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Luxury Homes for Rent in Waterloo, IA

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  • /14

    $2,100 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,300 Sq Ft
    • House for Rent

    1915 Mayfair St, Waterloo, IA 50701

    This amazing house has great curb appeal, an awesome layout plus four stalls of garage! As you enter this split level home, you are greeted by the spacious living room that is connected to the dining room and kitchen. The kitchen is huge and has loads of cabinetry and counter space. You will also appreciate a great serving bar to make entertaining friends and family super convenient. The other

    1915 Mayfair St, Waterloo, IA 50701
  • /19

    $2,000 Per Month

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • Townhouse for Rent

    5482 Summerland Dr, Waterloo, IA 50701

    Welcome to 5482 Summerland Dr, a modern and stylish duplex located in Waterloo, IA. This spacious home features 2 bedrooms and 2 bathrooms, providing ample space for comfortable living. With a 2 stall attached garage, you'll have convenient and secure parking for your vehicles. Enjoy the ease of online rent payment and maintenance requests through our user-friendly portals. We offer flexible

    5482 Summerland Dr, Waterloo, IA 50701
  • /10

    $1,900 Per Month

    • 3 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • House for Rent

    3029 Saratoga Dr, Waterloo, IA 50702

    This three bedroom, two bathroom home in Waterloo is ready for you! When you walk in, you are greeted by the open living room and kitchen that is flooded in natural light and great flooring throughout the main floor. The kitchen features wood toned cabinets, a center island with bar seating, white appliances, and offers access to the rear deck through a sliding glass door. Private Landlord is a

    3029 Saratoga Dr, Waterloo, IA 50702
  • /51

    Starting at $1,360 Per Month

    • 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

    Grand Crossing

    45 W Jefferson St, Waterloo, IA 50701
  • /100

    Starting at $1,110 Per Month

    • Studio - 1 Bed

    335 Cedar St, Waterloo, IA 50701

    The Arts Mall is a brand new complex located in Downtown Waterloo next to the River Loop Amphitheater. With 72 units, you are sure to find a unique space to fit your needs! Each unit features slate finished appliances, vinyl flooring, and quartz counter-tops and offers a view of the Cedar River. Located in Downtown Waterloo, you will have easy access to local breweries, restaurants, the Cedar

    Art Bloc

    335 Cedar St, Waterloo, IA 50701
  • /20

    $1,800 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,986 Sq Ft
    • House for Rent

    1514 Hummingbird Cir, Waterloo, IA 50702

    This home has been loved and is in immaculate condition. Featuring 3 bedrooms on the upper level (one is an owner's suite with a walk-in closet and a 3/4 bath), 2 full baths and 2 half baths, a nice sized living room, newly finished family room in the lower level and a kitchen to die for! Hardwood flooring, fresh paint, nice concrete patio and front porch..... Existing stove, refrigerator,

    1514 Hummingbird Cir, Waterloo, IA 50702
  • /5

    $1,800 Per Month

    • 2 Beds
    • 2 Baths
    • 1,250 Sq Ft
    • Townhouse for Rent

    2901 Cohen Ln, Waterloo, IA 50701

    Experience the epitome of modern elegance at Summerland Park in Waterloo, IA. These brand new 2 bedroom, 2 bathroom duplex homes offer luxury living at its finest. Enjoy the convenience of a 2 stall attached garage, stainless steel appliances, a yard, and deck. Take advantage of the discounted FIT gym membership available to residents, as well as the pet-friendly policy. With online rent payment

    2901 Cohen Ln, Waterloo, IA 50701
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    $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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    $1,800 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    2543 Edgemont Ave Unit 2543, 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 Unit 2543, Waterloo, IA 50702
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    Starting at $1,750 Per Month

    • 3 Beds

    105 Harvey Dr, Waterloo, IA 50701

    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 surrounding the property, perfect for outdoor activities or simply relaxing in the fresh air. The homeowners association

    Summerland

    105 Harvey Dr, Waterloo, IA 50701
  • /12

    $1,695 Per Month

    • 3 Beds
    • 3.5 Baths
    • 1,300 Sq Ft
    • House for Rent

    120 W Hills Ln, Waterloo, IA 50701

    Welcome to this stunning home located in a desirable area of Waterloo, IA. This spacious condo offers 3 bedrooms and 3.5 bathrooms, providing ample space for all your needs. The finished basement adds an extra touch of luxury, perfect for entertaining guests or creating a cozy retreat. Step outside onto the deck and enjoy the fresh air while taking in the beautiful surroundings. The attached

