Waterloo IA Apartments
115 rentals
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1-3 Beds
1-2 BathsLantern Square Apartments Spacious 1, 2 & 3 Bedrooms | 1141 Lantern Sq,
Waterloo, IA 50701
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Use arrow keys to navigatePET FRIENDLY$1,100 - $1,300/moStudio-1 Bed1-2 BathsPark Avenue Lofts The Temple | 325 E Park Ave,
Waterloo, IA 50703
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Average Rent Trends in Waterloo, IA
Rent in Waterloo, IA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $806 |
| Oct 2025 | $791 |
| Nov 2025 | $734 |
| Dec 2025 | $741 |
| Jan 2026 | $731 |
| Feb 2026 | $750 |
| Mar 2026 | $731 |
| Apr 2026 | $758 |
| May 2026 | $766 |
| Jun 2026 | $782 |
| Jul 2026 | $784 |
| Aug 2026 | $770 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $650 | $850 | $1,117 | $1,395 | $850 |
| Townhomes | — | $800 | $1,250 | $1,395 | $1,000 |
| Apartments and Condos | $650 | $770 | $750 | — | $675 |
| Houses | $575 | $875 | $1,100 | $1,425 | $995 |
Frequently Asked Questions about Apartments and Condos for rent in Waterloo, IA
- What is the average rent of an apartment in Waterloo, IA?The average rent of an apartment in Waterloo, IA is $768 per month. This is about 61% lower than the national average.
- When is the average rent for an apartment cheapest in Waterloo, IA?In the last year, the average rent in Waterloo, IA was lowest in Jan 2025 when it was $719 per month.
- When is the average rent for an apartment most expensive in Waterloo, IA?In the last year, the average rent in Waterloo, IA was highest in Jun 2025 when it was $1,113 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Waterloo, IA?The average rent of a 1 bedroom apartment in Waterloo, IA is $681 per month. That is about $81 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in Waterloo, IA?There are 122 available apartments or condos to rent in Waterloo, IA.
- What are some neighborhoods in Waterloo, IA?Some neighborhoods in Waterloo, IA include: Liberty Park, Church Row Historic, Park Haven, Riverfront, Doe's.
- What are some zip codes in Waterloo, IA?
- What are some cities near Waterloo, IA?Some nearby cities include: Evansdale, Elk Run Heights, Raymond, Washburn, Gilbertville. These cities may have more rental options to explore.
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