Apartments for Rent in Waterloo, IA under $500

Q: What are the best apartments in Waterloo, IA?

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

5 Rentals Available

5 units available

Studio $399+

2 bd $475+

Verified Listing
Greenhill Point

4.5 (1)

1009 South Hackett Road, Waterloo, IA 50701

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Frequently asked questions

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

Prices and availability in Waterloo, IA were last updated on 26 May 2026.

What are the best apartments in Waterloo, IA?

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

What type of rental buildings are in Waterloo, IA?

In Waterloo, 38% of the residents are renting compared to 62% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Waterloo's rentals, 48% are small-scale complexes with under 50 units, and 39% are single-family rentals.