Apartments under $700 for Rent in Waterloo, IA
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|1 BED$365+2 BEDS$700+
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4 BEDS$460
Hillcrest Park Apartments-Student Housing
9614 University Ave, Cedar Falls, IA 50613 -
1 BED$625Meadow Ridge Apartments
765-791 Russell Rd, Waterloo, IA 50701 -
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2 BEDS, 1 BATH$7001123 N Barclay St
1123 N Barclay St, Waterloo, IA 50703 -
1 BED, 1 BATH$575313 Dearborn Ave
313 Dearborn Ave, Waterloo, IA 50703 -
1 BED, 1 BATH$675
1213 Manson St
1213 Manson St, Waterloo, IA 50703 -
1 BED, 1 BATH$610
1422 Irish Dr
1422 Irish Dr, Waterloo, IA 50701 -
1 BED, 1 BATH$625
516 Maynard Ave
516 Maynard Ave, Waterloo, IA 50701 -
1 BED, 1 BATH$625
608 Wellington St Unit A4
608 Wellington St, Waterloo, IA 50702 -
2 BEDS, 1 BATH$475
216 Courtland St
216 Courtland St, Waterloo, IA 50703 -
1 BED, 1 BATH$700
1503 Franklin St
1503 Franklin St, Waterloo, IA 50703 -
1 BED, 1 BATH$695
723-723 1/2 South St Unit 723 1/2
723-723 1/2 South St, Waterloo, IA 50701 -
2 BEDS, 1 BATH$650
206 Clay St
206 Clay St, Waterloo, IA 50703 -
3 BEDS, 1 BATH$650
3 Bedroom 1 Bathroom Townhome
711 South St, Waterloo, IA 50701 -
STUDIO, 1 BATH$600
3961 Logan Ave Unit 3961 Logan Ave - Apt 12
3961 Logan Ave, Waterloo, IA 50703 -
1 BED, 1 BATH$675
1 bed, 1 bath for rent in quiet Waterloo neighborhood
205 Janney Ave, Waterloo, IA 50701 -
1 BED, 1 BATH$525
406 Locust St
406 Locust St, Waterloo, IA 50701 -
2 BEDS, 1 BATH$700
1838-1840 West 3rd Unit 1840-B
1838-1840 W 3rd St, Waterloo, IA 50701 -
STUDIO, 1 BATH$455
227 Independence Ave Unit 227 - 1
227 Independence Ave, Waterloo, IA 50703 -
1 BED, 1 BATH$600
Sunnyside Multi-Family Unit 3
420 Sunnyside Ave, Waterloo, IA 50701 -
1 BED, 1 BATH$600
Sunnyside Multi-Family Unit 2
420 Sunnyside Ave, Waterloo, IA 50701 -
2 BEDS, 1 BATH$595
723 W 1st St Unit 1/2
723 W 1st St, Waterloo, IA 50701 -
2 BEDS, 1 BATH$650
805 W 4th St Unit B6
805 W 4th St, Waterloo, IA 50702 -
STUDIO, 1 BATH$600
3961 Logan Ave Unit 3961 Logan Ave - Apt 8
3961 Logan Ave, Waterloo, IA 50703 -
1 BED, 1 BATH$625
808-810 W 2nd St Unit 1
808-810 W 2nd St, Waterloo, IA 50701 -
1 BED, 1 BATH$600
808-810 W 2nd St Unit 2
808-810 W 2nd St, Waterloo, IA 50701 -
1 BED, 1 BATH$625
FOR RENT: 147 FRENCH- cute one bedroom bungalow *Pets Ok*
147 French St, Waterloo, IA 50703 -
STUDIO$675
Russell Lamson
209 W 5th St, Waterloo, IA 50701 -
STUDIO, 1 BATH$650
2216 Merner Ave Unit 2216-5
2216 Merner Ave, Cedar Falls, IA 50613 -
3 BEDS$505+4 BEDS$380+
Hawkeye Towers (new)
6025 Donegal Cir, Waterloo, IA 50701 -
1 BED$600
2610 College St - Cedar Falls
2610 College St, Cedar Falls, IA 50613
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Clear All FiltersLiving & 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
Getting Around Waterloo
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Apartments for Rent Near Waterloo
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
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- Waterloo Apartments Under $1,900
- Waterloo Apartments Under $2,000
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Rent Specials
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Note: Based on community-supplied data and independent market research. Subject to change without notice.