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Luxury Homes for Rent in Waterloo, IA

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    Starting at $1,900 Per Month

    • 3 Beds

    105 Harvey Dr, Waterloo, IA 50701

    Check out our beautiful Summerland Twinhomes located in Waterloo near Lost Island Waterpark!SUMMARY INFORMATION- Beautiful, open layout townhome located in a quiet neighborhood in Waterloo- Tenants pay all utilities- Lawn Care Included- Attached 1 Stall Garage- Deposit $1000- Finished Basement- Attached DeckBENEFITS- Quiet Community-

    Summerland

    105 Harvey Dr, Waterloo, IA 50701
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    Starting at $1,110 Per Month

    • Studio - 1 Bed

    335 Cedar St, Waterloo, IA 50701

    ****TWO MONTHS FREE WITH A 12 MONTH LEASE****- Brand-new apartments in Downtown Waterloo next to the RiverLoop Amphitheater- Cedar River views from every unit- Modern finishes including slate appliances, quartz countertops, and vinyl flooring- In-unit washer and dryer- Assigned covered parking available for an additional $75/month- Furnished units

    Art Bloc

    335 Cedar St, Waterloo, IA 50701
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    $1,800 Per Month

    • 2 Beds
    • 2 Baths
    • 1,127 Sq Ft
    • House for Rent

    5814 Summerland Dr, Waterloo, IA 50701

    SNAPSHOT– Beautiful, open layout townhome located in a quiet neighborhood in Waterloo– Large living space and spacious bedrooms– hardwood flooring, new cabinetry, and stainless appliances– Attached 2 stall garageBENEFITS– Lawn care included– Love pets? Your dog/cat is welcome! See our Pet Policy– Online Payments Accepted– Online Rental

    5814 Summerland Dr, Waterloo, IA 50701
  • /6

    $1,800 Per Month

    • 3 Beds
    • 1.5 Baths
    • 2,516 Sq Ft
    • House for Rent

    110 Montrose Rd, Waterloo, IA 50701

    Spacious 3-bedroom, 1.5-bathroom home in an ideal neighborhood! This ranch features a remodeled kitchen, new flooring and a large yard to enjoy this summer. Don't miss out on this home!

    110 Montrose Rd, Waterloo, IA 50701
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    $1,750 Per Month

    • 3 Beds
    • 2 Baths
    • 2,400 Sq Ft
    • Townhouse for Rent

    2543 Edgemont Ave, Waterloo, IA 50702

    Spacious 3-bed, 2-bath duplex in Waterloo offering convenient in-unit laundry and included appliances. The unit features multiple garage options: an attached garage stall plus a two-stall detached garage, providing a total of three garage stalls. Spacious living room upstairs and an extra living space in the basement. Plus an additional 3-season living room with a fireplace, perfect for hosting!

    2543 Edgemont Ave, Waterloo, IA 50702
  • /9

    $1,725 Per Month

    • 3 Beds
    • 3.5 Baths
    • 1,152 Sq Ft
    • Townhouse for Rent

    1325 Creekside Ct, Waterloo, IA 50702

    Welcome to your new home! This modern 3-bedroom, 3.5-bathroom townhome offers comfort, style, and convenience in one perfect package.Step inside to find two expansive living room spaces, ideal for entertaining or creating a separate family/media room. The kitchen and dining area flow seamlessly into the back deck—perfect for relaxing outdoors or hosting gatherings. Each bedroom is

    1325 Creekside Ct, Waterloo, IA 50702
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    $1,695 Per Month

    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • House for Rent

    4152 Suburban Dr, Waterloo, IA 50702

    Welcome home to this spacious 3-bedroom, 2-bathroom split-foyer home located in a quiet neighborhood. The home offers a comfortable and functional layout with plenty of space for everyday living. The kitchen comes equipped with a dishwasher and flows into a charming dining area, creating a comfortable and inviting space to enjoy meals with family and friends. Outside, enjoy a fully fenced-in