    120 W Hills Ln, Waterloo, IA 50701
  • /13

    $1,600 Per Month

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

    1745 Sager Ave, Waterloo, IA 50701

    Be the first to call this beautifully updated home at 1745 Sager Ave, Waterloo your own! This charming 3-bedroom, 1-bathroom home has been recently renovated and offers a fresh, modern feel throughout. Brand-new siding is currently being installed, giving the exterior an updated look to match the interior.Inside, you'll find a bright and inviting living space with updated finishes, three

    1745 Sager Ave, Waterloo, IA 50701
  • /22

    $1,525 Per Month

    • 5 Beds
    • 1.5 Baths
    • 1,650 Sq Ft
    • House for Rent

    137 Hope Ave, Waterloo, IA 50703

    $$ 1/2 OFF FIRST MONTH RENT MOVE IN PROMO!!$$Welcome to this charming 5-bedroom home located in the heart of Waterloo, IA. This property boasts 1.5 bathrooms, newer flooring, and comes complete with appliances, making your move-in process a breeze. The home is conveniently situated near a hospital, providing easy access to healthcare facilities for those that work there or need easy

    137 Hope Ave, Waterloo, IA 50703
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    $1,500

    Total Monthly Price

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

    3720 Ravenwood Cir, Waterloo, IA 50702

    Units range from $1,500 to $1,600 / mo. Newer 3 bed, 2 1/2 bath Townhome with 2 stall garage. Quiet neighborhood with large back yard on Waterloo's south side. Close to shopping and entertainment.

    3720 Ravenwood Cir, Waterloo, IA 50702
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    $1,500 Per Month

    • 5 Beds
    • 1.5 Baths
    • House for Rent

    402 Denver St, Waterloo, IA 50702

    Huge 5 BR home, on large fenced in corner lot. Detached garage. Main floor has 1 BR, half bath, dining room, living room, and kitchen, 4 bedrooms and full bathroom with tub and shower on second floor. Upper level and main level porches. Full unfinished basement. Outside needs paint, but inside is lovely.

    402 Denver St, Waterloo, IA 50702
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    $1,500 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,462 Sq Ft
    • House for Rent

    140 Morgan Rd, Waterloo, IA 50702

    Description: This cozy 3-bedroom, 1.5-bath home features beautiful hardwood floors, arched entryways, and authentic tile flooring. The finished basement includes the third bedroom, half bath, washer and dryer, and plenty of built-in storage. Enjoy a fully fenced backyard with a large patio and built-in fire pit, plus a recently built 2-stall garage. Utilities Included: NoneMove-In

    140 Morgan Rd, Waterloo, IA 50702
  • /10

    $1,500 Per Month

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft
    • House for Rent

    1651 W 11th St, Waterloo, IA 50702

    **RENT SPECIAL- HALF OFF FIRST MONTH RENT!!!** Welcome to this charming 3 bedroom, 1 bathroom home located in Waterloo, IA. This property is located right by Kittrell Elementary school making it an ideal location for those with children! This cozy house features a double stall garage, perfect for storing your vehicles or extra belongings. Enjoy the spacious backyard, great for outdoor

    1651 W 11th St, Waterloo, IA 50702
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    $1,450 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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    $1,425 Per Month

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

    824 Logan Ave, Waterloo, IA 50703

    **MOVE IN PROMO 1/2 OFF FIRST MONTH'S RENT**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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    Starting at $1,100 Per Month

    • Studio - 1 Bed

    325 E Park Ave, Waterloo, IA 50703

    1 MONTH RENT FREE WITH A 12-MONTH LEASE!!!Units are going quick, don't miss out on this deal!!!Urban lofts with charm.Units at the The Temple will occupy multiple “stories” in order to retain the feeling of openness in the renovated spaces. Much of the character of this building is defined by the original steel bridge trusses, which remain exposed within the multi-story

    Park Avenue Lofts The Temple

    325 E Park Ave, Waterloo, IA 50703
  • /30

    $1,300 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 $1,250 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
  • /7

    Starting at $1,150 Per Month

    • 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
  • /2

    $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
  • /12

    $1,250 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,100 Sq Ft
    • House for Rent

    1429 Baltimore St, Waterloo, IA 50702

    3 Bedroom 1 1/2 Bathroom HOUSE at 1429 Baltimore in West Waterloo. New Windows! All appliances provided including washer and dryer! Central Air - main floor bedroom and half bathroom. HUGE back yard & lot. Kittrell ElementaryHoover MiddleWaterloo West HighTenant pays for all utilities and is responsible for lawn and snow care- We will conduct a background

