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Waterloo, IA Homes for Rent

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    $895 - $925 per month

    Lantern Square Apartments Spacious 1, 2 & ...

    2 Beds

    1141 Lantern Square, Waterloo, IA 50701

    Welcome to Lantern Square Apartments, your new home in the heart of Waterloo. This prime location offers a blend of comfort and convenience, with a lot of extra amenities designed to enhance your living experience. Each units offers private balconies, central air conditioning, newer vinyl windows, and the convenience of on-site parking with private garages available. Enjoy the benefit of

    1141 Lantern Square, Waterloo, IA 50701
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    $900 - $1,233 per month

    Union at North Crossing

    1 - 3 Beds

    3330 E 4th St, Waterloo, IA 50703

    Waterloo's Newest Affordable Housing CommunityDiscover our brand-new affordable apartment community in Waterloo, IA, Union at North Crossing. This charming community is open. Take a closer look at everything we have to offer and start your application process now!A Social CommunityModern amenities and a convenient location set the stage for our affordable apartments in

    3330 E 4th St, Waterloo, IA 50703
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    $1,200 - $2,500 per month

    Art Bloc

    Studio - 2 Beds

    335 Cedar St, Waterloo, IA 50701

    Art Bloc is more than a building, it’s a landmark in downtown Waterloo. Located conveniently in the middle of Waterloo’s thriving art district, Art Bloc allows you to live, work, and play in an eclectic setting. Everything you desire is close at hand, from craft brewpubs and local dining to retail shops and a vibrant nightlife. These luxurious apartments are at the center of the Waterloo downtown

    335 Cedar St, Waterloo, IA 50701
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    $380 per month

    Hawkeye Towers - Historical Access

    4 Beds

    6025 Donegal Cir, Waterloo, IA 50701

    Looking for comfortable, affordable, and convenient student housing near Hawkeye Community College? At Hawkeye Towers, we offer spacious apartments just minutes from campus, making it easier for you to focus on your studies and enjoy student life.

    6025 Donegal Cir, Waterloo, IA 50701
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    $1,025 per month

    Pineview Place Apartments

    2 Beds

    3855 Pineview Place, Waterloo, IA 50701

    Picture a private, quiet community surrounded by mature trees and landscaping, excellent oversized floor plans with washer dryer hookups, a playground, and garages with automatic openers. Welcome to Pineview Estates.

    3855 Pineview Place, Waterloo, IA 50701
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    $1,100 - $1,300 per month

    Park Avenue Lofts

    Studio - 1 Bed

    325 E Park Ave, Waterloo, IA 50703

    LEASING SPECIAL :ONE MONTH FREE WITH A 12 MONTH LEASE!!!Don't miss out on this once in a lifetime special, units are going quick!!SNAPSHOT- Historic Preservation offers a unique design and layout you won't find anywhere else- 27 loft-style residential units, each one with its own design and character- Each unit features an open-concept layout with exposed

    325 E Park Ave, Waterloo, IA 50703
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    $1,300 per month

    Riverwalk Residences

    2 Beds

    924 Sycamore St, Waterloo, IA 50703

    Welcome to Riverwalk Residences, a gated community located in the heart of Waterloo, IA. Our apartments offer a secure and peaceful living environment, perfect for those seeking a comfortable and convenient lifestyle. With our secured entry system, you can rest easy knowing that your safety is our top priority. Enjoy the convenience of having a garage right at your doorstep, providing ample space

    924 Sycamore St, Waterloo, IA 50703
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    $885 - $905 per month

    Edgemont Park Apartments

    1 Bed

    3322 Tropic Ln, Waterloo, IA 50702

    Nestled in private yet convenient location between Kimball and Ridgeway in SW Waterloo is the home you’ve been waiting for! Edgemont Park Apartments has convenient access to highways 20, 218, & 380, plus it’s only minutes from the Crossroads shopping area and Hawkeye Community College.These centrally located apartment homes feature updated kitchens complete with stoves and refrigerators;

    3322 Tropic Ln, Waterloo, IA 50702
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    $1,049 - $1,850 per month

    The Grand Crossing

    1 - 2 Beds

    45 W Jefferson St, Waterloo, IA 50701

    CURRENT SPECIALS- $500 deposit. We'll waive the deposit for military & first responders.- Afraid of commitment? We have flexible lease lengths!SNAPSHOT- A new complex in a prime location- Easy access to Hwy 218 and Hwy 63- Property Manager on-site- Ideal for students or professionals working in Cedar Falls, Waterloo, or surrounding areas- Walking distance to

    45 W Jefferson St, Waterloo, IA 50701
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    $1,900 per month

    Summerland Twinhomes | Waterloo | Near Los...

