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Apartments for Rent in Waterloo, IA under $1300

42 Rentals Available
Apartments for Rent in Waterloo, IA under $1300. 42 Rentals Available
  • A kitchen with a table and chairs and a refrigerator.
    Today

    3330 E. 4Th Street, Waterloo, IA 50703
    Income Restricted
    1 BED $900
    2 BEDS $974
    3 BEDS $1,233
  • A kitchen with a table and chairs.
    5
    Today

    1009 South Hackett Road, Waterloo, IA 50701
    STUDIO $399+
    2 BEDS $850
  • A playground with a blue slide and a brown pavement.
    Today

    100 Unity Square, Waterloo, IA 50703
    STUDIO $533+
  • a living room with six windows and a table
    Today

    627 Sycamore Street, Waterloo, IA 50703
    Income Restricted
    1 BED $550
    2 BEDS $625
  • A kitchen with black cabinets and a marble countertop.
    3 days ago

    1229 Ravenwood Rd, Waterloo, IA 50702
    2 BEDS $865
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  • A kitchen with wooden cabinets and a white refrigerator.
    3 days ago

    1422 Irish Drive, Waterloo, IA 50701
    1 BED $610
6-0-city
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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 23 Nov 2025.

What are the best apartments in Waterloo, IA?

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

What type of rental buildings are in Waterloo, IA?

In Waterloo, 39% of the residents are renting compared to 61% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 9% of Waterloo’s rentals, 49% are small-scale complexes with under 50 units, and 39% are single-family rentals.

Renting apartments in Waterloo, IA under $1,300

Searching for apartments for rent in Waterloo, IA under $1,300 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Waterloo, IA, where the average rent is $781 per month, there are 43 units available for less than $1,300. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,300” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Waterloo, IA. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Waterloo, IA going for $399 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!