What's the average rent in Waterloo, IA?

Rental Market Trends in Waterloo, IA

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Waterloo, IA is $850 per month, which is 56% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$850

0.0%No change month over month

0.0%No change year over year

AVAILABLE RENTALS

246

APARTMENTS

$804

HOUSES

$950

TOWNHOUSES

$895

As of September 2026, apartments are the most affordable rental option in Waterloo, IA at $804 per month, while houses are the most expensive at $950 per month. Townhomes average $895 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$665
2 Bedrooms	$825
3 Bedrooms	$1,075
4 Bedrooms	$1,200
All	$850

As of September 2026, the average rent for a 1 bedroom rental in Waterloo, IA is $665 per month, followed by $825 for a 2 bedroom rental, $1,075 for a 3 bedroom rental, and $1,200 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$750
2 Bedrooms	$800
3 Bedrooms	$1,600
4 Bedrooms	—
All	$895

As of September 2026, the average rent for a 1 bedroom townhome in Waterloo, IA is $750 per month, followed by $800 for a 2 bedroom townhome, and $1,600 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$650
2 Bedrooms	$833
3 Bedrooms	$1,050
4 Bedrooms	$795
All	$750

As of September 2026, the average rent for a 1 bedroom apartment in Waterloo, IA is $650 per month, followed by $833 for a 2 bedroom apartment, $1,050 for a 3 bedroom apartment, and $795 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$650
2 Bedrooms	$825
3 Bedrooms	$1,025
4 Bedrooms	$1,200
All	$950

As of September 2026, the average rent for a 1 bedroom house in Waterloo, IA is $650 per month, followed by $825 for a 2 bedroom house, $1,025 for a 3 bedroom house, and $1,200 for a 4 bedroom house.