3 Bedroom Apartments for Rent in Waterloo, IA (35 Rentals)

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Cedar Knoll
3 Bedroom Apartments

Cedar Knoll

5535 Dysart RdWaterloo, IA 50701
  • Utilities Included
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505 Wellington St
3 Bedroom Apartments

505 Wellington St

505 Wellington StWaterloo, IA 50701
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1297 Downing Ct
3 Bedroom Apartments

1297 Downing Ct

1297 Downing CtWaterloo, IA 50701

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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Heritage Homes
3 Bedroom Apartments

Heritage Homes

1306 W Donald StWaterloo, IA 50703
  • Utilities Included
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Russell Lamson
3 Bedroom Apartments

Russell Lamson

209 W 5th StWaterloo, IA 50701
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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4th Street Manor
3 Bedroom Apartments

4th Street Manor

3805-3807 W 4th StWaterloo, IA 50701
property at 1015 W 22nd St

$1,350 - $1,900

3 Bedroom Rentals

Available Aug 1

1015 W 22nd St

Cedar FallsIA50613

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Urban Flats North
3 Bedroom Apartments

Urban Flats North

2019 Olive StCedar Falls, IA 50613
Student Housing
  • Utilities Included

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: February 24, 2026

There are currently 1 available 3 Bedroom apartment units in Waterloo, IA neighborhoods that range in price from $850 to $850. Heres is today's list of the top neighborhoods in Waterloo with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Downtown Waterloo1$850$850

Largest Available Waterloo 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Waterloo, IA is found at Twin Oaks Apartments and is 1,160 square feet priced from $1,950. Union at North Crossing has the second largest 3 Bedroom, which is sized at 1,112 square feet and currently listed start at $1,209. Here is today’s list of the largest available 3 Bedroom units in Waterloo:

Apartment ListingModel NameSquare FootagePriced From
Twin Oaks Apartments3 Bedroom1,160 Sq Ft$1,950
Union at North Crossing3 Bed 2 Bath1,112 Sq Ft$1,209
Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms3X1.5 Coffee Cupboards, Stainless, New LVP Thro...1,100 Sq Ft$1,200

Cheapest Available Waterloo 3 Bedroom Apartments

As of February 24, 2026 the lowest priced 3 Bedroom apartment unit in Waterloo, IA is the 3X1.5 Coffee Cupboards, Stainless, New LVP Thro... Model starting from $1,200 at Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms . The second most affordable Waterloo 3 Bedroom is the 3 Bed 2 Bath Model at Union at North Crossing starting at $1,209 . The average price for all 3 Bedroom apartments in Waterloo is currently $1,483. Here is today’s list of the cheapest available 3 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms3X1.5 Coffee Cupboards, Stainless, New LVP Thro...$1,200
Union at North Crossing3 Bed 2 Bath$1,209
Twin Oaks Apartments3 Bedroom$1,950

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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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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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.

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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.

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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

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

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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 Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms listed at $1,200.

How much is the average rent for a 3 Bedroom Waterloo Apartment?

The average rent for a 3 Bedroom Apartment in Waterloo is $1,483.

What is the largest available 3 Bedroom Waterloo Apartment for rent?

Today's apartment with the most square footage in Waterloo is a 1,160 square feet unit starting from $1,950 at Twin Oaks Apartments.

What is the average size for Waterloo 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Waterloo is currently 1,245 sq ft.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.