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Apartments for Rent in Waterloo, IA

46 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
  • Waterloo, IA 1205 E San Marnan Studio Apartment for Rent
    Today

    Waterloo, IA 1205 E San Marnan, Waterloo, IA 50702
    STUDIO Ask for Pricing
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  • A kitchen with black cabinets and a marble countertop.
    Today

    1229 Ravenwood Rd, Waterloo, IA 50702
    2 BEDS $865
  • A living room with a grey couch and a television mounted on the wall.
    Today

    1429 Columbus Dr, Waterloo, IA 50702
    3 BEDS $2,095
  • A modern kitchen with a stone pillar and a dining table with a bench.
    Today

    1909 Robin Road, Waterloo, IA 50701
    2 BEDS $1,350
  • A kitchen with wooden cabinets and a white refrigerator.
    Today

    1422 Irish Drive, Waterloo, IA 50701
    1 BED $610
9-0-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 21 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 is the price range for a studio apartment in Waterloo, IA?

The price range for a studio apartment in Waterloo, IA is between $399 and $1,194.

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 $550 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 $625 and $1,350.

What is the price range for a 3-bedroom apartment in Waterloo, IA?

The price range for a 3-bedroom apartment in Waterloo, IA is between $1,233 and $2,095.

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 age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Waterloo are about 0 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 0 stories. About none of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Waterloo, IA?

Studio apartments in Waterloo are around 0% of rentals, while 1-bedroom floor plans represent 0% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 0% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more 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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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 $399 and submit your rental application today!

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