

The price range for a 2-bedroom apartment in Waterloo, IA is between $600 and $1,074.

What type of rental buildings are in Waterloo, IA?

In Waterloo 39% of the housing is rented out compared to 61% of homes are owned, according to the most recent Census Bureau estimates. 9% of Waterloo’s apartments are found in large buildings of 50 units or more, 49% are located in smaller apartment complexes with less than 50 units, and 39% are single-family rentals.

What do typical apartment communities look like in Waterloo, IA?

The average age of rental buildings in Waterloo is 0 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 0 stories, of which none are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Waterloo, IA?

Rental apartments in Waterloo come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 0% of the total apartments in the city, while 2-bedroom floorplans represent around 0% of all rentals in Waterloo. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

Living in Waterloo, IA

Lying on the Cedar River in Black Hawk County, Waterloo, IA, is a diverse city with a strong economy, low costs of living and a rich cultural heritage. This small city is home to many industries, including manufacturing, education, health care, and agriculture, making it great for renters looking for employment or furthering their careers. Plus, the city’s location makes it an excellent place for renters who want to be close to major metropolitan areas, like Chicago and Des Moines, while also enjoying the benefits of living in a smaller city. Waterloo renters will experience four distinct seasons — warm summer days for outdoor activities, foliage that changes color in the fall, snow in the winter and flowers blooming in the spring. Average temperatures range between 12°F and 84°F, with moderate precipitation levels in the form of rain and snow.

Renting in Waterloo, IA

Waterloo has a mix of houses and apartments with affordable rents compared to surrounding areas. Prices depend on the location, so areas near the shopping mall have higher rents, while northern parts are where renters can find affordable houses and apartments in Waterloo. Most properties for rent in Waterloo are located in the central region at the intersection of major roads, putting renters close to the main points of interest and transit options. Notably, the Rental Housing Inspection Program mandates that landlords keep the rental units in a habitable state. Renters should pay rent at the beginning of the month, which may or may not include utilities, based on what is agreed upon in the lease. The landlord may also ask for a security deposit and charge a late rent fee, but 30 days’ written notice is needed to increase rent.

Things for renting

Shopping in Waterloo, IA

On the north side of town is Crossroads Center shopping mall. It features a variety of stores, including JCPenney, Macy’s, Sears, Claire’s and a food court. Waterloo also has smaller shopping venues and independently operated stores where renters can buy clothing, antiques, crafts and different items from local vendors. Otherwise, for renters looking for more shopping opportunities, College Square Mall is a short drive from the city and offers a selection of brand stores and national retailers. Major stores in Waterloo where renters can buy everyday necessities include names like Walmart, Target, Aldi, Dollar General, Lowe’s, Menards, and the local Hy-Vee and Fareway Grocery markets. Additionally, Waterloo Urban Farmers’ Market is open year-round and offers locally grown fresh produce, handmade crafts, baked goods, food trucks and more.

Transportation in Waterloo, IA

Waterloo is located at the intersection of U.S. highways 20, 63 and 218, so renters will have a quick commute to surrounding areas. Because of this, a vehicle is the primary means of transportation, although bike and pedestrian areas connect the main points in some neighborhoods. Alternatively, for renters commuting via public transit, the bus system operated by the Cedar Valley Transit Authority has several routes that cover the main areas of the city. Additionally, ride-sharing services, like Uber and Lyft, allow renters to request rides through an app. The city is also home to Waterloo Regional Airport with domestic flights, while Des Moines International Airport is the closest airport offering international flights to the area.

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Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Waterloo, IA. Easily search through a wide selection of apartments for rent in Waterloo, IA, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Waterloo, IA apartments with rents starting from $525 and submit your rental application today!

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