Studio Apartments for Rent in Waterloo, IA (17 Rentals)

Park Avenue Lofts
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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.

227 Allen St
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River Place

228 Spaces - Furnished Micro-Living Apartments
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305 Main 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 | $940 | $550 | $1,300 |
Waterloo 1 Bedroom Apartments | $1,040 | $625 | $1,800 |
Waterloo 2 Bedroom Apartments | $1,240 | $525 | $3,433 |
Waterloo 3 Bedroom Apartments | $1,250 | $800 | $1,950 |
Waterloo 4 Bedroom Apartments | $1,083 | $295 | $1,600 |
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Waterloo, IA Local Guide

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Waterloo Studio Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: June 14, 2025There are currently 6 available Studio apartment units in Waterloo, IA neighborhoods that range in price from $550 to $1,300. Heres is today's list of the top neighborhoods in Waterloo with the most available Studio apartments:
Neighborhood | Available Units | Median Price | Min Price |
---|---|---|---|
Downtown Waterloo | 6 | $747 | $550 |
Largest Available Waterloo Studio Apartments
The largest available Studio apartment unit in Waterloo, IA is found at Edgemont Park Apartments in the Downtown Waterloo neighborhood and is 625 square feet priced from $795. Falls Edge Studios in the Downtown Cedar Falls neighborhood has the second largest Studio, which is sized at 487 square feet and currently listed start at $1,095. Here is today’s list of the largest available Studio units in Waterloo:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Edgemont Park Apartments | 1 Bedroom Efficiency @ Edgemont Park | 625 Sq Ft | $795 |
Falls Edge Studios | Studio E (w/ patio) | 487 Sq Ft | $1,095 |
Urban Flats South | Studio | 462 Sq Ft | $1,200 |
Park Avenue Lofts | Studio - AVAILABLE NOW! | 425 Sq Ft | $1,100 |
Russell Lamson | Studio | 396 Sq Ft | $675 |
Cheapest Available Waterloo Studio Apartments
As of June 14, 2025 the lowest priced Studio apartment unit in Waterloo, IA is the Studio Model starting from $675 at Russell Lamson in the Downtown Waterloo neighborhood. The second most affordable Waterloo Studio is the 1 Bedroom Efficiency @ Edgemont Park Model at Edgemont Park Apartments starting at $795 . The average price for all Studio apartments in Waterloo is currently $940. Here is today’s list of the cheapest available Studio options in Waterloo:
Apartment Listing | Model Name | Priced From |
---|---|---|
Russell Lamson | Studio | $675 |
Edgemont Park Apartments | 1 Bedroom Efficiency @ Edgemont Park | $795 |
University Manor | Luxary Studio (June '25) | $900 |
Falls Edge Studios | Studio C | $950 |
Park Avenue Lofts | Studio - AVAILABLE NOW! | $1,100 |
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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
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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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 Studio Waterloo Apartments
What is the Cheapest apartment in Waterloo with Studio?
Currently the most affordable Studio in Waterloo is at Russell Lamson listed at $675.
How much is the average rent for a Studio Waterloo Apartment?
The average rent for a Studio Apartment in Waterloo is $940.
What is the largest available Studio Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 625 square feet unit starting from $795 at Edgemont Park Apartments.
What is the average size for Waterloo Studio Apartments for rent?
The average size for a Studio rental in Waterloo is currently 431 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.