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Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms
Waterloo, IA 50701
- 1–3 Bedrooms
- 672–1,282Square Feet
About Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms
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 a full gym and fitness center, accessible 24/7, along with our pool and cabana during summer months. At Lantern Square Apartments, we've thought of everything to make your life easier and more enjoyable. Come and experience the lifestyle you deserve. Don't forget to stop by the clubhouse and enjoy a cup of coffee from our coffee bar.
Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms is located in the 50701 Zip code of Waterloo, IA.
Unique Features and Amenities
- Balcony or Patio
- Blinds
- Coffee Bar in Clubhouse
- Coin laundry on site
- Fittness Center
- Garage
- Garages Avalible
- Grill area
- Newer Vinyl Windows
- Off-Street Parking
- Park Like Setting with Grills
- Resort style pool
- Sewer
- trash
- Venthood
- Vinyl Windows
- Water
- Water/sewer/trash removal
Property Contact Info
Floorplan Pricing and Availability
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >1 Bedroom
LS 1x1
$895
1 Bed, 1 Bath, 672 sq ftAvailable January 10, 2026Model Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit $895 January 10, 2026 1143-10 672 $895 Unit 1143-10 Amenities and Features
Features
- Air Conditioning
Fitness & Recreation
- Fitness Center
Kitchen
- Dishwasher
- Range
- Refrigerator
Outdoor Space
- Courtyard
Unique Features
- Blinds
- Coffee Bar In Clubhouse
- Coin Laundry On Site
- Grill Area
- Newer Vinyl Windows
- Park Like Setting with Grills
- Resort Style Pool
Model Rent and Fees
Price
- $895
Apartment Model: LS 1x11 Bedroom, 1 Bath, 672 sq ftAvailable January 10, 2026FloorplansPhotos![]()
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LS 1x1 - Floorplan 10 Apartment Unit: 1143-10Apartment Model: LS 1x11 Bedroom, 1 Bath, 672 sq ftAvailable January 10, 20262 Bedrooms
Show Unavailable FloorplansLS 2x1.5
$925
2 Beds, 1.5 Baths, 956 sq ftAvailable Dec 14Model Gallery
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit $925 December 14, 2025 1121-6 956 $925 Unit 1121-6 Amenities and Features
Features
- Air Conditioning
- Balcony
Fitness & Recreation
- Fitness Center
- Pool
Kitchen
- Dishwasher
- Range
- Refrigerator
Outdoor Space
- Courtyard
Unique Features
- Blinds
- Coin Laundry On Site
- Garages Avalible
- Grill Area
- Newer Vinyl Windows
- Venthood
- Water/sewer/trash removal
Unit Description
Welcome to Lantern Square Apartments, your new home in the heart of Waterloo, IA. This prime location offers a blend of comfort and convenience, with a host of top-notch amenities designed to enhance your living experience. Enjoy the luxury of central air conditioning, newer vinyl windows, and the convenience of off-street parking and a garage. Stay active and fit in our fitness center or take a refreshing dip in our resort-style pool. Our beautifully landscaped courtyard is perfect for leisurely strolls, while our grill area is ideal for outdoor dining and entertaining. The clubhouse is a welcoming space where you can relax and enjoy a cup of coffee from our coffee bar. At Lantern Square Apartments, we've thought of everything to make your life easier and more enjoyable. Come and experience the lifestyle you deserve.