    4152 Suburban Dr, Waterloo, IA 50702
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    $1,650 Per Month

    • 4 Beds
    • 2 Baths
    • 2,100 Sq Ft
    • House for Rent

    905 Bishop Ave, Waterloo, IA 50707

    Property Id: 2871295 905 Bishop Ave, Waterloo, IA 50707 4 Bedrooms | 2.5 Bathrooms | Approx. 2,100 Sq. Ft. | Finished Basement | 2-Car Garage Welcome to this spacious and updated 4-bedroom, 2.5-bath home located in the quiet and desirable Maywood neighborhood. With approximately 2,100 square feet of living space, a finished basement, generous backyard, and attached 2-car garage,

    905 Bishop Ave, Waterloo, IA 50707
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    Starting at $1,100 Per Month

    • Studio

    325 E Park Ave, Waterloo, IA 50703

    ****ONE MONTH FREE WITH A 12 MONTH LEASE****- Unique historic preservation property with one-of-a-kind architecture and layouts- 27 loft-style residences, each with its own design and character- Open-concept floor plans featuring exposed masonry walls, bridge trusses, and concrete columns- On-site fitness center- Security deposit alternative option

    Park Avenue Lofts The Temple

    325 E Park Ave, Waterloo, IA 50703
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    Starting at $1,417 Per Month

    • 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

    Grand Crossing

    45 W Jefferson St, Waterloo, IA 50701
  • /2

    $1,350 Per Month

    • 5 Beds
    • 2.5 Baths
    • 1,536 Sq Ft
    • House for Rent

    1266 E Orange Rd, Waterloo, IA 50701

    Large 5 bedroom house with 2.5 bathrooms. Lots of character with updates. Located across from Hawkeye Community College. Lots of space and large yard. All appliances included. Must See!!

    1266 E Orange Rd, Waterloo, IA 50701
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    Starting at $1,250 Per Month

    • 1 Bed

    220 Rapids Square, Waterloo, IA 50702

    Welcome to Prairie Rapids 2, a brand-new apartment community in Waterloo, Iowa, offering modern 1 bedroom, 1 bathroom apartments designed for comfortable, convenient living. Each apartment features spacious open concept layouts, modern finishes, in-unit washer and dryer, and controlled access building. Prairie Rapids 2 is ideally located at the corner of E. Ridgeway Avenue and Kimball Ave giving

    Prairie Rapids II

    220 Rapids Square, Waterloo, IA 50702
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    $1,300 Per Month

    • 4 Beds
    • 1.5 Baths
    • 1,320 Sq Ft
    • House for Rent

    126 W Wellington St, Waterloo, IA 50701

    **Spacious 4-Bedroom Home for Rent – 126 Wellington, Waterloo**Welcome to **126 Wellington!** This spacious **4-bedroom, 1.5-bathroom home** offers plenty of room and a comfortable, functional layout.With four bedrooms, there is plenty of flexibility for additional living space, a home office, or extra storage. Conveniently located in Waterloo with easy access to shopping, dining,

    126 W Wellington St, Waterloo, IA 50701
  • /8

    $1,285 Per Month

    • 3 Beds
    • 1.5 Baths
    • 768 Sq Ft
    • House for Rent

    606 Maxwell St, Waterloo, IA 50701

    This updated 3-bedroom, 1.5-bathroom, ranch style home offers the perfect blend of upgrades and functional space, featuring newer Luxury Vinyl Plank (LVP) flooring throughout and updated bathroom. Stay comfortable year-round with Central AC and enjoy the bonus of an additional non-conforming basement space that can easily serve as a second living room or storage area. In the basement you will

    606 Maxwell St, Waterloo, IA 50701
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    Starting at $1,250 Per Month

    • 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

    Riverwalk Residences

    924 Sycamore St, Waterloo, IA 50703
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    $1,250

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • Townhouse for Rent

    2010 Upton Ave, Waterloo, IA 50701

    Newly renovated duplex with a connected garage and in unit laundry

    2010 Upton Ave, Waterloo, IA 50701
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    $1,250 Per Month

    • 5 Beds
    • 2 Baths
    • 1,572 Sq Ft
    • House for Rent

    824 Logan Ave, Waterloo, IA 50703

    **MOVE IN PROMO 1ST MONTH OFF WITH 13 MONTH LEASE**Welcome to this recently remodeled, spacious 4-bedroom, 2-bathroom home located in the vibrant city of Waterloo, IA. This property offers an abundance of space, perfect for those who value comfort and room to breathe. The home has been tastefully updated, blending modern aesthetics with functionality. The convenience of multiple bathrooms

