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

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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.

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1297 Downing Ct
3 Bedroom Apartments

1297 Downing Ct

1297 Downing CtWaterloo, IA 50701
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Heritage Homes
3 Bedroom Apartments

Heritage Homes

1306 W Donald StWaterloo, IA 50703
  • Utilities Included

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.

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Cedar Knoll
3 Bedroom Apartments

Cedar Knoll

5535 Dysart RdWaterloo, IA 50701
  • Utilities Included
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4th Street Manor
3 Bedroom Apartments

4th Street Manor

3805-3807 W 4th StWaterloo, IA 50701
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Woodline Townhomes
3 Bedroom Apartments

Woodline Townhomes

2539 W 3rd StWaterloo, IA 50701
  • Utilities Included

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.

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Urban Flats North
3 Bedroom Apartments

Urban Flats North

2019 Olive StCedar Falls, IA 50613
  • Utilities Included

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

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Written By:
Staff Writer
Local Guide Expert

Waterloo 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: September 19, 2025

There 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:

NeighborhoodAvailable UnitsMedian PriceMin Price
Downtown Waterloo3$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 ListingModel NameSquare FootagePriced From
Summerland Twinhomes: Modern Comfort in Waterloo3 Bed, 3.5 Bath Townhome | Summerland Twinhomes1,352 Sq Ft$1,900
Lantern Square ApartmentsLS 3x1.51,282 Sq Ft$1,200
Pineview Place Apartments3 Bedroom/2 Bath1,200 Sq Ft$1,200
Twin Oaks ApartmentsNewly Constructed Modern Townhomes1,160 Sq Ft$1,625
1224-1282 W Mullan Ave3 BR/ 1 BA1,114 Sq Ft$775
Union at North Crossing3 Bed 2 Bath1,112 Sq Ft$1,233
Meadow Ridge Apartments3 BR / 1 BA986 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 ListingModel NamePriced From
1224-1282 W Mullan Ave3 BR/ 1 BA$775
Meadow Ridge Apartments3 BR / 1 BA$850
Pineview Place Apartments3 Bedroom/2 Bath$1,200
Lantern Square ApartmentsLS 3x1.5$1,200
Union at North Crossing3 Bed 2 Bath$1,233
Twin Oaks ApartmentsNewly Constructed Modern Townhomes$1,625
Summerland Twinhomes: Modern Comfort in Waterloo3 Bed, 3.5 Bath Townhome | Summerland Twinhomes$1,900

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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, IA
Population: 67,798

Ranked #539

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waterloo, IA Rentals by Map

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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

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

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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.