Apartments For Rent By Owner in Waterloo, IA
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Total Monthly Price Total Monthly Price New3 BEDS, 1 BATH$1,050Base Rent$1,050Required Monthly FeesNoneTotal Monthly Price$1,050 -
Total Monthly Price Total Monthly Price New3 BEDS, 1.5 BATHS$1,100Base Rent$1,100Required Monthly FeesNoneTotal Monthly Price$1,1001212 Randolph St
1212 Randolph St, Waterloo, IA 50702 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$550Base Rent$550Required Monthly FeesNoneTotal Monthly Price$550
440 Florence St
440 Florence St, Waterloo, IA 50703 -
Total Monthly Price Total Monthly Price NewSTUDIO, 1 BATH$645Base Rent$645 - $725Required Monthly FeesNoneTotal Monthly Price$645 - $725
1315 1st W St
1315 1st W St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$895Base Rent$895Required Monthly FeesNoneTotal Monthly Price$895
1311 W 1st St Unit 22
1311 W 1st St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New4 BEDS, 3 BATHS$2,800Base Rent$2,800Required Monthly FeesNoneTotal Monthly Price$2,800
318 Highland Dr
318 Highland Dr, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New3 BEDS, 1 BATH$1,550Base Rent$1,550Required Monthly FeesNoneTotal Monthly Price$1,550
1144 Madison St
1144 Madison St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New2 BEDS, 2 BATHS$825Base Rent$825Required Monthly FeesNoneTotal Monthly Price$825
4025 Cedar Heights Dr Unit 8
4025 Cedar Heights Dr, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New4 BEDS, 2 BATHS$1,950Base Rent$1,950Required Monthly FeesNoneTotal Monthly Price$1,950
1324 W 4th St
1324 W 4th St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New4 BEDS, 2 BATHS$1,600Base Rent$1,600Required Monthly FeesNoneTotal Monthly Price$1,600
1003 Bluff St Unit 1003 Bluff St
1003 Bluff St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New2 BEDS, 1 BATH$1,300Base Rent$1,300Required Monthly FeesNoneTotal Monthly Price$1,300
2421 Crescent Dr Unit Condo
2421 Crescent Dr, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$800+3 BEDS, 1 BATH$1,350+Base Rent$800 - $1,350Required Monthly FeesNoneTotal Monthly Price$800 - $1,350
2116 Olive St
2116 Olive St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New2 BEDS, 1 BATH$875Base Rent$875Required Monthly FeesNoneTotal Monthly Price$875
124 Locust St Unit 124 Locust
124 Locust St, Waterloo, IA 50701 -
Total Monthly Price Total Monthly Price New3 BEDS, 2.5 BATHS$1,500Base Rent$1,500Required Monthly FeesNoneTotal Monthly Price$1,500
3666 Ravenwood Cir
3666 Ravenwood Cir, Waterloo, IA 50702 -
Total Monthly Price Total Monthly Price New2 BEDS, 1 BATH$795Base Rent$795Required Monthly FeesNoneTotal Monthly Price$795
900 W Parker St Unit B
900 W Parker St, Waterloo, IA 50703 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$625Base Rent$625Required Monthly FeesNoneTotal Monthly Price$625
832 W 1st St Unit 832 1/2 W
832 W 1st St, Waterloo, IA 50701 -
Total Monthly Price Total Monthly Price New2 BEDS, 1 BATH$1,250Base Rent$1,250Required Monthly FeesNoneTotal Monthly Price$1,250
4002 University Ave Unit 7
4002 University Ave, Waterloo, IA 50701 -
Total Monthly Price Total Monthly Price New4 BEDS, 2 BATHS$1,500Base Rent$1,500Required Monthly FeesNoneTotal Monthly Price$1,500
1604 Franklin St
1604 Franklin St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New4 BEDS, 1.5 BATHS$1,600Base Rent$1,600Required Monthly FeesNoneTotal Monthly Price$1,600
816 W 7th St
816 W 7th St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New2 BEDS, 1 BATH$1,340Base Rent$1,340Required Monthly FeesNoneTotal Monthly Price$1,340
1912 Waterloo Rd
1912 Waterloo Rd, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New4 BEDS, 2.5 BATHS$1,595Base Rent$1,595Required Monthly FeesNoneTotal Monthly Price$1,595
4226 Spruce Hills Dr
4226 Spruce Hills Dr, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New4 BEDS, 2 BATHS$1,395Base Rent$1,395Required Monthly FeesNoneTotal Monthly Price$1,395
2628 Iowa St
2628 Iowa St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New2 BEDS, 2 BATHS$1,870Base Rent$1,870Required Monthly FeesNoneTotal Monthly Price$1,870
820 Clay St
820 Clay St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New2 BEDS, 2 BATHS$1,870Base Rent$1,870Required Monthly FeesNoneTotal Monthly Price$1,870
812 Clay St
812 Clay St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New2 BEDS, 2.5 BATHS$2,350Base Rent$2,350Required Monthly FeesNoneTotal Monthly Price$2,350
852 Clay St
852 Clay St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$1,698Base Rent$1,698Required Monthly FeesNoneTotal Monthly Price$1,698
1710 Franklin St
1710 Franklin St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New3 BEDS, 2.5 BATHS$2,290Base Rent$2,290Required Monthly FeesNoneTotal Monthly Price$2,290
715 Spruce Needle Ln
715 Spruce Needle Ln, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New3 BEDS, 2 BATHS$1,950Base Rent$1,950Required Monthly FeesNoneTotal Monthly Price$1,950
320 W 4th St Unit 101
320 W 4th St, Cedar Falls, IA 50613 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,400Base Rent$1,400Required Monthly FeesNoneTotal Monthly Price$1,400
124 Main St
124 Main St, Cedar Falls, IA 50613 -
Rent SpecialTotal Monthly Price Total Monthly Price New1 BED, 1 BATH$1,350Base Rent$1,350Required Monthly FeesNoneTotal Monthly Price$1,350
716 Main St
716 Main St, Cedar Falls, IA 50613
Living & Renting in Waterloo
Waterloo at a Glance
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
- Apartment Type Average Sq Ft Average Rent
- Studio 265 Sq Ft $737 / mo
- 1 Bedroom 640 Sq Ft $799 / mo
- 2 Bedrooms 882 Sq Ft $925 / mo
- 3 Bedrooms 1,072 Sq Ft $1,076 / mo
- 4 Bedrooms 1,200 Sq Ft $1,102 / mo
Top Budget-Friendly Neighborhoods in Waterloo
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Downtown Waterloo 745 Sq Ft $1,270/mo
Average Rent in Nearby Cities
(For 1 bedroom apartments)- Cities Average Rent
- Waterloo $1,073/mo
- Cedar Falls $1,276/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Waterloo
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Waterloo Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Waterloo, IA
- Waterloo Apartments Under $500
- Waterloo Apartments Under $600
- Waterloo Apartments Under $700
- Waterloo Apartments Under $800
- Waterloo Apartments Under $900
- Waterloo Apartments Under $1,000
- Waterloo Apartments Under $1,100
- Waterloo Apartments Under $1,200
- Waterloo Apartments Under $1,300
- Waterloo Apartments Under $1,400
- Waterloo Apartments Under $1,500
- Waterloo Apartments Under $1,600
- Waterloo Apartments Under $1,700
- Waterloo Apartments Under $1,800
- Waterloo Apartments Under $1,900
- Waterloo Apartments Under $2,000
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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Note: Based on community-supplied data and independent market research. Subject to change without notice.