Model Rent and Fees
Price
- $925
Apartment Model: LS 2x1.52 Bedroom, 1.5 Bath, 956 sq ftAvailable December 14, 2025![]()
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LS 2x1.5 - Image 10 Apartment Unit: 1121-6Apartment Model: LS 2x1.52 Bedroom, 1.5 Bath, 956 sq ftAvailable December 14, 2025LS Grey Full Update 2x1.5
2 Beds, 1.5 Baths, 956 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable LS Grey Full Update 2x1.5 956 sq ft 2x1.5 Lower Level No Patio
2 Beds, 1.5 Baths, 1000 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable 2x1.5 Lower Level No Patio 1000 sq ft 2x1.5 Pool View Non Updated
2 Beds, 1.5 Baths, 1000 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable 2x1.5 Pool View Non Updated 1000 sq ft 3 Bedrooms
LS 3x1.5
$1,200
3 Beds, 1.5 Baths, 1282 sq ftAvailable January 10, 2026Model Gallery
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,200 January 10, 2026 1123-2 1282 $1,200 Unit 1123-2 Amenities and Features
Features
- Air Conditioning
Kitchen
- Dishwasher
- Range
- Refrigerator
Outdoor Space
- Courtyard
Unique Features
- Balcony or Patio
- Blinds
- Coffee Bar In Clubhouse
- Fittness Center
- Park Like Setting with Grills
- Resort Style Pool
- Sewer
- Trash
- Venthood
- Vinyl Windows
- Water
Unit Description
Welcome to Lantern Square Apartments, your new home in the heart of Waterloo, IA. This prime location offers a blend of comfort and convenience, with a host of top-notch amenities designed to enhance your living experience. Enjoy the luxury of central air conditioning, newer vinyl windows, and the convenience of off-street parking and a garage. Stay active and fit in our fitness center or take a refreshing dip in our resort-style pool. Our beautifully landscaped courtyard is perfect for leisurely strolls, while our grill area is ideal for outdoor dining and entertaining. The clubhouse is a welcoming space where you can relax and enjoy a cup of coffee from our coffee bar. At Lantern Square Apartments, we've thought of everything to make your life easier and more enjoyable. Come and experience the lifestyle you deserve.
Model Rent and Fees
Price
- $1,200
Apartment Model: LS 3x1.53 Bedroom, 1.5 Bath, 1282 sq ftAvailable January 10, 2026![]()
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LS 3x1.5 - Image 10 Apartment Unit: 1123-2Apartment Model: LS 3x1.53 Bedroom, 1.5 Bath, 1282 sq ftAvailable January 10, 2026
Property Information
- 132 Units
- 3 Stories
- Built in 1972
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Lease Terms
- 12 months
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Required Fees
One-Time Move-In Fees
- Due at Application
- Application Fee Per Applicant$60
Other Fees
Parking Fees
- Parking Fee$60/mo
Garage Detached
Pet Policy and Fees
Cats
- Fees Not Specified
Dogs
- Fees Not Specified
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
Map
- Shopping
- Colleges
- Schools
- Grocery
- Medical
- Nearby Properties
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Getting Around
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Renters Reviews and Ratings
Couldn't be happier with our family's choice.
September 18, 2025I can't say enough about the management. Amanda is just the best, always smiling and so helpful. It makes such a difference when you can tell the person in charge genuinely cares. And it's not just her; the whole team is really great. Plus, having the garage is a major bonus, especially during the winter. It’s a huge relief to not have to scrape my car every morning.Review from Apartments.com
Couldn't be happier with this choice.
September 18, 2025I was a little worried about finding a good place, but Lantern Square is perfect. The apartments are really spacious and the central air is a huge plus. The coffee bar in the clubhouse is a lifesaver. It feels like a small community and everyone is so friendly. I love it here!Review from Apartments.com
Best apartment I've ever had.
September 18, 2025I love it here. The pool is amazing, and I use the gym all the time. My apartment is super cozy, and I love having a balcony. The management has been so good to me, and everything is always taken care of. Couldn't ask for a better place to live.Review from Apartments.com
Pleasantly surprised
September 13, 2025i was a little unsure when i first saw the place, but after a few months, I'm really happy. my apartment is bigger than I thought it would be, and the central air is a godsend. I love having my own little balcony. The gym isn't huge, but it's enough to get a decent workout in. The staff is always friendly when I see them around. It's a solid, no-frills place to live.Review from Apartments.com
The best part is the pool.
