
New Apartments for Rent in Waterloo, IA Under $2,000 (25 Rentals)


Grand Crossing

Prairie Rapids

Art Bloc

Park Avenue Lofts The Temple

Union at North Crossing
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.

5739 Summerland Dr

5632 Keith Ln

2557 W 3rd St

Woodline Townhomes

Twin Oaks Apartments

Willow Falls Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Arabella: 200 W 1st St - Cedar Falls

State Street Riverfront

The Residence @ Willow Falls

Zion Flats

Meadowbrook Apartments

Cedar West Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Summit on College Hill

Falls Edge Studios

305 Post Oak Dr

327 Post Oak Dr, Unit 327

125-127 Westgate Ave

Urban Flats South
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.

Urban Flats
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 | $1,091 | $600 | $1,450 |
| Waterloo 1 Bedroom Apartments | $1,122 | $420 | $1,800 |
| Waterloo 2 Bedroom Apartments | $1,361 | $600 | $2,100 |
| Waterloo 3 Bedroom Apartments | $1,421 | $875 | $1,950 |
| Waterloo 4 Bedroom Apartments | $1,878 | $1,400 | $2,400 |
Browse Top Apartments in Waterloo
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Waterloo, IA Local Guide
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Real 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!
Explore Waterloo, IA Rentals by Map
See the most popular apartments and homes in Waterloo, IA
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 New Waterloo Apartments
What is the Cheapest New apartment in Waterloo?
Currently the most affordable New Apartment in Waterloo is at Park Avenue Lofts The Temple listed at $1,100.
How much is the average rent for a New Waterloo Apartment?
The average rent for a New Apartment in Waterloo is $1,437.
What is the largest New Waterloo Apartment for rent?
Today's New apartment with the most square footage in Waterloo is a 1,225 square feet unit starting from $1,360 at Grand Crossing.
What is the average size for Waterloo New Apartments for rent?
The average size for a New rental in Waterloo is currently at 590 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.