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Apartments under $700 for Rent in Waterloo, IA

39 Rentals
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Living & Renting in Waterloo

Waterloo at a Glance

Average Rent

$782
(All bedrooms and property types)
Learn more about
Average Rent in Waterloo
2

School Rating

out of 10 Rating
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Schools in Waterloo
24

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Waterloo
53

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Waterloo

Waterloo, IA Apartments for Rent

Waterloo, IA, is a vibrant city that seamlessly blends community spirit with a wealth of amenities. A variety of rental options, from cozy apartments to spacious townhomes, cater to diverse preferences and budgets, making it an inviting place for residents. The city is surrounded by beautiful parks, including Hartman Reserve Nature Center, where outdoor enthusiasts can hike, bike, or simply relax amidst nature. Cedar River Exchange Park offers scenic views, while Pat Bowlsby Off-Leash Dog Park is perfect for pet owners looking to enjoy time outdoors with their furry friends. The Cedar Valley Trail provides a picturesque route for walking and cycling, connecting neighborhoods and promoting an active lifestyle.

Cultural experiences flourish in Waterloo, with events such as the annual Iowa State Black History Month Celebration and the Waterloo Arts Festival showcasing the city’s rich heritage. The Grout Museum District captivates visitors with its fascinating exhibits that delve into the region's history, while the John Deere Tractor & Engine Museum offers a unique glimpse into the area's industrial past. For family-friendly fun, the nearby Lost Island Waterpark is a popular summer destination.

Dining options abound, with a range of restaurants to satisfy every palate. Enjoy a hearty meal at Texas Roadhouse or indulge in Italian cuisine at Olive Garden. For a more casual experience, Maple Lanes Bowling Center and Taco John's provide delicious bites in a relaxed atmosphere. Coffee lovers can unwind at local cafes similar to Starbucks, Cabin Coffee Company, or Panera Bread, while Newton's Paradise Cafe serves up delightful dishes in a cozy setting.

Shopping enthusiasts will find plenty to explore at Crossroads Mall and College Square Mall, where a variety of stores, including Bath & Bodyworks and Proactiv Kiosk, cater to all shopping needs. The local farmers market showcases fresh produce and handmade goods, fostering a sense of community and supporting local vendors.

With its welcoming atmosphere, engaging activities, and a rich tapestry of cultural and recreational offerings, Waterloo stands out as an appealing place to call home.

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)

Getting Around Waterloo

Transportation

47

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
53

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
24

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Public University
Public University
Private University
3
West High School
out of 10 Rating
Public | Grades 9- 12 | 1,652 Students
2
East High School
out of 10 Rating
Public | Grades 9- 12 | 1,022 Students
5
Hoover Middle School
out of 10 Rating
Public | Grades 6- 8 | 883 Students
2
George Washington Carver Academy
out of 10 Rating
Public | Grades 6- 8 | 442 Students
1
Central Middle School
out of 10 Rating
Public | Grades 6- 8 | 471 Students
4
Kingsley Elementary School
out of 10 Rating
Public | Grades K- 5 | 343 Students
School data provided by Great Schoolsⓘ
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