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Rent in Waterloo, IA: Prices & Apartments for Rent

As of October 17, 2026, the median asking rent for a 1-bedroom in Waterloo, IA is $650/month, based on 91 active listings on Redfin, Zillow and ApartmentHomeLiving. 2-bedroom: $835 (132 listings).

That is 19% below the Iowa 1-bedroom median of about $800. Nearby, the 1-bedroom median ranges from $755 in Marion to $975 in Iowa City.

Updated · 446 listings. Prices are advertised asking rents; check availability on the original listing. How we calculate

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Median rent in Waterloo

From listings with a single price and a single bedroom count. Fewer than 20 such listings and we leave the figure out.

Studio
—
11 listings
1 bedroom
$650
91 listings
2 bedrooms
$835
132 listings
3+ bedrooms
$1,075
71 listings

Rentals in Waterloo

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Renting in Waterloo: common questions

What is the median rent for a 1-bedroom apartment in Waterloo, IA?
As of October 17, 2026, the median asking rent for a 1-bedroom in Waterloo, IA is $650 per month, based on 91 listings with a single price. A 2-bedroom has a median of $835.
How many rentals are available in Waterloo, IA?
446 rentals are listed in Waterloo, IA on Redfin, Zillow and ApartmentHomeLiving as of October 17, 2026, after removing listings that appear on more than one site.
How are these rent prices calculated?
We collect active listings from Redfin, Zillow and ApartmentHomeLiving, remove duplicates across sites, and take the median of asking rents for listings with one price and one bedroom count. If fewer than 20 listings qualify for a bedroom size, we leave that figure out. Read the full methodology
How much income do I need to rent in Waterloo, IA?
Many landlords ask for gross income of at least 3 times the monthly rent. For a median 1-bedroom at $650/month, that is about $1,950 a month, or $23,400 a year.

Rent in cities near Waterloo

All cities in Iowa · Cheapest places to rent in Iowa · Embed this data