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Apartments For Rent By Owner in Waterloo, IA

32 Rentals
  1. Building Photo - 206 Summit Ave
    3 BEDS, 1 BATH
    $1,050
    Total Monthly Price Total Monthly Price New
    Base Rent$1,050
    Required Monthly FeesNone
    Total Monthly Price$1,050

    206 Summit Ave

    206 Summit Ave, Waterloo, IA 50701
  2. Building Photo - 1212 Randolph St
    3 BEDS, 1.5 BATHS
    $1,100
    Total Monthly Price Total Monthly Price New
    Base Rent$1,100
    Required Monthly FeesNone
    Total Monthly Price$1,100

    1212 Randolph St

    1212 Randolph St, Waterloo, IA 50702
  3. 1 BED, 1 BATH
    $550
    Total Monthly Price Total Monthly Price New
    Base Rent$550
    Required Monthly FeesNone
    Total Monthly Price$550

    440 Florence St

    440 Florence St, Waterloo, IA 50703
  4. STUDIO, 1 BATH
    $645
    Total Monthly Price Total Monthly Price New
    Base Rent$645 - $725
    Required Monthly FeesNone
    Total Monthly Price$645 - $725

    1315 1st W St

    1315 1st W St, Cedar Falls, IA 50613
  5. 1 BED, 1 BATH
    $895
    Total Monthly Price Total Monthly Price New
    Base Rent$895
    Required Monthly FeesNone
    Total Monthly Price$895

    1311 W 1st St Unit 22

    1311 W 1st St, Cedar Falls, IA 50613
  6. 4 BEDS, 3 BATHS
    $2,800
    Total Monthly Price Total Monthly Price New
    Base Rent$2,800
    Required Monthly FeesNone
    Total Monthly Price$2,800

    318 Highland Dr

    318 Highland Dr, Cedar Falls, IA 50613
  7. 3 BEDS, 1 BATH
    $1,550
    Total Monthly Price Total Monthly Price New
    Base Rent$1,550
    Required Monthly FeesNone
    Total Monthly Price$1,550

    1144 Madison St

    1144 Madison St, Cedar Falls, IA 50613
  8. 2 BEDS, 2 BATHS
    $825
    Total Monthly Price Total Monthly Price New
    Base Rent$825
    Required Monthly FeesNone
    Total Monthly Price$825

    4025 Cedar Heights Dr Unit 8

    4025 Cedar Heights Dr, Cedar Falls, IA 50613
  9. 4 BEDS, 2 BATHS
    $1,950
    Total Monthly Price Total Monthly Price New
    Base Rent$1,950
    Required Monthly FeesNone
    Total Monthly Price$1,950

    1324 W 4th St

    1324 W 4th St, Cedar Falls, IA 50613
  10. 4 BEDS, 2 BATHS
    $1,600
    Total Monthly Price Total Monthly Price New
    Base Rent$1,600
    Required Monthly FeesNone
    Total Monthly Price$1,600

    1003 Bluff St Unit 1003 Bluff St

    1003 Bluff St, Cedar Falls, IA 50613
  11. 2 BEDS, 1 BATH
    $1,300
    Total Monthly Price Total Monthly Price New
    Base Rent$1,300
    Required Monthly FeesNone
    Total Monthly Price$1,300

    2421 Crescent Dr Unit Condo

    2421 Crescent Dr, Cedar Falls, IA 50613
  12. 1 BED, 1 BATH
    $800+
    3 BEDS, 1 BATH
    $1,350+
    Total Monthly Price Total Monthly Price New
    Base Rent$800 - $1,350
    Required Monthly FeesNone
    Total Monthly Price$800 - $1,350

    2116 Olive St

    2116 Olive St, Cedar Falls, IA 50613
  13. 2 BEDS, 1 BATH
    $875
    Total Monthly Price Total Monthly Price New
    Base Rent$875
    Required Monthly FeesNone
    Total Monthly Price$875

