Apartments for Rent in Waterloo IA
470 Rentals Available
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Waterloo Market Snapshot
Average 1-Bedroom Rent is $792/mo
Up 1% From Last Year
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Showing 40 of 255 Results - Page 1 of 7
Explore Rent Prices Near Waterloo, IA
Waterloo, IA’s average rent price is $925 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.
| Average Rent | |
|---|---|
| Cedar Falls | $1,088 |
Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.
Waterloo, IA Apartments for Rent
Located in the Cedar Valley region of northeastern Iowa, Waterloo is a charming mid-sized city spread across the banks of the Cedar River. Residents enjoy a broad range of affordable apartments and condos available for rent in a laidback locale engulfed in lush, natural beauty.
Waterloo touts a diverse, close-knit community, coming together for a bevy of annual events like My Waterloo Days, National Cattle Congress, Iowa’s Irish Fest, and Cedar Valley Pride Fest. Waterloo boasts plenty of excellent opportunities for outdoor recreation at George Wyth State Park, Hartman Reserve, Hope Martin Memorial Park, and numerous golf courses. Waterloo is also home to one of the best water parks in the country, Lost Island, which draws residents and visitors alike.
Entertainment options abound in Waterloo, especially in the extensive Museum District, which offers walkable access to a host of museums, galleries, and venues. The University of Northern Iowa sits just outside of city limits, making Waterloo a top choice for many students, faculty, and staff. Although residents love Waterloo’s down-home charm, the city is also within an hour’s driving distance of Cedar Rapids.
Waterloo, IA Rental Insights
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The average rent in Waterloo, IA is $791 per month. By comparison, renters across the U.S. pay an average of $1,632, which means housing in Waterloo, IA is slightly less expensive than much of the country.
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The cost of living in Waterloo, IA is 11.8% lower than the national average. Daily expenses like housing, groceries, and transportation generally cost less than in many other U.S. cities.
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To live comfortably in Waterloo, IA as a single adult with no dependents, aim for a salary of at least $59,000 before taxes. Expect to spend about $7,956/year for groceries, $11,400 for goods and services, and $16,248/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.
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You can find flexible rentals in Waterloo, IA by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.
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Tour apartments from your couch with Matterport 3D Tours. We have 470 Waterloo apartments with virtual tours available. Walk through the apartment, view room layouts and get a feel for the space before an in-person tour.
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Waterloo, IA has very few transit options. Residents typically rely on driving for daily needs.
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Students renting in Waterloo, IA have access to Hawkeye Community College, University of Northern Iowa, and Wartburg College.