    3 Beds

    105 Harvey Dr, Waterloo, IA 50701

    SPECIAL OFFER: 1st month's rent free. Lease must start before 3/31/2025. Offer valid with a 12 month lease only.Welcome to Summerland Twinhomes in Waterloo, IA! These townhouses offer convenient living with amenities such as a parking lot for residents, an online maintenance portal for easy service requests, and online rent payment for hassle-free transactions. Enjoy the spacious lawn

    105 Harvey Dr, Waterloo, IA 50701
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    $920 per month

    Leavitt Park Apartments - Waterloo, IA

    2 Beds

    1008-1024 Leavitt St, Waterloo, IA 50702

    Welcome to Leavitt Park Apartments, located in the vibrant city of Waterloo, IA. Our community offers a range of amenities designed to enhance your living experience. With our convenient online rent payment and maintenance portal, managing your apartment has never been easier. Rest assured knowing that our secured entry system provides a safe and secure environment for you and your furry friends,

    1008-1024 Leavitt St, Waterloo, IA 50702
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    $675 - $1,145 per month

    Russell Lamson

    Studio - 3 Beds

    209 W 5th St, Waterloo, IA 50701

    The past and present live harmoniously together in the magnificently restored Russell Lamson Hotel. Here you can enjoy relaxing scenic river views and walk to downtown shopping, restaurants & entertainment. The new and completely renovated 8-story Russell Lamson building offers luxury living at a truly affordable price. Our community consists of 90 remodeled apartment homes, each of which has

    209 W 5th St, Waterloo, IA 50701
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    $975 per month

    Kinsale Condominiums

    2 Beds

    100 Tunis Cir, Waterloo, IA 50701

    Brand new community in Waterloo. We are located right off of Greenhill Road at the old Tunis Raceway location. Each of our units has a private limited access entry. The interiors include tile kitchen and baths, lots of storage and beautiful brand new carpet. All brand new appliances are provided including a brand new washer and dryer in each apartment home. Call today for details! We are

    100 Tunis Cir, Waterloo, IA 50701
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    $775 per month

    Apartment for Rent

    3 Beds

    1224-1282 W Mullan Ave, Waterloo, IA 50701

    1224-1282 W Mullan Ave, Waterloo, IA 50701
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    $1,100 - $1,200 per month

    Whispering Meadows Condominiums

    2 Beds

    1867 Pinehurst Ct, Waterloo, IA 50701

    Welcome to Whispering Meadows Condominiums, a peaceful and well-maintained community in South Waterloo. This spacious two-bedroom, one-and-a-half bath condo offers approximately 1,000 square feet of comfortable single-story living with updated windows, an in-unit washer and dryer, and a bright, open layout. Select homes include an attached private garage for added convenience. Nestled among

    1867 Pinehurst Ct, Waterloo, IA 50701
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    $625 - $850 per month

    Meadow Ridge Apartments

    1 - 3 Beds

    765-791 Russell Rd, Waterloo, IA 50701

    Welcome to 791 Russell Rd in Waterloo, IA! This open concept living space features a large living room perfect for entertaining guests or relaxing after a long day. Located in a convenient area, you'll have easy access to shopping, dining, and entertainment options. Take advantage of our rent special offer with 1/2 off your first month's rent. Don't miss out on this opportunity to make this

    765-791 Russell Rd, Waterloo, IA 50701
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    $1,150 - $1,250 per month

    Apartment for Rent

    2 Beds

    3714 Ravenwood Cir, Waterloo, IA 50702

    Now leasing beautiful 2 bed, 2 bath Condo.Quiet neighborhood near Menards on Waterloo's south side.2 Bedroom, 2 Bath, private parking lot with garages available.Large covered decks or patios.Security building.

