Save Search

Apartments for Rent in Waterloo, IA under $1300

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 • In unit laundry • Dishwasher
  • 17 units available
    1 bd $550+
    2 bd $650
    Base rent Income restricted
    Verified Listing

    Marsh Place Apartments

    4.0 (1)
    627 Sycamore Street, Waterloo, IA 50703
    Apply online • Air conditioner • Laundry Facilities
  • Only 1 unit left
    Studio $862
    Base rent
    Verified Listing

    Unity Square Townhomes

    100 Unity Square, Waterloo, IA 50703
    Apply online • In unit laundry • Air conditioner
  • 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
    Pet friendly • Fitness center • In unit laundry
  • 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, IA last updated?

Prices and availability in Waterloo, IA were last updated on 23 Oct 2026.

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

In Waterloo 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'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.

Apartments in Waterloo, IA under $1,300

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,300?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 28 apartments for rent in Waterloo, IA on which you’ll spend less than $1,300. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $1,300

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,300. The average rental size in Waterloo, IA is 886 Sqft, but the $1,300 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.