
Cheap Student Apartments for Rent in Waterloo, IA from $420 (5 Rentals)
Student Housing Options in Waterloo.
Cheap Apartments in Waterloo.


Park @ Nine23
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

2610 College St - Cedar Falls

2007 College St
First Apartment Regrets: Real Renters Share What They'd Do Differently
Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

804 W 18th St
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 | $1,058 | $600 | $1,450 |
| Waterloo 1 Bedroom Apartments | $971 | $420 | $1,915 |
| Waterloo 2 Bedroom Apartments | $1,301 | $625 | $2,500 |
| Waterloo 3 Bedroom Apartments | $1,416 | $800 | $1,950 |
| Waterloo 4 Bedroom Apartments | $1,700 | $1,100 | $2,400 |
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Waterloo, IA Local Guide
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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.
Read ArticleNavigating 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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!
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Waterloo, IA Area Reviews
K.c • 4+ years in Waterloo
May 24, 2026I'm sorry, the only reason I haven't moved out of state is because of my grown kids, grandkids and my mom Waterloo isn't very safe at night anywhere...it's really boring.
Frequently Asked Questions about Cheap Waterloo Apartments
What is the Cheapest Studio apartment in Waterloo?
Currently the most affordable Cheap Studio Apartment in Waterloo is at 228 Spaces listed at $795.
How much is rent for a Cheap One Bedroom Waterloo Apartment?
The lowest price for a Cheap One Bedroom Waterloo Apartment is $615 at 1009 Thorndale Ave.
What is the lowest price for a Cheap Two Bedroom Waterloo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterloo is starting from $700 at 221-231 Miriam.
What is the most affordable Waterloo Three Bedroom Apartment?
The best deal on a cheap Waterloo Three Bedroom Apartment rental is at Cedar Crest Apartments and starts from $1,000.
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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.