What's the average rent in Waterloo, IA?

Rental Market Trends in Waterloo, IA

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Waterloo, IA is $825 per month, which is 57% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$825

0.0%No change month over month

0.0%No change year over year

AVAILABLE RENTALS

204

APARTMENTS

$798

HOUSES

$925

TOWNHOUSES

$1,500

As of November 2026, apartments are the most affordable rental option in Waterloo, IA at $798 per month, while townhomes are the most expensive at $1,500 per month. Houses average $925 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$660
2 Bedrooms	$825
3 Bedrooms	$1,075
4 Bedrooms	$1,200
All	$825

As of November 2026, the average rent for a 1 bedroom rental in Waterloo, IA is $660 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	—
2 Bedrooms	$895
3 Bedrooms	$1,600
4 Bedrooms	—
All	$1,500

As of November 2026, the average rent for a 2 bedroom townhome in Waterloo, IA is $895 per month, followed by $1,600 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$625
2 Bedrooms	$825
3 Bedrooms	$1,350
4 Bedrooms	—
All	$750

As of November 2026, the average rent for a 1 bedroom apartment in Waterloo, IA is $625 per month, followed by $825 for a 2 bedroom apartment, and $1,350 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$675
2 Bedrooms	$850
3 Bedrooms	$999
4 Bedrooms	$1,200
All	$925

As of November 2026, the average rent for a 1 bedroom house in Waterloo, IA is $675 per month, followed by $850 for a 2 bedroom house, $999 for a 3 bedroom house, and $1,200 for a 4 bedroom house.