    1429 Baltimore St, Waterloo, IA 50702
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    $1,250 Per Month

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

    1212 Forest Ave, Waterloo, IA 50702

    This 2-bedroom, 1-bath home in Waterloo offers welcoming curb appeal with a front porch and a one-stall detached garage. The layout is not only full of charachter and charm, but also includes a separate dining room and a kitchen with generous cabinets, plus a dedicated laundry area for convenience. A full unfinished basement provides flexible storage or finishing potential. Enjoy a large,

    1212 Forest Ave, Waterloo, IA 50702
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    $1,250 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    2343 Logan Ave Unit King Jacuzzi Room, Waterloo, IA 50703

    Welcome to the King Jacuzzi Suite, located at 2343 Logan Ave in the vibrant city of Waterloo, IA. This unique, studio-style King Size bed suite offers a luxurious Jacuzzi tub, perfect for unwinding after a long day. The suite comes with a mini fridge and TV as well as a mini kitchen space, providing all the comforts of home. The property also boasts a pool, adding an extra touch of luxury to your

    2343 Logan Ave Unit King Jacuzzi Room, 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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    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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    $1,200

    Total Monthly Price

    • 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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    $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 RentWelcome 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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    $1,200 Per Month

    • 4 Beds
    • 2 Baths
    • 1,312 Sq Ft
    • House for Rent

    1122 W 5th St, Waterloo, IA 50702

    4 Bedroom / 2 Bathroom HOUSE at 1122 W 5th St in West Waterloo. Across the street from Irving Elementary. Two story home. Master bedroom and bathroom located on main level. Three rooms and full bath upstairs. All appliances and washer and dryer provided. Off street parking in rear. Section 8 approved.-Security Deposit is 1.5x the rent on all units-We will do background checks and

    1122 W 5th St, Waterloo, IA 50702
  • /11

    $1,150 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    1926 E 4th St, Waterloo, IA 50703

    3 BR Single Family Home. Garage and shed included. Large driveway. Enclosed front porch. One bedroom, living room, kitchen, and 1 bathroom (shower) on main floor, full unfinished basement, second floor has 2 bedrooms, and second bathroom (tub only). Resident pays all utilities. Pet on approval.

    1926 E 4th St, Waterloo, IA 50703
  • /13

    $1,100

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,400 Sq Ft
    • House for Rent

    1821 E Ridgeway Ave, Waterloo, IA 50702

    This property at 1821 E Ridgeway Ave features 2 bedrooms and 1 bathroom within a total living space of 1,400 square feet. The living room offers ample space for relaxation and is designed for comfortable living. The bathroom includes essential fixtures and provides functional space. Each bedroom is adequately sized, allowing for various furniture arrangements. The property is smoke-free,

    1821 E Ridgeway Ave, Waterloo, IA 50702
  • /25

    $1,100

    Total Monthly Price

    • 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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    $1,100 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

    • 3 Beds
    • 1 Bath
    • 1,276 Sq Ft
    • House for Rent

    519 Baltimore St, Waterloo, IA 50702

    Description: This 3-bedroom house has new floor and paint throughout! Fridge and stove will be provided. Schools: Cunningham Elementary, Carver Middle School, West High School Utilities Included: NoneAverage Utilities: $190 Move-In Costs: $1100 Deposit, $1100Rent Lawn/Snow: Tenant responsibility AC: N/A Section 8: Not ApplicablePets: Allowed on a case-by-case

    519 Baltimore St, Waterloo, IA 50702
  • /22

    $1,100 Per Month

    • 4 Beds
    • 1 Bath
    • 1,177 Sq Ft
    • House for Rent

    1812 Logan Ave, Waterloo, IA 50703

    Description: This 4-bedroom house features new floors throughout the main level and a 2-stall garage. Schools: Cunningham Elementary, Central Middle School, West High School Utilities Included: NoneAverage Utilities: $175Move-In Costs: $1100 Deposit, $1100Rent Lawn/Snow: Tenant responsibilityAC: N/A Section 8: Not ApplicablePets: Allowed on a case-by-case basis,

    1812 Logan Ave, Waterloo, IA 50703
  • /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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    Starting at $695 Per Month

    • 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

    Russell Lamson

    209 W 5th St, 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 $900 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses 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 $36,000 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 $900 per month in Waterloo, IA, renters typically need to show $2,700 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 12.8, 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 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, Does, Franklin Gateway and Cedar River, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
129
Median Rent
$900
Median Single Family Home Rent
$950
Median Townhouse Rent
$775
Median Condo Rent
$763
How to Rent a Home