2

Evansdale, IA Homes for Rent

Section Image
  • /9

    $950 Per Month

    • 3 Beds
    • 1 Bath
    • 900 Sq Ft
    • House for Rent

    517 Nicholas St, Waterloo, IA 50707

    Recently Updated 3 Bedroom, 1 Bathroom House for Rent located at 517 Nicholas. Located in Cityview near Tyson and John Deere. Updated kitchen and floors throughout! Stove and fridge included. W/D hookups. Tenant responsible for all utilities as well as snow removal and lawn care. Pets and Section 8 considered with application. 1 year lease and deposit required.Rent: $950Deposit:

    517 Nicholas St, Waterloo, IA 50707
  • /21

    $795 Per Month

    • 2 Beds
    • 1 Bath
    • 808 Sq Ft
    • House for Rent

    2214 Idaho St, Waterloo, IA 50707

    Description: This 2-bedroom house features new floors throughout and a basement for extra storage. Fridge and stove will be provided. Schools: Cunningham Elementary, Carver Middle School, West High School Utilities Included: NoneAverage Utilities: $170 Move-In Costs: $795 Deposit, $795Rent Lawn/Snow: Tenant responsibility AC: N/A Section 8: Not ApplicablePets:

    2214 Idaho St, Waterloo, IA 50707

Why Live in Evansdale

About 4,500 people live in Evansdale, a bedroom community about 5 miles from the heart of Waterloo . While residents travel to the bigger city for education, healthcare and big-box stores like Walmart, there is plenty to do in their hometown. Options ...

Frequently Asked Questions

How much does it cost to rent a home in Evansdale, IA?
The median rent for a home in Evansdale, IA is $872 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Evansdale, IA?
To comfortably afford the median rent in Evansdale, IA, a household needs to earn roughly $34,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $872 per month in Evansdale, IA, renters typically need to show $2,616 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Evansdale, IA?
In Evansdale, IA, the price-to-rent ratio is 14.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Evansdale, IA are best for renting a home?
The best neighborhood for renting in Evansdale, IA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Neighbors for Life, Liberty Park, Park Haven, Does and Neighbors Helping Neighbors, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$872
Median Single Family Home Rent
$873
How to Rent a Home