    3714 Ravenwood Cir, Waterloo, IA 50702
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    $850 per month

    Apartment for Rent

    2 Beds

    1150 Home Park Blvd, Waterloo, IA 50701

    1150 Home Park Blvd, Waterloo, IA 50701
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    $700 per month

    • 1 Bed
    • 1 Bath
    • 540 Sq Ft
    • Condo for Rent

    1202 W 2nd St, Waterloo, IA 50701

    Property Id: 21415051 Bedroom, 1 Bedroom quite area big yard has a shed for extra storage

    1202 W 2nd St, Waterloo, IA 50701
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    $850 per month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    314 Locust St Unit 3, Waterloo, IA 50701

    Property Id: 2070269Welcome to your new home at 314 Locust St in Waterloo, IA! This charming 3 bedroom, 1 bathroom apartment is available starting August 6, 2025. Rent for this unit is $800.00, with sewage, water, and garbage included. No smoking or pets allowed. Don't miss out on this fantastic opportunity! Electric, gas not included.

    314 Locust St Unit 3, Waterloo, IA 50701
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    $1,300 per month

    • 2 Beds
    • 1 Bath
    • 1,330 Sq Ft
    • House for Rent

    1238 S Hill Dr, Waterloo, IA 50701

    Fantastic opportunity to rent a home in a well established neighborhood & convenient location! Main floor living at its best with over1300+ sq. ft. including a back family room that could double as a 3rd bedroom, if needed. Upon entering the home you'll appreciate all the natural light that streams into the living room. The kitchen offers original cabinetry in impeccable condition and main floor

    1238 S Hill Dr, Waterloo, IA 50701
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    $750 per month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    911 Lafayette St Unit 913.5, Waterloo, IA 50703

    This 2-bedroom, 1-bathroom property at 911 Lafayette St offers 900 square feet of living space. The living room features ample natural light and connects directly to the kitchen, which includes essential appliances. Each bedroom provides sufficient space for furniture and storage. The bathroom is equipped with standard fixtures and includes a shower/tub combination. The exterior of the property

    911 Lafayette St Unit 913.5, Waterloo, IA 50703
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    $2,095 per month

    • 3 Beds
    • 2 Baths
    • 1,636 Sq Ft
    • House for Rent

    1429 Columbus Dr, Waterloo, IA 50702

    This fantastic home, nestled on a quiet cul de sac, boasts a 0.72 acre lot that makes you feel like you're in the country! Step inside the front door, and you'll love the updates you find. A beautiful kitchen is the focal point of the open concept main level. The backsplash, stainless appliances, and under cabinet lighting make this kitchen shine, while the center island provides a perfect spot

    1429 Columbus Dr, Waterloo, IA 50702
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    $1,100 per month

    • 3 Beds
    • 1.5 Baths
    • 1,388 Sq Ft
    • House for Rent

    1212 Randolph St, Waterloo, IA 50702

    New Listing.1212 Randolph St.$1100/month rent $1100 deposit. Locally owned and managed. Tenant pays all utilities. Tenant maintains yard and performs snow removal. If interested drive by and call to set up appointment for tour.Features included:Stove/RefrigeratorLarge dining roomSpacious kitchenLarge living roomEntrance enclosed porchRear enclosed porchPrivacy

    1212 Randolph St, Waterloo, IA 50702
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    $1,000 per month

    • 2 Beds
    • 1 Bath
    • 1,122 Sq Ft
    • House for Rent

    1301 Grant Ave, Waterloo, IA 50702

    1301 Grant Ave. Locally owned and managed. Sec 8 not accepted.Spacious house for rent. $1000/month $1000 deposit.Hardwood floors throughout2 spacious bedrooms2 walk in closets off both bedroomsShower /tub combinationPrivacy fence surrounds rear yardBrick patio in rear yard3 season porch front of houseLocated on corner lotLarge living roomLarge dining

