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Apartments for Rent in Waterloo City, IA under $1500

Quick filters
  • 7 units available
    Studio $399+
    2 bd $475+
    Base rent
    Verified Listing

    Greenhill Point

    4.5 (1)
    1009 South Hackett Road, Waterloo, IA 50701
    Apply online • Dishwasher • Washer/Dryer
  • 5 units available
    1 bd $800
    2 bd $950
    3 bd $1,209
    Base rent Income restricted
    Verified Listing

    Union At North Crossing

    3330 E. 4Th Street, Waterloo, IA 50703
    Apply online • Pet friendly • Fitness center
  • Only 1 unit left
    Studio $1,083
    Base rent
    Verified Listing

    Unity Square Townhomes

    100 Unity Square, Waterloo, IA 50703
    Apply online • Air conditioner • Washer/Dryer
  • 16 units available
    1 bd $550
    2 bd $625
    Base rent Income restricted
    Verified Listing

    Marsh Place Apartments

    4.0 (1)
    627 Sycamore Street, Waterloo, IA 50703
    Apply online • In unit laundry • Air conditioner
  • 1 bd $640
    Base rent
    Verified Listing

    1422 Irish Drive Apt 4

    1422 Irish Drive Apt 4, Waterloo, IA 50701
    Pet friendly • Patio/Balcony • Wheelchair Access
  • 6-0-city

Frequently asked questions

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

Prices and availability in Waterloo City, IA were last updated on 3 Sep 2026.

What are the best apartments in Waterloo City, IA?
What type of rental buildings are in Waterloo City, IA?

In Waterloo City 38% of the housing is rented out compared to 62% of homes are owned, according to the most recent Census Bureau estimates. 10% of Waterloo City's apartments are found in large buildings of 50 units or more, 48% are located in smaller apartment complexes with less than 50 units, and 39% are single-family rentals.

Search for apartments in Waterloo City, IA under $1,500

There’s more than one way to spend $1,500 on rent in Waterloo City, IA, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $1,500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $1,500 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Waterloo City, IA. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 6 apartments for rent below $1,500 in Waterloo City, IA for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.