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Apartments For Rent By Owner in Waterloo, IA
45 Rentals
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3 BEDS, 1.5 BATHS$2,000504 W Seerley Blvd
504 W Seerley Blvd, Cedar Falls, IA 50613 -
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1 BED, 1 BATH$750
1016 Campbell Ave Unit 1016
1016 Campbell Ave, Waterloo, IA 50701 -
3 BEDS, 2.5 BATHS$1,500
3666 Ravenwood Cir
3666 Ravenwood Cir, Waterloo, IA 50702 -
1 BED, 1 BATH$1,350
321 Belle St Unit 321 Belle St, Waterloo IA
321 Belle St, Waterloo, IA 50702 -
4 BEDS, 1.5 BATHS$1,780
2115 Olive St
2115 Olive St, Cedar Falls, IA 50613 -
2 BEDS, 2 BATHS$1,700
122 Main St Unit 1
122 Main St, Cedar Falls, IA 50613 -
1 BED, 1 BATH$1,300
124 Main St
124 Main St, Cedar Falls, IA 50613 -
3 BEDS, 2 BATHS$1,700
2322 College St Unit 1
2322 College St, Cedar Falls, IA 50613 -
2 BEDS, 2 BATHS$1,970
812 Clay St
812 Clay St, Cedar Falls, IA 50613 -
3 BEDS, 2.5 BATHS$2,225
4328 Spruce Creek Dr
4328 Spruce Creek Dr, Cedar Falls, IA 50613 -
2 BEDS, 2.5 BATHS$2,450
852 Clay St
852 Clay St, Cedar Falls, IA 50613 -
2 BEDS, 2 BATHS$1,330
1820 Olive St
1820 Olive St, Cedar Falls, IA 50613 -
2 BEDS, 2 BATHS$1,970
820 Clay St
820 Clay St, Cedar Falls, IA 50613 -
4 BEDS, 2 BATHS$1,800
1009 W 22nd St Unit 44
1009 W 22nd St, Cedar Falls, IA 50613 -
1 BED, 1 BATH$1,400
716 Main St
716 Main St, Cedar Falls, IA 50613 -
3 BEDS, 2 BATHS$1,500
122 N Division St Unit 122
122 N Division St, Cedar Falls, IA 50613 -
4 BEDS, 2 BATHS$1,580
110 Westgate Ave
110 Westgate Ave, Cedar Falls, IA 50613 -
1 BED, 1 BATH$800
1016 W 20th St Unit 1016
1016 W 20th St, Cedar Falls, IA 50613 -
1 BED, 1 BATH$775+2 BEDS, 1 BATH$980+
2218 Merner Ave
2218 Merner Ave, Cedar Falls, IA 50613 -
2 BEDS, 2 BATHS$1,700
317 Main St Unit 200
317 Main St, Cedar Falls, IA 50613 -
3 BEDS, 2.5 BATHS$2,290
715 Spruce Needle Ln
715 Spruce Needle Ln, Cedar Falls, IA 50613 -
4 BEDS, 2 BATHS$1,500
1604 Franklin St
1604 Franklin St, Cedar Falls, IA 50613
Showing 42 of 43 results, Page 1 of 2
Living & Renting in Waterloo
Waterloo at a Glance
Waterloo, IA Apartments for Rent
Waterloo, Iowa, situated along the Cedar River, combines industrial heritage with modern living opportunities for apartment seekers. Founded in 1845 as Prairie Rapids Crossing, the city has evolved from its manufacturing roots while maintaining strong ties to its industrial past, notably through John Deere's continued presence.
Apartment living in Waterloo offers value, with rental costs substantially below national averages—one-bedroom apartments typically rent for around $780 monthly. Spanning more than 61 square miles, the city features established neighborhoods across its east and west sides. The location proves convenient for commuters, with easy access to Cedar Falls via Interstate 380 and U.S. Highways 20, 63, and 218.
The city's cultural scene includes the Waterloo Center for the Arts, home to the largest public collection of Haitian art in North America. The historic Grout Museum District and Lost Island Waterpark add to the recreational opportunities, making Waterloo an appealing choice for those seeking a mix of culture, history, and entertainment.
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 369 Sq Ft $759 / mo
- 1 Bedroom 588 Sq Ft $792 / mo
- 2 Bedrooms 884 Sq Ft $914 / mo
- 3 Bedrooms 1,075 Sq Ft $1,094 / mo
- 4 Bedrooms 1,200 Sq Ft $1,098 / mo
Top Budget-Friendly Neighborhoods in Waterloo
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Downtown Waterloo 643 Sq Ft $1,105/mo
Average Rent in Nearby Cities
(For 1 bedroom apartments)- Cities Average Rent
- Waterloo $921/mo
- Cedar Falls $1,081/mo
Getting Around Waterloo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Waterloo
Specialty Housing
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Waterloo Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Waterloo, IA
- Waterloo Apartments Under $500
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- 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 $792.
What are the average rent costs of a studio apartment in Waterloo, IA?
The average rent for a studio apartment in Waterloo, IA is $759.
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 $792.
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 $914.
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 $1,094.
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 $1,098.
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Note: Based on community-supplied data and independent market research. Subject to change without notice.