    124 Locust St Unit 124 Locust

    124 Locust St, Waterloo, IA 50701
  14. 3 BEDS, 2.5 BATHS
    $1,500
    Total Monthly Price Total Monthly Price New
    Base Rent$1,500
    Required Monthly FeesNone
    Total Monthly Price$1,500

    3666 Ravenwood Cir

    3666 Ravenwood Cir, Waterloo, IA 50702
  15. 2 BEDS, 1 BATH
    $795
    Total Monthly Price Total Monthly Price New
    Base Rent$795
    Required Monthly FeesNone
    Total Monthly Price$795

    900 W Parker St Unit B

    900 W Parker St, Waterloo, IA 50703
  16. 1 BED, 1 BATH
    $625
    Total Monthly Price Total Monthly Price New
    Base Rent$625
    Required Monthly FeesNone
    Total Monthly Price$625

    832 W 1st St Unit 832 1/2 W

    832 W 1st St, Waterloo, IA 50701
  17. 2 BEDS, 1 BATH
    $1,250
    Total Monthly Price Total Monthly Price New
    Base Rent$1,250
    Required Monthly FeesNone
    Total Monthly Price$1,250

    4002 University Ave Unit 7

    4002 University Ave, Waterloo, IA 50701
  18. 4 BEDS, 2 BATHS
    $1,500
    Total Monthly Price Total Monthly Price New
    Base Rent$1,500
    Required Monthly FeesNone
    Total Monthly Price$1,500

    1604 Franklin St

    1604 Franklin St, Cedar Falls, IA 50613
  19. 4 BEDS, 1.5 BATHS
    $1,600
    Total Monthly Price Total Monthly Price New
    Base Rent$1,600
    Required Monthly FeesNone
    Total Monthly Price$1,600

    816 W 7th St

    816 W 7th St, Cedar Falls, IA 50613
  20. 2 BEDS, 1 BATH
    $1,340
    Total Monthly Price Total Monthly Price New
    Base Rent$1,340
    Required Monthly FeesNone
    Total Monthly Price$1,340

    1912 Waterloo Rd

    1912 Waterloo Rd, Cedar Falls, IA 50613
  21. 4 BEDS, 2.5 BATHS
    $1,595
    Total Monthly Price Total Monthly Price New
    Base Rent$1,595
    Required Monthly FeesNone
    Total Monthly Price$1,595

    4226 Spruce Hills Dr

    4226 Spruce Hills Dr, Cedar Falls, IA 50613
  22. 4 BEDS, 2 BATHS
    $1,395
    Total Monthly Price Total Monthly Price New
    Base Rent$1,395
    Required Monthly FeesNone
    Total Monthly Price$1,395

    2628 Iowa St

    2628 Iowa St, Cedar Falls, IA 50613
  23. 2 BEDS, 2 BATHS
    $1,870
    Total Monthly Price Total Monthly Price New
    Base Rent$1,870
    Required Monthly FeesNone
    Total Monthly Price$1,870

    820 Clay St

    820 Clay St, Cedar Falls, IA 50613
  24. 2 BEDS, 2 BATHS
    $1,870
    Total Monthly Price Total Monthly Price New
    Base Rent$1,870
    Required Monthly FeesNone
    Total Monthly Price$1,870

    812 Clay St

    812 Clay St, Cedar Falls, IA 50613
  25. 2 BEDS, 2.5 BATHS
    $2,350
    Total Monthly Price Total Monthly Price New
    Base Rent$2,350
    Required Monthly FeesNone
    Total Monthly Price$2,350

    852 Clay St

    852 Clay St, Cedar Falls, IA 50613
  26. 3 BEDS, 2 BATHS
    $1,698
    Total Monthly Price Total Monthly Price New
    Base Rent$1,698
    Required Monthly FeesNone
    Total Monthly Price$1,698

    1710 Franklin St

    1710 Franklin St, Cedar Falls, IA 50613
  27. 3 BEDS, 2.5 BATHS
    $2,290
    Total Monthly Price Total Monthly Price New
    Base Rent$2,290
    Required Monthly FeesNone
    Total Monthly Price$2,290

