3 Bedroom Apartments for Rent in Waterloo, IA (34 Rentals)

Union at North Crossing

Summerland Twinhomes: Modern Comfort in Waterloo
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

1224-1282 W Mullan Ave

213 Clay St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Meadowbrook Apartments
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

620 W Seerley Blvd, Unit 1

2322 College St, Unit 4

1123 W 22nd St

2104 College St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Waterloo, IA Local Guide

How much does it cost to rent an apartment in Waterloo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterloo Studio Apartments | $915 | $600 | $1,300 |
Waterloo 1 Bedroom Apartments | $1,038 | $295 | $1,800 |
Waterloo 2 Bedroom Apartments | $1,164 | $525 | $2,500 |
Waterloo 3 Bedroom Apartments | $1,221 | $775 | $1,900 |
Waterloo 4 Bedroom Apartments | $792 | $295 | $1,600 |
Browse Top Apartments in Waterloo
See all Apartments in WaterlooExplore Waterloo
Waterloo, IA Local Guide

- Waterloo Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Waterloo 3 Bedroom Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: September 19, 2025There are currently 3 available 3 Bedroom apartment units in Waterloo, IA neighborhoods that range in price from $775 to $1,145. Heres is today's list of the top neighborhoods in Waterloo with the most available 3 Bedroom apartments:
Neighborhood | Available Units | Median Price | Min Price |
---|---|---|---|
Downtown Waterloo | 3 | $850 | $775 |
Largest Available Waterloo 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Waterloo, IA is found at Summerland Twinhomes: Modern Comfort in Waterloo and is 1,352 square feet priced from $1,900. Lantern Square Apartments has the second largest 3 Bedroom, which is sized at 1,282 square feet and currently listed start at $1,200. Here is today’s list of the largest available 3 Bedroom units in Waterloo:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Summerland Twinhomes: Modern Comfort in Waterloo | 3 Bed, 3.5 Bath Townhome | Summerland Twinhomes | 1,352 Sq Ft | $1,900 |
Lantern Square Apartments | LS 3x1.5 | 1,282 Sq Ft | $1,200 |
Pineview Place Apartments | 3 Bedroom/2 Bath | 1,200 Sq Ft | $1,200 |
Twin Oaks Apartments | Newly Constructed Modern Townhomes | 1,160 Sq Ft | $1,625 |
1224-1282 W Mullan Ave | 3 BR/ 1 BA | 1,114 Sq Ft | $775 |
Union at North Crossing | 3 Bed 2 Bath | 1,112 Sq Ft | $1,233 |
Meadow Ridge Apartments | 3 BR / 1 BA | 986 Sq Ft | $850 |
Cheapest Available Waterloo 3 Bedroom Apartments
As of September 19, 2025 the lowest priced 3 Bedroom apartment unit in Waterloo, IA is the 3 BR/ 1 BA Model starting from $775 at 1224-1282 W Mullan Ave in the Downtown Waterloo neighborhood. The second most affordable Waterloo 3 Bedroom is the 3 BR / 1 BA Model at Meadow Ridge Apartments starting at $850 . The average price for all 3 Bedroom apartments in Waterloo is currently $1,221. Here is today’s list of the cheapest available 3 Bedroom options in Waterloo:
Apartment Listing | Model Name | Priced From |
---|---|---|
1224-1282 W Mullan Ave | 3 BR/ 1 BA | $775 |
Meadow Ridge Apartments | 3 BR / 1 BA | $850 |
Pineview Place Apartments | 3 Bedroom/2 Bath | $1,200 |
Lantern Square Apartments | LS 3x1.5 | $1,200 |
Union at North Crossing | 3 Bed 2 Bath | $1,233 |
Twin Oaks Apartments | Newly Constructed Modern Townhomes | $1,625 |
Summerland Twinhomes: Modern Comfort in Waterloo | 3 Bed, 3.5 Bath Townhome | Summerland Twinhomes | $1,900 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Waterloo Overview
Black Hawk County, located in Iowa, is a beautiful part of the country. One of the jewels is Waterloo, IA, which is the county seat. Waterloo is not far from Cedar Falls, however, it still has beautiful living opportunities in its own right. If you are looking for apartments in Waterloo, Iowa, what do you need to know about this area? Take a look at some important information and find the best Waterloo apartments in the region.á
Why live in Waterloo, IA?
There are lots of reasons why people choose to live in the beautiful area of Waterloo. First, traffic is relatively light, allowing people to spend more time doing what they love instead of sitting in traffic. Next, the cost of living in Waterloo is very low. That is because real estate is not that expensive. Finally, there are lots of friendly people who live in Waterloo as well. Lots of people are willing to help each other out, making Waterloo a beautiful place for young professionals and family.á
Waterloo, IAPopulation: 67,798
Ranked #539
in US Census Population by City
Best Local Schools in Waterloo, IA
Orange Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterloo, IA Rentals by Map
See the most popular apartments and homes in Waterloo, IA
Getting Around Waterloo, IA
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
24 / 100
Minimal Transit
It may be possible to get on a bus
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.
Frequently Asked Questions about 3 Bedroom Waterloo Apartments
What is the Cheapest apartment in Waterloo with 3 Bedroom?
Currently the most affordable 3 Bedroom in Waterloo is at 1224-1282 W Mullan Ave listed at $775.
How much is the average rent for a 3 Bedroom Waterloo Apartment?
The average rent for a 3 Bedroom Apartment in Waterloo is $1,221.
What is the largest available 3 Bedroom Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 1,352 square feet unit starting from $1,900 at Summerland Twinhomes: Modern Comfort in Waterloo.
What is the average size for Waterloo 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Waterloo is currently 1,187 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.