    824 Logan Ave, Waterloo, IA 50703
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    $1,250 Per Month

    • 3 Beds
    • 1.5 Baths
    • 912 Sq Ft
    • House for Rent

    100 Norfolk Rd, Waterloo, IA 50701

    Text to schedule a showing!Located right off W 4th St, just blocks from Ansborough Hyvee. 3 bedroom, 1.5 bath home for rent. Full bathroom on main level. Toilet, vanity, and stand alone shower in unfinished laundry room with washer/dryer hookups in basement. Basement is otherwise finished with possibility of 4th bedroom! Large corner lot with 2 stall garage, driveway, front porch, back

    100 Norfolk Rd, Waterloo, IA 50701
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    $1,250 Per Month

    • 3 Beds
    • 1.5 Baths
    • House for Rent

    1437 W 2nd St, Waterloo, IA 50701

    3 Bed 2 Bath house with 2 car garage in West Waterloo. KINGLSEY ELEMENTARY SCHOOL!!! Hardwood floors throughout! All appliances of Fridge, Stove, Washer Dryer all included! Fenced in back yard! 2 Car Garage! Will consider pets We accept Section 8 on all units We will check rental history and landlord references

    1437 W 2nd St, Waterloo, IA 50701
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    $1,250 Per Month

    • 2 Beds
    • 2 Baths
    • 1,054 Sq Ft
    • Condo for Rent

    920 Sycamore St Unit 920-07, Waterloo, IA 50703

    920 Sycamore St Unit 920-07, Waterloo, IA 50703
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    $1,250 Per Month

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

    4039 Niles St, Waterloo, IA 50703

    TEXT to schedule a showing. Remodeled 3 bedroom, 1 bathroom home for rent located in Northeast Waterloo. New flooring, cabinets, quartz counters, walk in shower in quiet neighborhood. Fridge, stove, and central A/C. Driveway for off street parking. Large, clean basement for storage and washer/dryer hookups. Tenant responsible for all utilities, lawn care and snow

    4039 Niles St, Waterloo, IA 50703
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    Starting at $1,045 Per Month

    • 2 - 3 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.

    Pineview Place Apartments

    3855 Pineview Place, Waterloo, IA 50701
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    Starting at $800 Per Month

    • 1 - 3 Beds

    3330 E 4th St, Waterloo, IA 50703

    Waterloo, Iowa Affordable Housing CommunityDiscover our 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 Waterloo, Iowa.

    Union at North Crossing

    3330 E 4th St, Waterloo, IA 50703
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    $1,200 Per Month

    • 4 Beds
    • 1.5 Baths
    • 1,468 Sq Ft
    • House for Rent

    1011 Logan Ave, Waterloo, IA 50703

    4-Bedroom Home for Rent Welcome to your new home! This spacious 4-bedroom, 1.5-bathroom house offers plenty of room for you and your family. It features a cozy front porch, a bright living space, and a well-maintained kitchen with modern flooring. Each bedroom provides ample natural light, and the home is surrounded by mature trees, offering privacy and a peaceful atmosphere. Key

    1011 Logan Ave, Waterloo, IA 50703
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    Starting at $1,175 Per Month

    • 2 Beds

    150 Rapids Square, Waterloo, IA 50702

    Welcome to Prairie Rapids in Waterloo-where style meets convenience. Enjoy spacious open-concept living with modern finishes throughout, designed for both comfort and function. Relax on your private screened-in balcony and take in the surroundings year-round. With a prime location close to shopping, dining, and major roadways, Prairie Rapids offers the perfect blend of modern living and everyday

