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Newest Homes for Rent in Evansdale, IA

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    $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
  • /10

    $795 Per Month

    • 2 Beds
    • 1 Bath
    • 652 Sq Ft
    • 2 bedroom, 1 bath house

    2001 City View St, Waterloo, IA 50707

    2 bedroom, 1 bath house available at 2001 City View in Waterloo. Updated countertop and flooring in kitchen as well as updated bathroom. Washer/dryer hookups available along with off street parking. Tenant is responsible for all utilities as well as lawn care/snow removal. No pets - Section 8 considered with application. $795 deposit/$795 rent. Please complete a no fee application online at or

    2001 City View St, Waterloo, IA 50707

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 $950 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 $38,000 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 $950 per month in Evansdale, IA, renters typically need to show $2,850 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 13.6, 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 Cedar River, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$950
Median Single Family Home Rent
$950
How to Rent a Home