Cheap Houses for Rent in Waterloo, IA
70 rentals
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Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
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PET FRIENDLY
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
NEW - 1 DAY AGO
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
NEW - 2 DAYS AGO
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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 decreased in May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $950 |
| Jul 2025 | $950 |
| Aug 2025 | $950 |
| Sep 2025 | $950 |
| Oct 2025 | $866 |
| Nov 2025 | $1,000 |
| Dec 2025 | $995 |
| Jan 2026 | $975 |
| Feb 2026 | $900 |
| Mar 2026 | $915 |
| Apr 2026 | $939 |
| May 2026 | $925 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $625 | $825 | $1,077 | $1,450 | $800 |
| Townhomes | $600 | $795 | $1,500 | — | $795 |
| Apartments and Condos | $625 | $800 | $900 | $1,684 | $675 |
| Houses | $575 | $850 | $1,066 | $1,450 | $930 |
Frequently Asked Questions about Houses for rent in Waterloo, IA
- What is the average rent of a house in Waterloo, IA?The average rent of a house in Waterloo, IA is $930. Rent prices range from $500 to as much as $2,195, depending on the type of house.
- How does the rent of a house in Waterloo, IA compare to the national average?Average rent of a house in Waterloo, IA is about 51% lower than the national average rent of $1,910 for a house. That means it is less expensive to rent a house in Waterloo compared to the U.S. average.
- What is the average rent of a house in Waterloo, IA, by number of bedrooms?The average rent of a house in Waterloo, IA is $575 for a 1 bedroom, $850 for a 2 bedroom, $1,066 for a 3 bedroom, and $1,450 for a 4 bedroom.
- How have rent prices of a house in Waterloo, IA changed compared to last year?In the past year, the average rent price of a house in Waterloo, IA has increased by $30. That means the average rent of a house is 3% higher than last year.
- How many houses are available to rent in Waterloo, IA?There are 76 available houses 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.