September 13, 2025I love living here. The pool area is so nice in the summer, I spend as much time as I can there. It's great to have a balcony too. My unit is pretty quiet, which I was worried about. Overall, it's a solid place to live.Review from Apartments.com
Happy with my decision.
September 13, 2025I was on the fence, but the first month free was a good deal. My apartment is a good size, and I use the gym all the time. It's not a fancy place, but it's clean and safe, and the staff is really nice. No complaints from me.Review from Apartments.com
Lantern Square experience
September 12, 2025I looked at a bunch of apartments, and something about Lantern Square just felt like home. The clubhouse is a nice place to get some work done when I need a change of scenery. The gym is small but has everything I need, and it's nice not having to pay for a separate membership. The location is perfect for my commute, and it's close to all my favorite grocery stores. The included utilities are also a huge plus for my budget. I'm really glad I chose this place.Review from Apartments.com
Couldn't be happier with my new place.
September 12, 2025I moved in a few months ago after a rough year, and Lantern Square has been such a positive change. It's so quiet at night, and having the balcony is great for just sitting outside and unwinding. I really love the pool, it's a great spot to relax on my days off. The staff has been super kind and helpful, they made the whole moving process so much easier than I expected. My apartment is a perfect size for me, and I finally feel settled.Review from Apartments.com
My New Home is a Paradise!
September 11, 2025I'm so glad I chose Lantern Square Apartments. The first month free special was a great incentive, and the apartment itself has been a wonderful place to live. The newer vinyl windows are a nice touch, and my balcony is the perfect spot to relax. The grounds are beautiful, and I've already made use of the grill area. It truly feels like a resort. The on-site management and maintenance team are responsive and professional, making for a truly stress-free living experience. If you're looking for an ...apartment in Waterloo, this should be at the top of your list!Read MoreReview from Apartments.com
Excellent Amenities and a Great Staff!
September 11, 2025I've been so impressed with Lantern Square. The staff is wonderful and has been incredibly helpful since I moved in. The amenities are a huge plus, the coffee bar in the clubhouse is a lifesaver in the mornings, and I've been loving the grill area for evening barbecues. The on-site laundry facilities and maintenance staff make life so much easier. The apartment itself is comfortable and modern with a dishwasher and microwave, which is a big deal for me. This is a truly great place to call home.Review from Apartments.com
Amazing Value for Resort-Style Living
September 11, 2025Finding a place with a gym AND a pool that's also affordable is nearly impossible, but Lantern Square delivers! The value here is incredible. I love starting my day with a coffee from the clubhouse and getting a workout in at the gym. Having a private garage available is a huge plus, and I appreciate that some utilities are included. The community is clean and well-maintained, and it's clear that the management team takes pride in the property. This is a top-notch place to live in Waterloo.Review from Apartments.com
Lantern Square Waterloo, iowa
September 11, 2025I have to say that the Lantern Square apartments is a great place to call home. The easy access to local restaurants, shopping, and entertainment. Also with all the great amenities this apartment complex has to offer it just makes sense (the pool is my favorite amenity so far) I also have to give a shout out to the staff from the front office they are very pleasant and accommodating. Always going above and beyond, especially Sabrina.Review from Apartments.com
Points of Interest
Time and distance from Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms.
Big Box and Retail
Autozone
Menards
Petco
Colleges and Universities
Groceries
Hy-Vee
Aldi
Hospitals
Mercyone Waterloo Medical Center
Allen Hospital
Sartori Memorial Hospital
Shopping Centers
Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms has 5 shopping centers within 2.0 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Studio Apartments | $888 | $455 | $1,300 |
| Waterloo 1 Bedroom Apartments | $1,056 | $365 | $1,800 |
| Waterloo 2 Bedroom Apartments | $1,249 | $625 | $2,500 |
| Waterloo 3 Bedroom Apartments | $1,389 | $850 | $1,950 |
| Waterloo 4 Bedroom Apartments | $1,509 | $895 | $1,800 |
Nearby Apartments
Nearby Homes
Did You Know?
The average 4 Bedroom Apartment in Waterloo is $1,509.