    1301 Grant Ave, Waterloo, IA 50702
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    $1,200 per month

    • 3 Beds
    • 1 Bath
    • 1,344 Sq Ft
    • House for Rent

    1227 Williston Ave, Waterloo, IA 50702

    Spacious 3 bedroom with Hardwood Floors. Sits on corner lot.LOCALLY OWNED AND MANAGED.Sec 8 not accepted.Features Include:New Carpet complete 2 floor Large Living room with hardwood FloorsLarge Dining room with hardwood FloorsStove/RefrigeratorShower/Tub combination3 large bedrooms with Walk In closetsBasement with washer/Dryer hook

    1227 Williston Ave, Waterloo, IA 50702
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    $550 per month

    • 1 Bed
    • 1 Bath
    • 552 Sq Ft
    • House for Rent

    440 Florence St, Waterloo, IA 50703

    1 bedroom duplex (Upper). Sits on corner lot with fencing surrounding rear yard. Locally owned and managed by GEMPropertiesLLC. $550 monthly rent and $550 Deposit. Features Include:Refinished Hardwood Floors in Living Room and BedroomNew Tile in KitchenEntire space painted in light greyNew Blinds throughoutNew AppliancesShowerPrivate DrivewayVinyl

    440 Florence St, Waterloo, IA 50703
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    $1,495 per month

    • 4 Beds
    • 2 Baths
    • 1,414 Sq Ft
    • House for Rent

    1607 Plymouth Ave, Waterloo, IA 50702

    This stunning 4 bedroom/ 1.75 bath home has many updates throughout. The new modern kitchen with luxury finishes will wow you. All new stainless appliances & equipped with a dishwasher. This home has a cozy living room and a remodeled main floor bathroom accompanied with 3 main floor bedrooms. Traveling to the master suite in the basement, with so much versatility and can double as a family room.

    1607 Plymouth Ave, Waterloo, IA 50702
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    $900 per month

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

    115 Harwood Ave, Waterloo, IA 50701

    This beautifully updated 2-bedroom, 1-bath home is ideally located in a quiet neighborhood.Features Include:** Washer and Dryer in unit** Detached 1-stall garage** Fresh paint and updated flooring throughout** Central airAdditional Details:*Average utilities:*Tenant takes care of all lawn care and snow removal*No pets

    115 Harwood Ave, Waterloo, IA 50701
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    $1,750 per month

    • 1 Bed
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    321 Belle St Unit 321 Belle St, Waterloo IA, Waterloo, IA 50702

    Nature's paradise. One bedroom, one bath unit overlooking the tranquil Cedar River. Experience a variety of river and wildlife activities right outside your back door. You have your own boat ramp right into the river. Offered furnished with options. Single stall enclosed garage negotiable. All utilities included, including internet and cable, Lawn Care and snow removal. Available now. Serious

    321 Belle St Unit 321 Belle St, Waterloo IA, Waterloo, IA 50702
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    $1,490 per month

    • 2 Beds
    • 1.5 Baths
    • 1,300 Sq Ft
    • House for Rent

    1909 Harrow Rd, Waterloo, IA 50701

    Available Now! Recently updated duplex in a very quiet neighborhood! Split level unit with two living areas and bathrooms on each level of the home. In unit laundry and attached one car garage with ample storage space. Large back yard! Lawn care and snow removal included. Contact me today to set up a time to check out this property!

    1909 Harrow Rd, Waterloo, IA 50701
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    $1,325 per month

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

    1171 Bourland Ave, Waterloo, IA 50702

    3 bed 1 bath ranch home in West Waterloo. Home has granite countertops, fenced yard, 1 1/2 stall garage, updated bathroom, and wood floors throughout. Available Oct 1st.