    715 Spruce Needle Ln

    715 Spruce Needle Ln, Cedar Falls, IA 50613
  28. 3 BEDS, 2 BATHS
    $1,950
    Total Monthly Price Total Monthly Price New
    Base Rent$1,950
    Required Monthly FeesNone
    Total Monthly Price$1,950

    320 W 4th St Unit 101

    320 W 4th St, Cedar Falls, IA 50613
  29. 1 BED, 1 BATH
    $1,400
    Total Monthly Price Total Monthly Price New
    Base Rent$1,400
    Required Monthly FeesNone
    Total Monthly Price$1,400

    124 Main St

    124 Main St, Cedar Falls, IA 50613
  30. Rent Special
    1 BED, 1 BATH
    $1,350
    Total Monthly Price Total Monthly Price New
    Base Rent$1,350
    Required Monthly FeesNone
    Total Monthly Price$1,350

    716 Main St

    716 Main St, Cedar Falls, IA 50613

Living & Renting in Waterloo

Waterloo at a Glance

Average Rent

$799
(All bedrooms and property types)
Learn more about
Average Rent in Waterloo
3

School Rating

out of 10 Rating
Learn more about
Schools in Waterloo

Waterloo, IA Apartments for Rent

Waterloo, the "Factory City," has been home to John Deere agricultural machinery manufacturing for over 100 years, with the Cedar River running right through Iowa's eighth-largest city. Looking for apartments in Waterloo? You'll love the affordable housing market here, with average rents around $800 monthly—way below what you'd pay in other Midwestern cities. The manufacturing sector keeps pumping out solid job opportunities, while the Cedar Valley setting brings that perfect mix of natural beauty and laid-back living.

Waterloo apartments work great for budget-minded renters who want outdoor fun, entertainment, and all the conveniences close by. Check out established neighborhoods like Downtown Waterloo and Conger Park, where apartment communities sit near great green spaces like George Wyth State Park and Hartman Reserve Nature Area. The Museum District puts galleries and cultural spots within walking distance, and Lost Island Theme Park brings the summer thrills. Plus, with the University of Northern Iowa campus right next door in Cedar Falls, it's super convenient for students and university staff. Between major employers like John Deere and local healthcare facilities, jobs are plentiful—and when you want more shopping and dining variety, Cedar Rapids is just an hour away.

Why Waterloo?

  • Waterloo is home to Hawkeye Community College and it is just minutes from the University of Northern Iowa in Cedar Falls.
  • Hockey! Waterloo is home of the USHL Black Hawks, who play at the Young Arena.
  • There are several museums and historic sites in Waterloo, including the 1862 Victorian Home and Carriage House Museum.
  • Waterloo features family-friendly attractions such as Phelps Youth Pavilion, a hands-on children’s museum.
  • Gorgeous parks in Waterloo include the vast Black Hawk Park which offers camping, fishing, hiking, and boat ramps.
  • The Cedar Valley Paddlers Trail is a 10-mile water trail offering fishing, boating, and wildlife viewing.

Renting in Waterloo

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Waterloo

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Education

Public University
Public University
Private University
GreatSchools Rating

Public High School

Public
Grades 9-12
Students
GreatSchools Rating

Public High School

Public
Grades 9-12
Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Frequently asked questions about renting in Waterloo, IA

What are the average rent costs in Waterloo, IA?

The average rent in Waterloo, IA is $799.

What are the average rent costs of a studio apartment in Waterloo, IA?

The average rent for a studio apartment in Waterloo, IA is $737.

What are the average rent costs of a one bedroom apartment in Waterloo, IA?

The average rent for a 1 bedroom apartment in Waterloo, IA is $799.

What are the average rent costs of a two bedroom apartment in Waterloo, IA?

The average rent for a 2 bedroom apartment in Waterloo, IA is $925.

What are the average rent costs of a three bedroom apartment in Waterloo, IA?

The average rent for a 3 bedroom apartment in Waterloo, IA is $1,076.

What are the average rent costs of a four bedroom apartment in Waterloo, IA?

The average rent for a 4 bedroom apartment in Waterloo, IA is $1,102.

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