    Prairie Rapids

    150 Rapids Square, Waterloo, IA 50702
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    $1,175 Per Month

    • 3 Beds
    • 1 Bath
    • 1,320 Sq Ft
    • House for Rent

    1027 Columbia St, Waterloo, IA 50703

    Remodeled 3 bedroom, 1 bath home for rent in Waterloo. Brand new paint and flooring throughout, new cabinets/counter. Brand new fridge and stove included. Good sized bedrooms. Washer/dryer hookups in basement.Tenant responsible for all utilities, lawn care, and snow removal.Some pets allowed with extra charge.We run a full criminal and eviction record. Applicants must have

    1027 Columbia St, Waterloo, IA 50703
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    Starting at $652 Per Month

    • Studio - 3 Beds

    209 W 5th St, Waterloo, IA 50701

    Welcome to Russell Lamson Apartments. We have a lot to offer for anyone interested in moving to the downtown Waterloo area. Within walking distance from the building are the public library, Co-op, farmer's market, Community Playhouse, Youth Pavillion, biking and walking trails, a variety of eateries and more. Inside our doors the old and the new are seamlessly paired to create a living

    Russell Lamson

    209 W 5th St, Waterloo, IA 50701
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    $1,100 Per Month

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

    2223 Falls Ave, Waterloo, IA 50701

    Centrally located betweek Waterloo and Cedar Falls, this charming home just off Ansborough is the perfect location for your new home. This home features a single car garage and off street parking in the alley. There are 2 bedrooms and hardwood floors on the main level. The basement is perfect for a family room, game room or extra storage.There are laundry hookups but tenant provides machines. All

    2223 Falls Ave, Waterloo, IA 50701
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    $1,100 Per Month

    • 4 Beds
    • 1 Bath
    • House for Rent

    203 Elmwood St, Waterloo, IA 50701

    4 Bedroom 1 Bathroom HOUSE in West Waterloo at 203 Elmwood. All appliances of refrigerator, stove, washer and dryer all provided. One bedroom on main floor. Other bedrooms and bathroom is on the second floor. Big rooms, tall ceilings. Central air. Enclosed front porch. Very small yard. Off street parking (single driveway). Tenant pays for all utilities, and is responsible for lawn and snow

    203 Elmwood St, Waterloo, IA 50701
  • /9

    $1,075 Per Month

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

    1324 Stratford Ave, Waterloo, IA 50701

    Great location off Ansborough Ave and only 1 Block from a city park.Large Kitchen and Dining areaLarge living room1 bedroom and bath on the main floor2 bedrooms upstairs with built in cupboard and drawers.Unfinished basement with washer dryer hook upsOff street parking off alley.All utilities paid by tenantYard work and snow removal is tenant responsibility.

    1324 Stratford Ave, Waterloo, IA 50701
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    $1,050 Per Month

    • 3 Beds
    • 2 Baths
    • 1,051 Sq Ft
    • House for Rent

    111 French St, Waterloo, IA 50703

    A cozy 3 bedroom two bathroom home with all the essentials. A functional kitchen, perfect for entertaining, and a garage for your car or extra storage and a yard for sunny days. This home offers comfort without the fuss. A place you can truly call home. No central Ac

    111 French St, Waterloo, IA 50703
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    $1,025 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,008 Sq Ft
    • House for Rent

    302 Sherman Ave, Waterloo, IA 50703

    This home is a must see! Depending on your family needs this home is flexible with either 4 bedrooms or 3 and a home office. Full bath on the main floor with a half bath in the lower level.Stove and Refrigerator are furnished Washer Dryer hookups in partially finished basement.3 season porch on side of house for additional spaceDouble stall garageNo section 8Tenant

    302 Sherman Ave, Waterloo, IA 50703
  • /15

    $1,025 Per Month

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

    1022 Forest Ave, Waterloo, IA 50702

    Welcome to this charming 2 bedroom, 1 bathroom home in Waterloo, IA. This cozy house features a convenient 1 stall garage, perfect for keeping your vehicle safe from the elements. Enjoy the convenience of having a washer and dryer right in your own home, making laundry day a breeze. The enclosed porch provides a lovely space to relax and enjoy the outdoors without having to leave the comfort of