    1171 Bourland Ave, Waterloo, IA 50702
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    $1,600 per month

    • 4 Beds
    • 1 Bath
    • 1,450 Sq Ft
    • Townhouse for Rent

    332 E Ridgeway Ave, Waterloo, IA 50702

    Commercial Property332 E Ridgeway Ave Waterloo, IA 50702$1600 + NNNWater/Utilities on TenantTrash on LL

    332 E Ridgeway Ave, Waterloo, IA 50702
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    $1,500 per month

    • 3 Beds
    • 2.5 Baths
    • 1,350 Sq Ft
    • Townhouse for Rent

    3666 Ravenwood Cir, Waterloo, IA 50702

    Now leasing buetiful 3 bed, 2 1/2 bath townhome.Quiet neighborhood near Menards on Waterloo's south side. 3 Bedroom, 2 1/2 Bath, single stall garage.Large back yard with patio.

    3666 Ravenwood Cir, Waterloo, IA 50702
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    $1,200 per month

    • 2 Beds
    • 1 Bath
    • 1,160 Sq Ft
    • Condo for Rent

    4004 University Ave Unit 12, Waterloo, IA 50701

    2 bedroom, 1 bath condo-style apartment in a central Cedarloo location. This is a 3rd floor unit. These are very spacious 1160 sq ft apartments and feature washer and dryer within the unit; other appliances include: range, refrigerator and microwave above the range. Each unit has 1 garage stall, with opener, included in the price. Tenant pays water and electricity. Average utilities are around

    4004 University Ave Unit 12, Waterloo, IA 50701
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    $1,100 per month

    Apartment for Rent

    2 Beds

    2557 W 3rd St, Waterloo, IA 50701

    2557 W 3rd St, Waterloo, IA 50701
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    $795 per month

    228 Spaces - Furnished Micro-Living Apartm...

    Studio

    4117 University Ave, Cedar Falls, IA 50613

    Welcome to 228 Spaces, the premier furnished micro-living apartments in Cedar Falls, IA. Our recently renovated units feature key fob entry for secured access, along with on-site fitness center and laundry facilities for your convenience. Enjoy the ease of online rent payment and maintenance requests through our user-friendly portals. With public transportation and surface parking available,

    4117 University Ave, Cedar Falls, IA 50613

Why Live in Waterloo

Waterloo combines family entertainment and outdoor recreation with the Lost Island Waterpark and adjacent Theme Park providing summer thrills. The Cedar Valley Arboretum & Botanic Gardens creates peaceful spaces for nature walks, while the Cedar Valley Nature Trail system extends through the city for hiking and biking. Cultural attractions include the Grout Museum District, Sullivan Brothers Iowa Veterans Museum, and the Waterloo Center for the Arts. The dining scene features local institutions like The Brown Bottle, housed in the historic Russell Lamson Building since 1972, alongside casual spots such as SingleSpeed Brewing and El Patron Family Mexican Restaurant.

The housing market presents diverse options across price points. The median sale price for homes in Waterloo is $164,000. Single family homes comprise most available properties, with median prices varying by neighborhood from $60,500 in Cityview to $140,600 in Maywood. The median townhome price sits at $97,400, while one bedroom condos have a median price of $83,900 and two bedroom condos $159,400.

The cost of living in Waterloo stands 13.1% below the national average. A family with school age children needs approximately $92,000 annually to live comfortably, while renters require about $44,000. Property taxes in Black Hawk County run 1.53%, with a 6.94% combined sales tax rate. Monthly housing costs average $1,900 for families and $1,300 for renters. Groceries cost about 4% less than the national average.

Waterloo Christian School serves multiple neighborhoods with AMinus ratings for its elementary through high school programs. Major employers include John Deere's manufacturing facility, UnityPoint Health, and Tyson Fresh Meats. The Metropolitan Transit Authority connects Waterloo to Cedar Falls, while the regional airport provides commercial flights. Downtown features historic architecture, shops, and the RiverLoop Amphitheatre along the Cedar River.

Frequently Asked Questions

What are the most popular neighborhoods in Waterloo, IA for renters?
The most popular neighborhoods in Waterloo, IA for renters are Downtown Waterloo, Church Row and Neighbors Helping Neighbors.
What are the most popular zip codes in Waterloo, IA for renters?
The most popular zip codes in Waterloo, IA for renters include 50613, 50701, 50703, 50702 and 50677.
How to Rent a Home