    1022 Forest Ave, Waterloo, IA 50702
  • /10

    $1,000 Per Month

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

    608-610-610 Martin Rd Unit 610, Waterloo, IA 50701

    Property Id: 2419594 $1,000/month - 2 Bed, 1 Bath Upper Duplex Spacious 996 sq. ft. upper-level duplex unit located in a quiet, pet-friendly neighborhood just outside a prairie reserve. Features include: * 2 bedrooms, 1 bathroom * New central A/C * In-unit washer & dryer * Dishwasher * Large kitchen and dining area * Private deck * One-stall

    608-610-610 Martin Rd Unit 610, Waterloo, IA 50701
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    $1,000 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,064 Sq Ft
    • House for Rent

    89 Newell St, Waterloo, IA 50703

    Text to schedule a showing.3 bedroom, 1.5 bathroom home for rent in Waterloo. Bedrooms and living room have new carpet. 2 stall detached garage, central air, and a screened in back porch. Has a large partially fenced in yard. Fridge and stove included. Washer and dryer hookups on main level and a spacious clean basement can be used for storage.Tenant responsible for all

    89 Newell St, Waterloo, IA 50703
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    $1,000 Per Month

    • 3 Beds
    • 1 Bath
    • 1,536 Sq Ft
    • House for Rent

    543 Sumner St, Waterloo, IA 50703

    Description: Three-bedroom home how available. This home has been completely updated! Schools: Lincoln Elementary, George Washington Carver, East High SchoolUtilities Included: NoneAverage Utilities: $120/monthMove-In Costs: $1000 Deposit, $1000 RentLawn/Snow: Resident ResponsibilityPets/Animals: Pets allowed on a case-by-case basis, $50/monthSection 8: Not

    543 Sumner St, Waterloo, IA 50703
  • /10

    $1,000 Per Month

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

    917 Kern St, Waterloo, IA 50703

    3 Bedroom, 1 BathNew flooring in living room and both main floor bedroomsLarge bedroom on second floor with large storage/closet area.Detached GarageTenant responsible for all utilities, lawn care and snow removalSchools: Lincoln Elementary, George Washington Carver, Waterloo East HighRent 1000.00/month Security Deposit 1000.00 Pets considered for additional monthly

    917 Kern St, Waterloo, IA 50703
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    $1,000 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,344 Sq Ft
    • House for Rent

    119 Allen St, Waterloo, IA 50701

    Charming 3-Bedroom Home with 2.5 Bathrooms Welcome to this spacious, newly renovated 3-bedroom, 2.5-bathroom home perfect for families or roommates! Located in a quiet neighborhood, this two-story home offers both comfort and convenience. Key Features: 3 Bedrooms: Spacious and freshly painted rooms with new carpet and plenty of closet space. 2.5 Bathrooms: Newly updated, including a

    119 Allen St, Waterloo, IA 50701
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    Starting at $995 Per Month

    • 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

    Kinsale Condominiums

    100 Tunis Cir, Waterloo, IA 50701
  • /17

    $995 Per Month

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

    1359 Garden Ave, Waterloo, IA 50701

    Discover this 3-bedroom, 1-bath bungalow in Waterloo located at 1359 Garden. The main-level bedroom and full bathroom offer convenient single-floor living, while a full unfinished basement provides flexible storage or project space. The home includes a washer/dryer hookup and sits on a large yard with easy access to Ansborough Ave. Pets ok with additional application approval and one time fee *no

    1359 Garden Ave, Waterloo, IA 50701

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Frequently Asked Questions

How much does it cost to rent a home in Waterloo, IA?
The median rent for a home in Waterloo, IA is $850 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Waterloo, IA?
To comfortably afford the median rent in Waterloo, IA, a household needs to earn roughly $34,000 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 $850 per month in Waterloo, IA, renters typically need to show $2,550 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 Waterloo, IA?
In Waterloo, 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 Waterloo, IA are best for renting a home?
The best neighborhood for renting in Waterloo, IA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Church Row, Neighbors Helping Neighbors, West Central, Cedar River and Franklin Gateway, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
116
Median Rent
$850
Median Single Family Home Rent
$900
Median Townhouse Rent
$700
Median Condo Rent
$738
How to Rent a Home